Housing costs in Elk Grove?
A typical home costs
$583,800, which is 72.7% more expensive than the national average of
$338,100 and 20.4% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Elk Grove costs
$2,080 per month, which is 3.3% cheaper than the national average of
$2,150 and 14.9% more than the state average of
$1,770.
Can I afford Elk Grove?
To live comfortably in Elk Grove (zip 95624), California, a minimum annual income of
$111,960 for a family, and
$66,400 for a single person is recommended.
What does A.I. say about Elk Grove?
The cost of living in 95624 Elk Grove, CA is relatively high compared to many other areas in the United States. According to the most recent estimates, the overall cost of living index for this zip code is approximately 123, which is significantly higher than the national average of 100. Housing costs are particularly expensive here, with a median home price that hovers around $420,000. Additionally, groceries, healthcare expenses and transportation all come at a slightly higher rate when compared to other parts of the country. Despite these facts, it's still possible to find good deals on apartments and homes if you know where to look and how to negotiate prices.