Housing costs in Lakewood?
A typical home costs
$815,200, which is 141.1% more expensive than the national average of
$338,100 and 11.1% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Lakewood costs
$2,890 per month, which is 34.4% more than the national average of
$2,150 and 20.4% more than the state average of
$2,300.
Can I afford Lakewood?
To live comfortably in Lakewood (zip 90713), California, a minimum annual income of
$156,240 for a family, and
$90,800 for a single person is recommended.
What does A.I. say about Lakewood?
The cost of living in 90713 Lakewood, CA is higher than the national average. The housing costs are especially high, with a median home value of $651,400. This is significantly higher than the national average of $231,200. Other living expenses such as groceries, utilities, and transportation also tend to be more expensive here than in other parts of the country. However, the city does offer a variety of recreational activities and cultural amenities that may make up for the higher cost of living. Overall, Lakewood is an attractive option for those looking to live in a dynamic area while still having access to all the benefits of Southern California living.