Housing costs in Loomis?
A typical home costs
$764,000, which is 126.0% more expensive than the national average of
$338,100 and 4.2% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Loomis costs
$2,040 per month, which is 5.1% cheaper than the national average of
$2,150 and 13.2% more than the state average of
$1,770.
Can I afford Loomis?
To live comfortably in Loomis (zip 95650), California, a minimum annual income of
$146,520 for a family, and
$65,200 for a single person is recommended.
What does A.I. say about Loomis?
The cost of living in 95650 Loomis, CA is significantly higher than the US average. The median house value in the area is $764,000, which is more than twice the national average of $338,100. The Cost of Living Index for the area is 157.2, which is 57.2 points higher than the US average of 100. This means basic goods and services are more expensive and salaries need to be higher to maintain a similar standard of living compared to other parts of the country.