Housing costs in Carmel-by-the-Sea?
A typical home costs
$1,723,600, which is 409.8% more expensive than the national average of
$338,100 and 135.0% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Carmel-by-the-Sea costs
$3,750 per month, which is 74.4% more than the national average of
$2,150 and 28.5% more than the state average of
$2,680.
Can I afford Carmel-by-the-Sea?
To live comfortably in Carmel-by-the-Sea (zip 93921), California, a minimum annual income of
$330,120 for a family, and
$123,200 for a single person is recommended.
What does A.I. say about Carmel-by-the-Sea?
Carmel-by-the-Sea, CA is an affluent area and the cost of living reflects this. The median home price in 93921 is nearly $2 million, with rent prices averaging around $3,000 per month. Gasoline and clothing is slightly more expensive than the national average while food costs lie just below. Despite the high prices associated with Carmel-by-the-Sea, many people flock to this beautiful city due to its natural attractions and incredible quality of life.