Housing costs in San Mateo?
A typical home costs
$1,577,500, which is 366.6% more expensive than the national average of
$338,100 and 115.1% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in San Mateo costs
$4,070 per month, which is 89.3% more than the national average of
$2,150 and 33.2% more than the state average of
$2,720.
Can I afford San Mateo?
To live comfortably in San Mateo (zip 94403), California, a minimum annual income of
$302,400 for a family, and
$136,400 for a single person is recommended.
What does A.I. say about San Mateo?
The cost of living in 94403 San Mateo, CA is 266.1, which is significantly higher than the US average Cost of Living of 100. This figure indicates that the cost of basic goods and services in the area is much higher than the national average. The median house value in this area is also notably higher at $1.5775e+006 compared to the US average House Value of $338,100. This suggests that San Mateo is an expensive place to live but that it also provides excellent quality of life and housing options for those who are able to afford it.