One of the first questions I get when talking to people who are moving to Orange County is: What is the cost of living in Newport Beach California VS Foothill Ranch?
Are you wondering what it’s like to live by the coast in Orange County versus living inland? There’s a big difference. Hi, this is Shell Pavlis with Metro Estates. Thanks for joining me on my series, See OC, on liveplayorangecounty.com. This channel is about everything Orange County. So if you’re interested in that, make sure you subscribe above. On this episode of See OC, we’re going to look at the difference between living on the coast in Orange County and living inland, and there’s a huge difference. So come on, check it out.
If you’re thinking about living on the coast, I’m going to be honest with you, there’s just a ton more to do. There’s more restaurants, unique ones close by, and all kinds of activities, and it’s much easier to get to all the different places on the coast too. Now, if you’re going inland and you’re interested in living inland, I’m going to be honest, it tends to slow down quite a bit.
Now, don’t get me wrong, living inland is by no means boring, but it obviously is just a little bit slower. It makes sense, right? Things are a little bit further away that are more unique to do, and then in your close neighborhood there’s going to be less to do. But some of the really super unique things to do inland are things like the mountain bike trails or the trails for walking, they’re huge here. The coast is really where you’re going to get people who want a little more of the nightlife, want a wider variety of things to do. Inland are going to be people who maybe want it a little bit quieter and a little bit more space.
Okay, so the next thing we’re going to look at is work and your commute time. Obviously if you work, where you work is going to be important in relation to where you decide you want to live. One of the things you might want to consider, no matter whether you choose the coast or inland, is the vicinity of the highway because you’d be surprised if you’re not close to the freeway how much more that can add to your commute time.
Now that we’ve looked at the lifestyle between the coast and inland in Orange County, and we’ve looked at the commute time and being close to the freeway, let’s look at the most important thing, how much is it going to cost for where you want to live for both the coast and inland. Let’s look at an example. In Foothill Ranch, a 2000 sq ft home is $775,000. In Newport Beach, that same 2000 sq ft is going to cost you $2.8 million. Okay, so just to clarify, the taxes in Newport beach are actually a little bit less than Foothill Ranch dollar for dollars spent. Who would figure?
For those of you who aren’t quite ready to buy yet, let’s look at the rents in both locations too, so you compare those. The rent in Foothill Ranch runs from about 1,700 a month to 3,800 and then the rents in Newport Beach are quite a bit higher. They’re going to run from about 2,400 a month to anywhere upwards of $17,000 a month, which will get you a fully-furnished place directly on the beach. And yes, that comes with a view too, at least it better.
My main piece of advice for somebody who isn’t sure whether you want coast or inland is look at your budget and your lifestyle and try to find what works a little bit for both. I can absolutely provide you with additional information that’ll help you make your decision based on what your goals are, your specific circumstances, where you’re working, what you like to do, and what your budget is. Send me a text, send me a paper airplane, send me an email, just contact me anyway and I’ll get you whatever information you need to help you make your decision.
Thanks so much for watching. This is Shell Pavlis with Metro Estate. Subscribe above, especially if you like content like this, about beautiful Orange County and living and playing here.