Housing costs in Wallace?
A typical home costs
$554,500, which is 64.0% more expensive than the national average of
$338,100 and 24.4% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Wallace costs
$1,650 per month, which is 15.4% more than the national average of
$1,430 and 30.3% cheaper than the state average of
$2,150.
Can I afford Wallace?
To live comfortably in Wallace (zip 95254), California, a minimum annual income of
$106,200 for a family, and
$52,800 for a single person is recommended.
What does A.I. say about Wallace?
The cost of living in 95254 Wallace, CA is higher than the national average. The median home value is $753,400, which is above the state and national averages. Renting a one-bedroom apartment will run you around $2,000 per month. Utilities are also quite high, with an average monthly bill of about $150 for electricity and gas combined. Grocery prices tend to be a bit higher than other parts of California due to the area's remote location. However, residents benefit from lower property taxes compared to other parts of the state, as well as from income tax incentives for those who live and work in Wallace.