Housing costs in Moreno Valley?
A typical home costs
$541,100, which is 60.0% more expensive than the national average of
$338,100 and 26.2% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Moreno Valley costs
$2,290 per month, which is 6.5% more than the national average of
$2,150 and 23.6% more than the state average of
$1,750.
Can I afford Moreno Valley?
To live comfortably in Moreno Valley (zip 92555), California, a minimum annual income of
$103,680 for a family, and
$73,200 for a single person is recommended.
What does A.I. say about Moreno Valley?
The cost of living in 92555 Moreno Valley, CA is relatively affordable compared to other cities in California. According to BestPlaces, the median rent for a one-bedroom apartment in Moreno Valley is $814 per month, which is significantly lower than the average rent for a one-bedroom apartment in California, which stands at around $1900 a month. Moreover, the overall cost of living index in Moreno Valley is 17% lower than the US average and 8% lower than the California average. This means that although prices of goods and services may be slightly higher in Moreno Valley than elsewhere, they are still generally quite reasonable when compared to other cities and regions in California.