Housing costs in Monte Sereno?
A typical home costs
$3,763,300, which is 1,013.1% more expensive than the national average of
$338,100 and 413.1% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Monte Sereno costs
$3,040 per month, which is 112.6% more than the national average of
$1,430 and 29.3% more than the state average of
$2,150.
Can I afford Monte Sereno?
To live comfortably in Monte Sereno, California, a minimum annual income of
$721,080 for a family, and
$103,600 for a single person is recommended.
What does A.I. say about Monte Sereno?
The cost of living in Monte Sereno, CA is in line with the rest of the Silicon Valley area. Housing prices are relatively high due to the desirable location and proximity to major tech hubs. The median home value in Monte Sereno is currently $2,791,238, which is significantly higher than the national average. Despite this, many people find it worth it for the great neighborhoods and quality of life that Monte Sereno offers. Other costs such as groceries, utilities and transportation are also fairly expensive compared to other parts of the country but not out of line with other affluent areas in California.