Housing costs in Covina?
A typical home costs
$691,800, which is 104.6% more expensive than the national average of
$338,100 and 5.7% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Covina costs
$2,110 per month, which is 1.9% cheaper than the national average of
$2,150 and 9.0% cheaper than the state average of
$2,300.
Can I afford Covina?
To live comfortably in Covina (zip 91723), California, a minimum annual income of
$132,480 for a family, and
$66,400 for a single person is recommended.
What does A.I. say about Covina?
The cost of living in 91723 Covina, CA is relatively affordable compared to other areas in California. The median home value in the area is around $510,000, which is slightly lower than the statewide median of $552,500. Rent prices for one-bedroom apartments average at about $1,650 a month. Grocery and utility costs are also quite reasonable in this area. Overall the cost of living may be slightly higher than some other parts of California but it is still very much affordable and within reach for many people looking for a place to call home.