Housing costs in Gilroy?
A typical home costs
$979,600, which is 189.7% more expensive than the national average of
$338,100 and 33.6% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Gilroy costs
$2,670 per month, which is 24.2% more than the national average of
$2,150 and 9.4% cheaper than the state average of
$2,920.
Can I afford Gilroy?
To live comfortably in Gilroy (zip 95020), California, a minimum annual income of
$187,560 for a family, and
$91,200 for a single person is recommended.
What does A.I. say about Gilroy?
The cost of living in 95020 Gilroy, CA is far above the US average (176.9 compared to 100). With a median house value of $979,600 in this area, it’s clear to see that the cost of living here is quite high. While this can be attributed to higher wages and quality of life in the area, it also indicates that you’ll need a much larger budget for groceries, housing costs, taxes and more to get by comfortably. For most people living in 95020 Gilroy, CA, buying a house may not even be an option as it would require more than double the US median value for a home.