Housing costs in Long Beach?
A typical home costs
$519,900, which is 53.8% more expensive than the national average of
$338,100 and 29.1% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Long Beach costs
$2,410 per month, which is 12.1% more than the national average of
$2,150 and 4.6% more than the state average of
$2,300.
Can I afford Long Beach?
To live comfortably in Long Beach (zip 90802), California, a minimum annual income of
$99,720 for a family, and
$75,600 for a single person is recommended.
What does A.I. say about Long Beach?
The cost of living in 90802 Long Beach, CA is relatively high. According to BestPlaces, the overall cost of living index in the area is 134.32, which is 34.32% higher than the average cost of living index in the United States. Housing prices are particularly expensive, with an average monthly rent for a one bedroom apartment costing around $1,795. Groceries and dining out can also be costly, with a meal at an inexpensive restaurant costing around $15 and a loaf of bread costing nearly $3. However, transportation costs are relatively low compared to other cities in California; the average price of gas is only $3.81 a gallon and public transportation tickets are relatively inexpensive at about $2-5 per ride. Overall, 90802 Long Beach residents should expect to pay more than residents of other cities due to its high cost of living index.