Housing costs in Santa Barbara?
A typical home costs
$1,401,000, which is 314.4% more expensive than the national average of
$338,100 and 91.0% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Santa Barbara costs
$3,150 per month, which is 46.5% more than the national average of
$2,150 and 15.2% more than the state average of
$2,670.
Can I afford Santa Barbara?
To live comfortably in Santa Barbara (zip 93103), California, a minimum annual income of
$268,560 for a family, and
$111,200 for a single person is recommended.
What does A.I. say about Santa Barbara?
The cost of living in 93103 Santa Barbara, CA is generally high. The city’s median household income is around $81,000, but the median home value is over $700,000. This means that housing costs can be quite expensive for those not used to such higher prices. Groceries and utilities are about average for the area, but transportation costs can be higher due to the city's location on the coast and its dependence on local public transportation. As a result, living in Santa Barbara can be costly if you're not prepared to pay for it.