salaryRent is higher than in 65% of U.S. cities. A typical house costs about 6.0 years of household income, so buying is hard for most locals.
How much money do I need?
To rent here comfortably, you should earn about $76,920 a year. That is $37 an hour at a full-time job.
Is rent cheaper than other California cities?
Yes. Rent here is cheaper than in most of California. It is number 195 of 653 cities from cheapest to most expensive.
How much do households earn in South Monrovia Island?
Share of households by yearly income. 38.7% of households earn $100,000 or more.
Rent by apartment size in South Monrovia Island
| Size | South Monrovia Island | U.S. average |
|---|---|---|
| 2 bedrooms | $1,763 | $1,509 |
| 3 bedrooms | $2,942 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is South Monrovia Island overall?
Everyday prices in California overall are 11% above the U.S. average (index 110.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for South Monrovia Island, so the California figure is shown.
Taxes and bills in South Monrovia Island
Life in South Monrovia Island
Is it cheaper to rent or buy in South Monrovia Island?
Renting is cheaper right now: about $2,802 a month less.
Owning assumes a typical $680,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $68,090 for the down payment.
Frequently asked questions
What is the average rent in South Monrovia Island, CA?
Renting in South Monrovia Island costs a median of about $1,923 a month in 2026, including utilities. The California median is $2,357.
How much do I need to make to live in South Monrovia Island?
To keep rent under 30% of income, you need about $76,920 a year, or $37 an hour at a full-time job.
Is South Monrovia Island cheap or expensive?
South Monrovia Island is rated OK: rent takes 20.5% of the typical household income of $112,643. It ranks 195th cheapest of 653 California cities we track.
How much are property taxes in South Monrovia Island?
The median homeowner in South Monrovia Island pays $3,947 a year in property taxes, about 0.58% of the median home value.
Is South Monrovia Island more expensive than the national average?
Overall prices in California are 11% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in South Monrovia Island?
The median home value in South Monrovia Island is $680,900, about 6.0 times the typical yearly household income.
6,830 people live in South Monrovia Island. Numbers are typical (middle) values.