
Housing costs in Palos Verdes Estates?
A typical home costs
$2,420,200, which is 615.8% more expensive than the national average of
$338,100 and 230.0% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Palos Verdes Estates costs
$3,280 per month, which is 52.6% more than the national average of
$2,150 and 29.9% more than the state average of
$2,300.
Can I afford Palos Verdes Estates?
To live comfortably in Palos Verdes Estates (zip 90274), California, a minimum annual income of
$463,680 for a family, and
$103,200 for a single person is recommended.
What does A.I. say about Palos Verdes Estates?
The cost of living in 90274 Palos Verdes Estates, CA is very high compared to the national average. It has been ranked as one of the most expensive zip codes in the country. The median home value here is upwards of $2 million, and rental prices are similarly steep. With such an affluent population, there are plenty of high-end restaurants and shops in the area that cater to residents and visitors alike. Groceries and other necessities also come at a premium due to their proximity to the coast. Although it may be expensive, many people find that the quality of life in this zip code makes up for its high cost.