Housing costs in Oakland?
A typical home costs
$619,900, which is 83.3% more expensive than the national average of
$338,100 and 15.5% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Oakland costs
$2,070 per month, which is 3.7% cheaper than the national average of
$2,150 and 31.4% cheaper than the state average of
$2,720.
Can I afford Oakland?
To live comfortably in Oakland (zip 94601), California, a minimum annual income of
$118,800 for a family, and
$67,600 for a single person is recommended.
What does A.I. say about Oakland?
Living in Oakland, CA is more expensive than the national average. The median value of a house in 94601 Oakland, CA is $619900 compared to the US average House Value of $338,100. Additionally, the cost of living index in 94601 Oakland, CA is 157.7 compared to the US average of 100. This means that living in 94601 Oakland, CA is 57.7% more expensive than the rest of the country. As such, it is important for potential homebuyers and renters to consider their budget when looking for housing options within this area.