Housing costs in Irvine?
A typical home costs
$1,283,000, which is 279.5% more expensive than the national average of
$338,100 and 74.9% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Irvine costs
$3,210 per month, which is 49.3% more than the national average of
$2,150 and 28.3% more than the state average of
$2,300.
Can I afford Irvine?
To live comfortably in Irvine (zip 92620), California, a minimum annual income of
$245,880 for a family, and
$106,800 for a single person is recommended.
What does A.I. say about Irvine?
The cost of living in Irvine, CA (92620) is 191.7, which is significantly higher than the US average of 100. This greater expense reflects in the median house value for the city, which stands at $1.283e+006 compared to the US average of $338,100. Therefore, while Irvine is a desirable place to live due to its many amenities and quality of life, it can be expensive to purchase a home there.