Housing costs in Universal City?
A typical home costs
$898,000, which is 165.6% more expensive than the national average of
$338,100 and 22.4% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Universal City costs
$3,000 per month, which is 39.5% more than the national average of
$2,150 and 23.3% more than the state average of
$2,300.
Can I afford Universal City?
To live comfortably in Universal City (zip 91608), California, a minimum annual income of
$172,080 for a family, and
$94,400 for a single person is recommended.
What does A.I. say about Universal City?
The cost of living in 91608 Universal City, CA is relatively high. According to the most recent data from the BestPlaces Bureau, the median household income for this area is $68,539 and the median home value is $874,800. This area is considered more expensive than Los Angeles County overall, with a higher cost of living index than the national average. Those looking to purchase a home in this area will need to factor in additional costs such as property taxes and homeowner’s insurance when budgeting for their purchase. Additionally, day-to-day expenses tend to be higher due to the proximity to amenities like restaurants and entertainment venues. All in all, 91608 Universal City can be an expensive place to live but offers great opportunity and amenities for those who are willing and able to pay for them.