Housing costs in Ferndale?
A typical home costs
$486,200, which is 43.8% more expensive than the national average of
$338,100 and 33.7% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Ferndale costs
$1,390 per month, which is 2.8% cheaper than the national average of
$1,430 and 54.7% cheaper than the state average of
$2,150.
Can I afford Ferndale?
To live comfortably in Ferndale, California, a minimum annual income of
$93,240 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Ferndale?
Ferndale, CA is known for its high cost of living. Despite the fact that it is a small town, housing prices are quite expensive. The median home value in Ferndale is $453,100 which is significantly higher than the national average of $184,700. In addition to higher housing costs, the overall cost of goods and services in Ferndale are also more expensive than most other towns. On average, groceries and health care expenses tend to be about 20% higher than the national average. Although this can make living in Ferndale somewhat challenging on a budget, people who live here understand that it's worth it for the incredible scenery and small-town charm that make it unique.