Housing costs in Redondo Beach?
A typical home costs
$1,304,500, which is 285.8% more expensive than the national average of
$338,100 and 77.8% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Redondo Beach costs
$2,870 per month, which is 33.5% more than the national average of
$2,150 and 19.9% more than the state average of
$2,300.
Can I afford Redondo Beach?
To live comfortably in Redondo Beach (zip 90278), California, a minimum annual income of
$249,840 for a family, and
$90,400 for a single person is recommended.
What does A.I. say about Redondo Beach?
The cost of living in 90278 Redondo Beach, CA is on the higher side. The median home price is around $850,000 and the median rent is around $2,900 per month. This rate puts living in 90278 Redondo Beach, CA at around 35% higher than the national average. As such, it is important to factor in all costs associated with living in this area when budgeting for a move or vacation. Additionally, transportation costs are also high due to the area being highly dependent on gas cars and public transportation. Overall, while living here can be quite expensive compared to other areas, it does come with its own set of benefits that include access to world-class beaches and amenities.