Housing costs in La Palma?
A typical home costs
$1,021,900, which is 202.2% more expensive than the national average of
$338,100 and 39.3% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in La Palma costs
$2,390 per month, which is 11.2% more than the national average of
$2,150 and 3.8% more than the state average of
$2,300.
Can I afford La Palma?
To live comfortably in La Palma (zip 90623), California, a minimum annual income of
$195,840 for a family, and
$79,600 for a single person is recommended.
What does A.I. say about La Palma?
The cost of living in La Palma, CA 90623 is quite high. The median housing price is nearly $740,000, and the average rent for a one-bedroom apartment is around $2,107. Additionally, the average gas price in La Palma is about 10% higher than the national average. On top of that, groceries are roughly 6% more expensive than the national average. Despite these prices, La Palma remains an attractive option for many due to its close proximity to major cities such as Los Angeles and Anaheim.