Housing costs in Elk Grove?
A typical home costs
$553,700, which is 63.8% more expensive than the national average of
$338,100 and 24.5% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Elk Grove costs
$1,860 per month, which is 13.5% cheaper than the national average of
$2,150 and 4.8% more than the state average of
$1,770.
Can I afford Elk Grove?
To live comfortably in Elk Grove (zip 95758), California, a minimum annual income of
$106,200 for a family, and
$59,200 for a single person is recommended.
What does A.I. say about Elk Grove?
Elk Grove, CA (95758) is significantly more expensive to live than the national average. The median house value in this area is a whopping $553,700 whereas the national average is $338,100. Likewise, the cost of living for Elk Grove (129.8) stands far above the US standard (100). This means that residents can expect to pay higher prices on goods and services when compared to other areas across the country. Despite its high cost of living, Elk Grove is an attractive place for people looking for spacious homes with a high quality of life.