Housing costs in Redwood City?
A typical home costs
$1,636,300, which is 384.0% more expensive than the national average of
$338,100 and 123.1% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Redwood City costs
$3,460 per month, which is 60.9% more than the national average of
$2,150 and 21.4% more than the state average of
$2,720.
Can I afford Redwood City?
To live comfortably in Redwood City (zip 94061), California, a minimum annual income of
$313,560 for a family, and
$116,000 for a single person is recommended.
What does A.I. say about Redwood City?
Redwood City, CA is an expensive place to live; the cost of living in 94061 is 60% higher than the national average. Housing costs are among the highest in the nation, with an average home price of over $1 million. The median rent for a one-bedroom apartment is about $2,800 per month. Groceries and utilities costs are also high compared to other parts of the country. Other expenses such as transportation and entertainment can add up quickly in this area. Despite these high costs, Redwood City offers a variety of amenities that make it a great place to live; its close proximity to San Francisco provides access to many cultural experiences while its wide range of outdoor activities allows residents to enjoy nature without having to travel too far away from home.