Housing costs in Lakewood?
A typical home costs
$762,900, which is 125.6% more expensive than the national average of
$338,100 and 4.0% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Lakewood costs
$2,970 per month, which is 38.1% more than the national average of
$2,150 and 22.6% more than the state average of
$2,300.
Can I afford Lakewood?
To live comfortably in Lakewood (zip 90712), California, a minimum annual income of
$146,160 for a family, and
$93,200 for a single person is recommended.
What does A.I. say about Lakewood?
The cost of living in 90712 Lakewood, CA is relatively affordable. The median home value is $635,000, which is significantly lower than the national median of $219,700. In addition, the average rent for a one bedroom apartment is around $1,300 per month, which is slightly below the national average of $1,479. There are also many stores in Lakewood and nearby areas that offer discounted or marked down items for those looking to save money. Overall, Lakewood provides residents with an affordable cost of living that allows them to enjoy all the amenities the city has to offer without breaking the bank.