Housing costs in Hanford?
A typical home costs
$320,800, which is 5.1% less expensive than the national average of
$338,100 and 56.3% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Hanford costs
$1,300 per month, which is 39.5% cheaper than the national average of
$2,150 and close to the state average of
$1,290.
Can I afford Hanford?
To live comfortably in Hanford (zip 93230), California, a minimum annual income of
$61,560 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Hanford?
Hanford, CA has a cost of living index of 96.1, which is lower than the US average of 100. This means that items such as groceries and other goods will cost less than in other places across the country. With a median home value of $320,800, Hanford is also an affordable location for potential homeowners to consider. The US average median home value is $338,100, giving Hanford an advantage over many areas with higher prices. Overall, Hanford is an attractive option for those looking for a cost-effective place to live with excellent housing options.