Housing costs in San Mateo?
A typical home costs
$2,149,300, which is 535.7% more expensive than the national average of
$338,100 and 193.0% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in San Mateo costs
$3,530 per month, which is 64.2% more than the national average of
$2,150 and 22.9% more than the state average of
$2,720.
Can I afford San Mateo?
To live comfortably in San Mateo (zip 94402), California, a minimum annual income of
$411,840 for a family, and
$118,000 for a single person is recommended.
What does A.I. say about San Mateo?
The cost of living in 94402 San Mateo, CA is significantly higher than the national average. The median home price in this area is around $1.5 million dollars, which is significantly higher than the median across the United States. Additionally, prices for goods and services are considerably higher as well. For example, a meal at an inexpensive restaurant will cost around $15, whereas the same type of meal would cost significantly less elsewhere in the country. Despite these high costs, many people choose to live in 94402 San Mateo because of its proximity to Silicon Valley and its access to excellent schools and amenities.