Housing costs in Paramount?
A typical home costs
$561,100, which is 66.0% more expensive than the national average of
$338,100 and 23.5% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Paramount costs
$2,020 per month, which is 6.0% cheaper than the national average of
$2,150 and 13.9% cheaper than the state average of
$2,300.
Can I afford Paramount?
To live comfortably in Paramount (zip 90723), California, a minimum annual income of
$107,640 for a family, and
$63,600 for a single person is recommended.
What does A.I. say about Paramount?
The cost of living in 90723 Paramount, CA is relatively high compared to other parts of the state. The median home price in Paramount is $402,800, which is significantly higher than the California median of $552,500. In addition, the average rental rate for a one-bedroom apartment is $1,178 per month, while the average monthly utility bill is around $150. The unemployment rate in Paramount is also slightly higher than the national average at 8%, which can further drive up costs. Overall, Paramount residents should expect to pay more than many other cities and towns throughout California for day-to-day living expenses.