Housing costs in Rancho Santa Margarita?
A typical home costs
$850,000, which is 151.4% more expensive than the national average of
$338,100 and 15.9% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Rancho Santa Margarita costs
$3,070 per month, which is 42.8% more than the national average of
$2,150 and 25.1% more than the state average of
$2,300.
Can I afford Rancho Santa Margarita?
To live comfortably in Rancho Santa Margarita (zip 92688), California, a minimum annual income of
$162,720 for a family, and
$102,400 for a single person is recommended.
What does A.I. say about Rancho Santa Margarita?
The cost of living in 92688 Rancho Santa Margarita, CA is slightly higher than the national average. According to BestPlaces, the overall cost of living index in Rancho Santa Margarita is 119.81, which is 19.81% higher than the US average. Housing costs are particularly high compared to other states, with an index of 185.62, which is 85.62% higher than the US average. Groceries also have a higher index rating than the national average, at 107.68, and restaurants have an index rating of 122.67. Transportation costs are slightly lower than the US average at 92.14, however utilities come in at 125.37, 25.37% higher than the national average.