GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.

These brands compensate us to advertise their products in ads across our site.

This compensation may impact how and where products appear on this site.

Mobile home park, age-restricted (55+) community in small beach town in California.

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.

you’re free to read more about oureditorial guidelinesand our products and servicesreview methodology.

Theaverage California houseis valued at $786,938 perZillow,up 7.2% from a year ago.

facebook sharing button

In addition to skyrocketing home prices, there are other costs to consider.

Property taxes in California rest at a median of $4,279 a year, according toCNBC.

Homeowners insurance is another must-have expense that is pricey.

twitter sharing button

AsPolicy Geniusoutlined, California residents can expect to pay roughly $1,383 annually, or $115 a month.

And that astounding figure doesnt include utilities.

Finding affordable housing is challenging in California.

linkedin sharing button

Fortunately, affordable options exist for those who dream of making the Golden State their home.

Its six miles from Wofford Heights, and its also cost-effective.

you might find a mobile home from $55,000 to $90,000, according toLandWatch.

email sharing button

This community-focused area offers a range of affordable housing options, making it an ideal place to call home.

More From GOBankingRates

Share This Article:

The Latest inInvesting