Housing costs in Long Beach?
A typical home costs
$692,000, which is 104.7% more expensive than the national average of
$338,100 and 5.7% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Long Beach costs
$1,990 per month, which is 7.4% cheaper than the national average of
$2,150 and 15.6% cheaper than the state average of
$2,300.
Can I afford Long Beach?
To live comfortably in Long Beach (zip 90806), California, a minimum annual income of
$132,480 for a family, and
$62,400 for a single person is recommended.
What does A.I. say about Long Beach?
The cost of living in 90806 Long Beach, CA is quite high. According to the Cost of Living Index by Salary Expert, the estimated composite cost of living index for 90806 Long Beach is 39% higher than the California average and 144% higher than the national average. The median home price in 90806 is typically around $550,000 which is very expensive compared to other areas in the country. Renting a one bedroom apartment will run about $1,800 per month as well. Utility costs tend to be on par with other cities in the area, however food prices can vary significantly based on where you shop and what you buy. Overall while living here can be expensive there are still ways to maintain a budget if one is careful and does their research.