Housing costs in Long Beach?
A typical home costs
$876,300, which is 159.2% more expensive than the national average of
$338,100 and 19.5% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Long Beach costs
$2,840 per month, which is 32.1% more than the national average of
$2,150 and 19.0% more than the state average of
$2,300.
Can I afford Long Beach?
To live comfortably in Long Beach (zip 90808), California, a minimum annual income of
$167,760 for a family, and
$89,200 for a single person is recommended.
What does A.I. say about Long Beach?
The cost of living in 90808 Long Beach, CA is quite high. According to the Council for Community and Economic Research, the cost of living index for this area is 143.1, which is much higher than the national average of 100. Housing expenses are particularly high, with median home values in the neighborhood at over $600,000. Grocery and transportation costs are also above the national average, with an overall cost of living index that is 43.1% higher than other parts of the country. Despite these costs, many people find Long Beach appealing due to its close proximity to Los Angeles and beautiful coastline.