Housing costs in Burbank?
A typical home costs
$1,062,800, which is 214.3% more expensive than the national average of
$338,100 and 44.9% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Burbank costs
$2,920 per month, which is 35.8% more than the national average of
$2,150 and 21.2% more than the state average of
$2,300.
Can I afford Burbank?
To live comfortably in Burbank (zip 91505), California, a minimum annual income of
$203,760 for a family, and
$92,000 for a single person is recommended.
What does A.I. say about Burbank?
The cost of living in 91505 Burbank, CA is relatively high compared to other parts of the country. The median home value is $643,400, which is much higher than the national median home value of $218,000. Renters also pay a premium for apartments and homes in this area; the median rent price of a one bedroom apartment is $1,685. Groceries cost an average of 6% more than the national average, while transportation costs 4% more. Additionally, meals out at restaurants are 10% more expensive than the national average. All these factors add up to make 91505 Burbank an expensive place to live.