Housing costs in Irvine?
A typical home costs
$671,700, which is 98.7% more expensive than the national average of
$338,100 and 8.4% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Irvine costs
$2,100 per month, which is 2.3% cheaper than the national average of
$2,150 and 9.5% cheaper than the state average of
$2,300.
Can I afford Irvine?
To live comfortably in Irvine (zip 92617), California, a minimum annual income of
$128,880 for a family, and
$70,000 for a single person is recommended.
What does A.I. say about Irvine?
The cost of living in 92617 Irvine, CA is quite high due to its proximity to Los Angeles, the state's largest metropolitan area. The median home price in the area is $1.2 million, with rental prices averaging around $2,100 per month for a one bedroom apartment. However, this cost of living is offset by relatively lower taxes and income taxes than other parts of California as well as other states across the US. Additionally, the availability of public transportation and low crime rate add to the appeal of living in 92617 Irvine, CA despite its high cost of living.