Housing costs in Newport Beach?
A typical home costs
$3,835,200, which is 1,034.3% more expensive than the national average of
$338,100 and 422.9% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Newport Beach costs
$3,470 per month, which is 61.4% more than the national average of
$2,150 and 33.7% more than the state average of
$2,300.
Can I afford Newport Beach?
To live comfortably in Newport Beach (zip 92657), California, a minimum annual income of
$734,760 for a family, and
$115,600 for a single person is recommended.
What does A.I. say about Newport Beach?
The cost of living in 92657 Newport Beach, California is 440.3, which is far higher than the US average cost of living of 100. This high cost of living is reflective of the median house value in the area, which stands at $3.8352e+006 - almost 11 times higher than the US average house value of $338,100. While there are many benefits to living in Newport Beach, the significant difference in house values and cost of living should be taken into account when considering a move to this area.