Housing costs in Norwalk?
A typical home costs
$663,300, which is 96.2% more expensive than the national average of
$338,100 and 9.6% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Norwalk costs
$2,130 per month, which is 0.9% cheaper than the national average of
$2,150 and 8.0% cheaper than the state average of
$2,300.
Can I afford Norwalk?
To live comfortably in Norwalk (zip 90650), California, a minimum annual income of
$127,080 for a family, and
$67,200 for a single person is recommended.
What does A.I. say about Norwalk?
The cost of living in 90650 Norwalk, CA is quite high. The median home value is around $500,000 and the median monthly rent is around $2,200. Groceries, utilities, and transportation costs are all generally higher than the national average. However, the area has a variety of restaurants and shopping available at reasonable prices. Additionally, businesses benefit from California's tax incentives and low corporate income taxes to help offset some of the higher costs.