Housing costs in Folsom?
A typical home costs
$721,900, which is 113.5% more expensive than the national average of
$338,100 and 1.6% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Folsom costs
$2,340 per month, which is 8.8% more than the national average of
$2,150 and 24.4% more than the state average of
$1,770.
Can I afford Folsom?
To live comfortably in Folsom (zip 95630), California, a minimum annual income of
$138,240 for a family, and
$74,400 for a single person is recommended.
What does A.I. say about Folsom?
The cost of living in 95630 Folsom, CA is relatively high compared to the national average. According to data from Best Places, the cost of living index for Folsom is 135.6, which is 35.6% higher than the U.S. average. The housing index specifically is very high at 224.1, which is 124.1% higher than the national average. Of course, this depends on where in 95630 you are located and what type of housing you are looking for as prices can vary greatly depending on these factors. Other costs such as utilities, transportation, and goods and services also tend to be higher in Folsom compared to other areas of the country.