Housing costs in Fresno?
A typical home costs
$490,200, which is 45.0% more expensive than the national average of
$338,100 and 33.2% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Fresno costs
$1,900 per month, which is 11.6% cheaper than the national average of
$2,150 and 33.7% more than the state average of
$1,260.
Can I afford Fresno?
To live comfortably in Fresno (zip 93723), California, a minimum annual income of
$93,960 for a family, and
$60,400 for a single person is recommended.
What does A.I. say about Fresno?
The cost of living in 93723 Fresno, CA is relatively affordable compared to many cities. According to BestPlaces.net, 93723 has a cost of living index of 95.3, which is slightly lower than the U.S. average (100). This means that goods and services are moderately cheaper in this area than other parts of the country. Rent prices are particularly attractive, with an average two-bedroom apartment costing about $1,000 per month. Grocery expenses also tend to be lower here, with a typical grocery basket costing around $50. In addition, utilities such as electricity and water are significantly cheaper in this area than many others in the US. All these factors contribute to making 93723 Fresno an attractive place for those looking for more budget-friendly living options.