Housing costs in Midway City?
A typical home costs
$828,000, which is 144.9% more expensive than the national average of
$338,100 and 12.9% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Midway City costs
$2,060 per month, which is 4.2% cheaper than the national average of
$2,150 and 11.7% cheaper than the state average of
$2,300.
Can I afford Midway City?
To live comfortably in Midway City (zip 92655), California, a minimum annual income of
$158,760 for a family, and
$68,800 for a single person is recommended.
What does A.I. say about Midway City?
The cost of living in 92655 Midway City, CA is relatively high compared to the national average. According to Sperling's Best Places, the cost of living index is 131.7, which is higher than the U.S. average of 100. This higher index indicates that it is more expensive to live in Midway City than most other places in the country. Housing costs are particularly high; the median home price is $755,000 and rental rates for a two-bedroom apartment average about $2,500 per month making it difficult for many people to find affordable housing. On the other hand, groceries and utilities tend to be slightly lower than the national average, offering some relief from the otherwise high costs associated with living in Midway City.