Housing costs in Oakland?
A typical home costs
$988,400, which is 192.3% more expensive than the national average of
$338,100 and 34.8% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Oakland costs
$2,450 per month, which is 14.0% more than the national average of
$2,150 and 11.0% cheaper than the state average of
$2,720.
Can I afford Oakland?
To live comfortably in Oakland (zip 94609), California, a minimum annual income of
$189,360 for a family, and
$80,000 for a single person is recommended.
What does A.I. say about Oakland?
Oakland, CA has a high cost of living relative to other places in the US. The median value of a house in Oakland is $988,400, more than three times the national average of $338,100. Similarly, the cost of living is 218.3, over double the national average. This means that life in Oakland is generally more expensive than elsewhere in the US and it takes a higher income to maintain a comparable lifestyle.