Housing costs in Covina?
A typical home costs
$756,600, which is 123.8% more expensive than the national average of
$338,100 and 3.1% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Covina costs
$2,610 per month, which is 21.4% more than the national average of
$2,150 and 11.9% more than the state average of
$2,300.
Can I afford Covina?
To live comfortably in Covina (zip 91724), California, a minimum annual income of
$145,080 for a family, and
$82,000 for a single person is recommended.
What does A.I. say about Covina?
Covina, CA (zip code 91724) is known for its relatively low cost of living compared to the surrounding Los Angeles area. The cost of housing is primarily lower than the average LA county rate. The median home value in Covina is $520,000 as compared to a median home value of $688,900 for LA County. In addition, groceries and utilities are also generally cheaper in Covina than in the city of Los Angeles. The cost of healthcare and transportation expenses tend to be higher due to the greater distance from major providers and public transit options. Overall, however, the cost of living in Covina tends to be more affordable than in downtown Los Angeles.