Housing costs in El Dorado?
A typical home costs
$515,100, which is 52.4% more expensive than the national average of
$338,100 and 29.8% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in El Dorado costs
$1,780 per month, which is 17.2% cheaper than the national average of
$2,150 and close to the state average of
$1,770.
Can I afford El Dorado?
To live comfortably in El Dorado (zip 95623), California, a minimum annual income of
$98,640 for a family, and
$56,800 for a single person is recommended.
What does A.I. say about El Dorado?
The cost of living in 95623 El Dorado, CA is significantly higher than the national average. According to Best Places, the cost of living index for El Dorado is 110.4 (100 being the national average). Housing costs are particularly high, with a median home price of $478,000, which is more than double the California state median home price of $228,000. Additionally, the median household income in El Dorado sits at $94,470 per year - much higher than the national average. These figures indicate that El Dorado is an expensive place to live and raises the bar even higher should you want to purchase or rent a home here.