Housing costs in Monrovia?
A typical home costs
$927,700, which is 174.4% more expensive than the national average of
$338,100 and 26.5% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Monrovia costs
$2,300 per month, which is 7.0% more than the national average of
$2,150 and close to the state average of
$2,300.
Can I afford Monrovia?
To live comfortably in Monrovia (zip 91016), California, a minimum annual income of
$177,840 for a family, and
$72,400 for a single person is recommended.
What does A.I. say about Monrovia?
The cost of living in 91016 Monrovia, CA is quite high compared to other areas of the state. The median home value is $614,000 and the median rent price is $2,457 per month. This makes it one of the most expensive places to live in California. Despite the higher costs, residents enjoy a much lower crime rate than the national average and access to family-friendly activities like the Santa Anita Park race track and an abundance of shopping centers. The city also has good public transportation options making it easy to get around. Overall, living in 91016 Monrovia does come with a higher cost but comes with many amenities that make it worth it.