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[79] [80] [81] In the rental market, California now has the lowest vacancy rate the state has ever seen, at 3.6%; [82] and while the median rent throughout the state for a two-bedroom apartment is $2,400, the median rent in coastal urban areas is even higher, surpassing $4,000 per month in San Francisco. [83]: 1
Moreno Valley. Household median income: $82,637 Total annual cost of living: $50,248 Overall average rent: $1,897 1-bedroom average rent: $1,568 2-bedroom average rent: $1,784 Methodology: For ...
That’s because prices for groceries are up 1.2% year over year, while the price of food consumed at restaurants is up 5.1%. It’s another reminder of the sting inflation is having on Americans ...
Overall, the cost to dine out jumped 4% year over year nationwide last month alone. In California, menu prices at fast food restaurants rose 10.12% between September and April, with the largest ...
In 2018, the median rental rate in Silicon Valley was $2,911, the highest of any major metropolitan region in the United States. [3] At $3.20 per square foot, the San Jose metro area has the second highest rental rate per square foot in the United States, behind San Francisco at $3.42. [3]
California is the most expensive state to rent in, in the United States. [11] California has had a housing shortage since 1970 and ranks 49th among 50 states for housing units per capita. [12] The problem has worsened following the Great Recession as housing development fell to 40,000 units in 2009 and has not reached pre-recession levels. [13]
California restaurant owner claims the state's fast food wage hike will cost him $470,000 — warns prices could go up 'immediately' as a result. ... the state's fast food wage hike will cost him ...
The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...