Housing costs in Palmdale?
A typical home costs
$456,600, which is 35.0% more expensive than the national average of
$338,100 and 37.8% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Palmdale costs
$2,540 per month, which is 18.1% more than the national average of
$2,150 and 9.4% more than the state average of
$2,300.
Can I afford Palmdale?
To live comfortably in Palmdale (zip 93552), California, a minimum annual income of
$87,480 for a family, and
$80,000 for a single person is recommended.
What does A.I. say about Palmdale?
The cost of living in 93552 Palmdale, CA is 130.5, which is significantly higher than the US average Cost of Living of 100. This cost is reflective of the median house value in the area, which is $456,600 – nearly $120,000 more than the US average median house value. This higher median home value indicates that there are likely to be higher costs associated with owning a home in this area as well. The cost of living in 93552 Palmdale, CA could mean that people looking to buy a home here should be prepared to pay more than they would elsewhere, but also benefit from being close to many amenities and services that come with an increased cost of living.