Housing costs in Hermosa Beach?
A typical home costs
$1,994,100, which is 489.8% more expensive than the national average of
$338,100 and 171.9% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Hermosa Beach costs
$3,420 per month, which is 59.1% more than the national average of
$2,150 and 32.7% more than the state average of
$2,300.
Can I afford Hermosa Beach?
To live comfortably in Hermosa Beach (zip 90254), California, a minimum annual income of
$381,960 for a family, and
$107,600 for a single person is recommended.
What does A.I. say about Hermosa Beach?
The cost of living in 90254 Hermosa Beach, CA is known to be quite high. The median home value in the area is approximately $1.3 million dollars, making it one of the most expensive places to live in California. Renting a home can be even more costly, with monthly rents starting around $2,200 for a one bedroom and easily exceeding $4,000 for a two bedroom. Groceries and other basic necessities are also more expensive than in other parts of the state; however, there are plenty of entertainment options to make up for it. From local beaches and parks to nearby restaurants and shopping centers, people have plenty of ways to enjoy their relatively high cost of living.