Housing costs in Newport Beach?
A typical home costs
$3,470,300, which is 926.4% more expensive than the national average of
$338,100 and 373.1% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Newport Beach costs
$2,860 per month, which is 33.0% more than the national average of
$2,150 and 19.6% more than the state average of
$2,300.
Can I afford Newport Beach?
To live comfortably in Newport Beach (zip 92661), California, a minimum annual income of
$664,920 for a family, and
$95,200 for a single person is recommended.
What does A.I. say about Newport Beach?
The cost of living in 92661 Newport Beach, CA is 443.2, which is significantly higher than the US average Cost of Living of 100. This means that living in this area is more expensive than the national average. Additionally, the median value of a house in 92661 Newport Beach is $3.4703e+006, far above the national average of $338,100. The combination of high living costs and house values demonstrate why many people choose to live in this area despite the significant expense associated with it.