Housing costs in Redding?
A typical home costs
$358,900, which is 6.2% more expensive than the national average of
$338,100 and 51.1% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Redding costs
$1,340 per month, which is 37.7% cheaper than the national average of
$2,150 and close to the state average of
$1,340.
Can I afford Redding?
To live comfortably in Redding (zip 96001), California, a minimum annual income of
$68,760 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Redding?
The cost of living in 96001 Redding, CA is relatively affordable compared to the rest of the state and nation. On average, a person's monthly expenses such as rent, groceries, and utilities are lower than in other major cities in California. The median home price for the area is around $323,000 which is more than $100,000 less than the median price across all of California. Additionally, property taxes are among the lowest in the state at an average rate of 0.77%. All these factors make Redding an attractive place to live and work for those looking for an affordable place to call home.