Housing costs in El Segundo?
A typical home costs
$1,479,300, which is 337.5% more expensive than the national average of
$338,100 and 101.7% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in El Segundo costs
$2,850 per month, which is 32.6% more than the national average of
$2,150 and 19.3% more than the state average of
$2,300.
Can I afford El Segundo?
To live comfortably in El Segundo (zip 90245), California, a minimum annual income of
$283,320 for a family, and
$89,600 for a single person is recommended.
What does A.I. say about El Segundo?
The cost of living in 90245 El Segundo, CA is relatively high when compared to other areas in the United States. The median home price in this zip code is over $1.2 million, making it one of the most expensive housing markets in the country. Rent prices here are also quite high, with the median rent being nearly double that of the national average. In addition, goods and services are more expensive than in most other areas, making the overall cost of living quite high. Despite this, however, many people choose to live in this area because of its convenient location near Los Angeles and its excellent school systems and amenities.