Housing costs in Desert Hot Springs?
A typical home costs
$372,900, which is 10.3% more expensive than the national average of
$338,100 and 49.2% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Desert Hot Springs costs
$1,380 per month, which is 35.8% cheaper than the national average of
$2,150 and 26.8% cheaper than the state average of
$1,750.
Can I afford Desert Hot Springs?
To live comfortably in Desert Hot Springs (zip 92240), California, a minimum annual income of
$71,280 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Desert Hot Springs?
The cost of living in 92240 Desert Hot Springs, CA is significantly lower than many other parts of California, making it an attractive option for those looking to save money. The median home value is $182,400 which is much lower than the state average of $547,400. This lower cost can be attributed to the fact that there are fewer amenities and services available in this city. Groceries are also relatively inexpensive in this area while utilities remain a bit higher than neighboring cities. In addition, rental prices tend to be quite reasonable with a 1 bedroom apartment averaging just $964 per month. All of these factors make 92240 Desert Hot Springs a great option for budget conscious individuals and families who want to enjoy all that California has to offer without breaking the bank.