Housing costs in Grand Terrace?
A typical home costs
$488,700, which is 44.5% more expensive than the national average of
$338,100 and 33.4% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Grand Terrace costs
$1,770 per month, which is 17.7% cheaper than the national average of
$2,150 and close to the state average of
$1,750.
Can I afford Grand Terrace?
To live comfortably in Grand Terrace (zip 92313), California, a minimum annual income of
$93,600 for a family, and
$56,400 for a single person is recommended.
What does A.I. say about Grand Terrace?
The cost of living in 92313 Grand Terrace, CA is generally higher than the national average. The median home value for this zip code is around $430,000, and the median household income is roughly $70,000 annually. Renting a one-bedroom apartment in this area averages around $1,400 per month. Groceries and utilities are also on the more expensive side when compared to other parts of the country. However, because of its close proximity to Los Angeles and access to high-end amenities like golf courses and hiking trails, Grand Terrace offers an appealing lifestyle that can make up for the higher prices.