Housing costs in Moreno Valley?
A typical home costs
$520,200, which is 53.9% more expensive than the national average of
$338,100 and 29.1% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Moreno Valley costs
$1,910 per month, which is 11.2% cheaper than the national average of
$2,150 and 8.4% more than the state average of
$1,750.
Can I afford Moreno Valley?
To live comfortably in Moreno Valley (zip 92557), California, a minimum annual income of
$99,720 for a family, and
$60,800 for a single person is recommended.
What does A.I. say about Moreno Valley?
The cost of living in 92557 Moreno Valley, CA is generally considered to be lower than other areas of California. The median home price in Moreno Valley is $346,800, which is significantly lower than the statewide median home price of $548,400. In addition to that, the average rent for a two bedroom apartment is just $1,454 per month. This low cost of housing helps keep the overall cost of living relatively low in the area. Additionally, groceries and utilities are also reasonably priced with an index of 95 and 94 respectively when compared to the national average.