Are you considering a move to California but worried about the high cost of living? Look no further than this article, where we will explore the most expensive cities to live in California and what makes them so costly.

From Los Altos to Manhattan Beach, we’ll take a closer look at each city’s average home prices, median household income, and other essential data to help you make an informed decision.
California is notorious for its high cost of living, and it’s no surprise that some of its cities are among the most expensive in the country. But why exactly are these cities so pricey? We’ll delve into factors like location, job opportunities, and amenities that contribute to their high costs.
And don’t worry – we won’t just focus on the negatives. We’ll also highlight some of the benefits of living in these expensive cities, as well as tips for saving money if you do decide to make one your home.
So let’s dive in and explore the most expensive cities to live in California!
Los Altos
If you’re looking for a charming and quaint village atmosphere, then you’ll love Los Altos with its unique cafes, boutiques, and family-friendly events.
Located in Santa Clara County, California, this city is known for being one of the most expensive places to live in the state. The population was 31,625 according to the 2020 census. Despite the high cost of living, Los Altos offers a lot of amenities that make it worth considering.
Los Altos Hills is another nearby city that is even more exclusive and expensive than Los Altos. It’s known for having large estates with luxurious homes tucked away among rolling hills covered with oak trees.
While both cities are pricey places to live, they offer access to some of California’s top-notch amenities such as excellent schools and job opportunities within Silicon Valley.
Los Altos Hills
You’re currently reading about Los Altos Hills, one of the premier residential communities in Silicon Valley known for its affluence, luxury real estate, and highly rated public schools. The town’s rural feel and location near neighboring Woodside and Portola Valley make it a desirable place to live for those seeking a peaceful yet luxurious lifestyle.
Los Altos Hills has a total area of 8.8 square miles, all of which is land, and maintains a population of over 8,000 people as of the latest census.
Here are some interesting facts about Los Altos Hills that you may find intriguing:
- The town is recognized for its Pathway System that includes more than 90 miles of trails for walking, hiking or horseback riding.
- Both the Altamont and Monta Vista Faults pass through the town, making it prone to earthquakes.
- Los Altos Hills has 18 luxury homes for sale right now if you’re in the market for high-end real estate.
Now let’s move on to San Francisco and learn more about why it ranks as California’s most expensive city to live in.
San Francisco
Get ready to explore San Francisco, a city that captures the hearts of many with its breathtaking views, colorful architecture, and vibrant culture. However, be prepared to pay a pretty penny for the privilege of living in this world-renowned destination.
San Francisco tops the list as the most expensive place to live in California with a cost of living at 169.3% above the U.S average. The median home price is around $1.4 million, and rent for a one-bedroom apartment can easily exceed $3,500 per month.
But don’t let the high cost deter you from exploring all that San Francisco has to offer. From Alcatraz Island to Golden Gate Park, there’s no shortage of iconic attractions that make living in this city worth it. Plus, with numerous job opportunities available in industries ranging from tech to finance and tourism, you’re sure to find your niche here.
As we move on to Santa Monica in our exploration of California’s most expensive cities, remember that while high costs may seem daunting at first glance, these cities offer unparalleled access to world-class amenities and opportunities you won’t find anywhere else!
Santa Monica
Oh, you’re exploring Santa Monica now? Hope you’ve got your wallet ready because this beachfront city is known for its sky-high real estate prices and average rent for one-bedroom apartments around $3,740 per month. But don’t worry, there are still plenty of reasons to consider living in Santa Monica despite the high cost of living. Here are some benefits to keep in mind:
- Access to beautiful beaches: Santa Monica boasts several miles of picturesque coastline, complete with a historic pier and amusement park.
- Thriving arts scene: From the famous Third Street Promenade to the Bergamot Station Arts Center, there’s always something creative happening in Santa Monica.
- Diverse dining options: Whether you’re in the mood for seafood by the ocean or international cuisine on Main Street, Santa Monica has plenty of top-notch restaurants to choose from.
- Excellent public transportation: With multiple bus routes and light rail connections nearby, getting around town without a car is easy.
So why not take advantage of all that this vibrant city has to offer? And if you’re looking for even more luxury and exclusivity, just wait until we head over to Beverly Hills next…
Beverly Hills
Let’s take a stroll down the glamorous streets of Beverly Hills, known for its luxurious homes and high-end shopping destinations.
With a median home value of $3,902,939 and an average rent price of $2,675 per month, it’s no surprise that this city tops the list as one of the most expensive places to live in California. But what sets Beverly Hills apart from other pricey cities is its reputation as a hub for Hollywood’s elite.
This exclusive neighborhood boasts upscale restaurants and designer boutiques along Rodeo Drive, attracting visitors from all over the world. Despite the high cost of living, residents enjoy access to top-notch amenities and exceptional schools.
As we move on to explore Palo Alto next, keep in mind that living in Beverly Hills may come with a hefty price tag but offers unparalleled luxury and prestige.
Palo Alto
Now, you’re in Palo Alto, located in the heart of Silicon Valley and boasting a cost of living 256% higher than the US average. This city is known for being one of the most expensive places to live in California with a median home price of $3.5 million.
However, there are many benefits to living here which attract people from all over the world. Here are some reasons why living in Palo Alto may be worth the high cost:
- Access to top-notch public schools and parks
- Proximity to prestigious companies like Google and Facebook
- A thriving entrepreneurial community with ample resources available for startups
- An abundance of cultural events and activities
With so much to offer, it’s no wonder that Palo Alto remains a popular destination despite its steep prices. And if you’re looking for more job opportunities or want to explore other areas nearby, San Jose is just a short drive away.
San Jose
If you’re looking for a city with ample job opportunities and access to top-notch public schools and parks, San Jose – just a short drive away from Palo Alto – may be worth considering.
As one of the most expensive cities in California, San Jose offers a high standard of living that comes at a cost. However, the numerous advantages make it an attractive location for those willing to pay the price.
San Jose is home to many prestigious companies like Google and Facebook, which provide various job opportunities for professionals eager to work on cutting-edge projects alongside innovative giants resources.
Additionally, residents have access to top-notch public schools like Lynbrook High School and Monta Vista High School as well as beautiful parks such as Alum Rock Park and Guadalupe River Park.
If you’re looking for similar amenities but with more entertainment options available right on your doorstep, keep reading about Oakland.
Oakland
You should definitely check out Oakland – it’s got various opportunities for work and entertainment, and it’s a desirable location for those who appreciate urban living with ample amenities available right on your doorstep. Despite its reputation as a gritty city, Oakland has undergone significant revitalization in recent years, making it an attractive destination for young professionals.
The downtown area is home to numerous restaurants, bars, and music venues, while Lake Merritt offers a picturesque respite from the hustle and bustle of city life.
Moving on to another expensive city in California, Santa Barbara is known for its beautiful beaches and high-end real estate. With a cost of living 66% higher than the national average, Santa Barbara is certainly not cheap – but many residents believe that the benefits outweigh the costs.
For one thing, the weather is nearly perfect year-round; with mild temperatures and plenty of sunshine, outdoor activities are always on offer. Additionally, Santa Barbara boasts some of the best schools in California – making it an ideal destination for families with children.
Santa Barbara
Moving on from Oakland, let’s talk about another coastal city known for its high-end real estate: Santa Barbara. If you’re looking to live in a beautiful beach town with a Mediterranean climate and plenty of luxurious amenities, Santa Barbara might be the perfect place for you.
Here are some key facts to consider:
- Santa Barbara is one of the most expensive cities in California, with a cost of living at 60% above the national average.
- The median home price in Santa Barbara is around $1.4 million, making it one of the priciest places to buy property in California.
- Despite the high cost of living, Santa Barbara boasts gorgeous beaches, top-rated schools, and an array of fine dining restaurants and upscale shops.
With its stunning ocean views and year-round temperate weather, it’s easy to see why Santa Barbara is such a desirable place to live. But if you’re looking for something slightly more affordable while still offering that same luxurious lifestyle, our next stop will take us to Burlingame.
Burlingame
As luck would have it, Burlingame is a small city near San Francisco with a strong reputation for being an upscale and desirable place to reside. The cost of living index in Burlingame is 379.0, which means that it’s significantly more expensive than the average US city.
The median home price in Burlingame is over $2 million, making it one of the most expensive places to live in California. But despite its high price tag, people are still eager to call Burlingame home. This could be due to the fact that it’s only a short drive away from San Francisco and all of its world-renowned attractions like Golden Gate Park and Fisherman’s Wharf.
Or maybe it’s because Burlingame offers access to some of the best schools in the state. Regardless of what draws you to this upscale neighborhood, one thing is certain: if you’re looking for luxury living near San Francisco, then Burlingame should definitely be on your radar as one of the top options available.
And now onto Manhattan Beach…
Manhattan Beach
Moving on from Burlingame, let’s take a look at another expensive city in California – Manhattan Beach. If you’re looking for a luxurious beachfront lifestyle, this city might be the perfect fit for you.
Here are some key facts about Manhattan Beach that make it one of the most expensive cities to live in California:
- Median household income is $170,000. This high income level allows residents to afford the high cost of living in the area.
- Beautiful beachfront location. Living near the ocean comes with a premium price tag, and Manhattan Beach is no exception.
- High-end real estate market. The median home value in Manhattan Beach is over $2 million, making it one of the priciest housing markets in California.
As you can see, living in Manhattan Beach requires a significant financial investment. However, if you’re willing to pay the price, there are many benefits to living in an expensive city like this.
Benefits of Living in Expensive Cities
Living in upscale locales may have its perks, including access to top-notch amenities, exceptional schools, and abundant job opportunities.
For instance, most of the most expensive cities in California are home to some of the best schools and universities in the country. The Santa Monica-Malibu Unified School District has some of the highest-rated public schools in California and is known for providing quality education at all levels.
In addition to excellent schools, these exclusive neighborhoods offer residents access to world-class recreational facilities like golf courses, swimming pools, tennis courts, and fitness centers.
Furthermore, living in an affluent area can provide you with ample job opportunities that pay higher salaries than those found elsewhere. The leading tech hubs like San Francisco and Silicon Valley are home to many innovative companies that offer a range of exciting job prospects across various industries like life sciences or telecommunications. These areas have plenty of networking events where you can meet people from different industries who share similar interests as yours.
What city in California has the highest cost of living? Let’s find out in the next section!
What city in California has the highest cost of living?
Let’s take a look at which California city will put the biggest strain on your wallet.
San Francisco is notorious for being the most expensive place to live in California, with a cost of living that is 169.3% above the U.S. average. In fact, San Francisco has the highest cost of living in the entire country.
Here are some factors contributing to its high cost of living:
- Limited housing options: San Francisco is known for having limited housing options, which drives up demand and prices.
- Skyrocketing real estate prices: The median home price in San Francisco is around $1.4 million, making it difficult for many people to afford to buy property.
- High transportation costs: With limited space and lots of traffic, transportation costs can be quite high in San Francisco.
With such a high cost of living, it’s important to consider whether or not you can afford to live comfortably in San Francisco before making any big decisions about moving there.
But if you’re determined to move to California and want more affordable options, let’s take a look at which part of California might be best suited for you next.
Which part of California is best to live in?
Now that you know which city in California has the highest cost of living, you might be wondering where to live instead.
Luckily, there are many great options throughout the state that offer a high quality of life without breaking the bank. One popular area is Sacramento, California’s capital city, which offers a reasonable cost of living and plenty of educational opportunities.
San Jose is another bustling city with a healthy job market and high quality of life. And if you’re looking for coastal living, San Diego and Santa Barbara both offer beautiful weather and thriving arts scenes.
Los Angeles also provides ample employment opportunities and access to entertainment venues. Whether you prefer big cities or small towns, Northern or Southern California, there’s sure to be an option that meets your needs.
How to save money in Expensive Cities?
If you’re looking to save some cash while living in a high-cost city, here’s how you can cut costs and still enjoy all the amenities it has to offer.
First, assess your lifestyle and determine what expenses are most important to you. By prioritizing your spending, you can make informed decisions about where to cut back. For example, if travel is a top priority for you, consider cutting back on dining out or buying new clothes instead.
Creating a budget is also crucial to saving money in an expensive city. It helps track your expenses and identify areas where you can cut back. Look for ways to reduce transportation costs by walking, biking, or using public transportation instead of owning a car.
Additionally, cooking at home instead of eating out can save significant amounts of money over time. With these tips in mind, it’s possible to enjoy all that an expensive city has to offer without breaking the bank.
Conclusion
Well, congratulations! You’ve just finished reading about the most expensive cities to live in California. Aren’t you thrilled?
I mean, who wouldn’t want to pay a fortune for their home and everyday expenses? It’s not like there are any other options, right?
All jokes aside, while living in these cities may come with a hefty price tag, they offer many benefits such as access to top-notch amenities and job opportunities.
However, if you’re looking to save some money, it might be worth considering other parts of California that still offer a great quality of life without breaking the bank.
Remember, at the end of the day, it’s all about finding what works best for you and your budget.
Dawson Kutch
About Dawson Kutch
Dawson Kutch is a born and raised Alaskan who loves the outdoors and everything it has to offer. Kutch has been an avid hunter and fisher his entire life, and takes great pride in providing for himself and his family. While he enjoys spending time in the great outdoors, Kutch also has a passion for fashion and loves to stay up-to-date on the latest trends. In his free time, Kutch enjoys spending time with his wife and one young daughter. He is always looking to learn more and better himself, both as a writer and as a person.
FAQs
Top 11 Most Expensive Cities To Live In California? ›
According to new data from the US Census Bureau, the most expensive cities in California are Los Angeles, Santa Barbara, San Diego, San Jose, Oakland, and San Francisco. These cities are known for their high cost of living, including pricey real estate, transportation, and other daily expenses.
What cities in California have the highest cost of living? ›According to new data from the US Census Bureau, the most expensive cities in California are Los Angeles, Santa Barbara, San Diego, San Jose, Oakland, and San Francisco. These cities are known for their high cost of living, including pricey real estate, transportation, and other daily expenses.
Where is the most expensive neighborhood in California? ›LOS ANGELES - Beverly Hills was just named the "most expensive" neighborhood in California and among the priciest in the United States. That's according to a recent study by CashNetUSA, which analyzed Zillow data to determine which U.S. neighborhoods carried the highest price tags.
Which are the 10 most expensive states to live in? ›- New Hampshire. State Cost of Living Index: 114.7. ...
- Connecticut. State Cost of Living Index: 115.4. ...
- Vermont. State Cost of Living Index: 116.4. ...
- Oregon. State Cost of Living Index: 122.2. ...
- Maryland. State Cost of Living Index: 124.1. ...
- Alaska. State Cost of Living Index: 125.5. ...
- New York. ...
- California.
San Francisco: Known for its high cost of living, San Francisco is the most expensive rental city in California. The average rent for a one-bedroom apartment was around $3,340 per month.
What is the wealthiest place in California? ›The richest city in California is Los Altos Hills. With a median income of $254,000 at the beginning of 2023, the town just edges out Woodside and Hillsborough. Los Altos Hills has been the wealthiest in California since 2019 (prior, it was in fourth place).
What city pays more in California? ›The highest minimum wage in the state is found in West Hollywood. The small SoCal city known for its competitive wages now pays workers $18.86 per hour. San Francisco's wage ranks third in California, below Mountain View and above 13 Bay Area cities following close behind.
What is the richest suburb in California? ›#1 Cameo Shores-Cameo Highlands, Newport Beach, Orange County (OC Homes) 8th richest neighborhood in the U.S.
What is the richest suburb in LA? ›1. Bel-Air. The richest neighborhood in Los Angeles is Bel-Air. Making its claim to fame on the popular series The Fresh Prince of Bel Air, this neighborhood is located directly across from Sunset Boulevard and is considered one of the most exclusive residential areas in Los Angeles.
What is the most expensive district in California? ›Beverly Hills. Beverly Hills, a city situated within the greater Los Angeles area, is synonymous with pop culture icons such as the TV show "90210" and the renowned shopping district on Rodeo Drive. It is a favored location for numerous Hollywood elites, and the high cost of living reflects that.
What is the #1 expensive state? ›
1. Hawaii. Hawaii is truly a paradise, but it is also the most expensive state in America to live in. The cost of living in Hawaii overall is 86% higher than the national average, and the cost of housing in Hawaii is a jaw-dropping 207% above the national average.
Which state is most unaffordable? ›The ten most expensive states to live in are Hawaii, Massachusetts, California, New York, Alaska, Maryland, Oregon, Connecticut, New Hampshire, and Vermont. Hawaii is the most expensive state to live in, with a cost of living index of 184.
What is the most overpriced state? ›According to several studies on cost of living, Hawaii is the most expensive U.S. state to live in. Prices are typically double in Hawaii compared to those on the mainland, and the continued rise in inflation is making costs ranging from housing to health care much more expensive.
What is the most unaffordable city in California? ›Marina del Rey, California
You can carve out a life there for $98,931.74, or $8,244.31 per month. Rent is crushingly high, though — a one-bedroom in Marina del Rey costs nearly $1,400 more than the next most expensive city.
Here are the top five cities that Californians are moving to: Dallas, TX. Austin, TX. Seattle, WA.
Who is the biggest landlord in California? ›1. Emmerson Family of Sierra Pacific Industries — 2.4 Million Acres.
Who is the richest person living in California? ›Former CEO of Alphabet, the parent company of Google, Larry Page ranks as the wealthiest person in California, according to Forbes. With a net worth of $93 billion, he ranks as the sixth-richest in the country overall.
What county in California has the most billionaires? ›According to the Forbes 400 list of America's wealthiest persons, California is home to 80 persons/families who, in 2022, each had a personal net worth of at least $2.7 billion. Of these, 30 are residents of Los Angeles County, the highest concentration in any of the state's counties.
What is the richest town in the USA? ›1. Atherton, CA. The richest city in the US is Atherton, California. It has a median household income of $450,690, which is almost seven times higher than the average American household income of $69,021.
What is considered a high salary in California? ›Annual Salary | Monthly Pay | |
---|---|---|
Top Earners | $179,198 | $14,933 |
75th Percentile | $146,884 | $12,240 |
Average | $102,366 | $8,530 |
25th Percentile | $61,201 | $5,100 |
What salary is top 1 in California? ›
Overall, SmartAsset found the income threshold ranges from roughly $375,000 to slightly more than $955,000.
What is the best salary to live in California? ›The data used in the study analyzed the cost of living in each city as of 2022. For California cities like Los Angeles, Berkeley and San Diego, a single person must make more than $76,000 to “live comfortably,” the data shows.
Where do the rich shop in California? ›West Hollywood
Robertson Boulevard is well-known for celebrity sightings and the paparazzi that stake out The Ivy during daytime hours. High-end stores like Kitson, Chanel and Intermix are all celeb faves.
Coronado, an enchanting island city nestled across the bay from downtown San Diego, California, is a coveted enclave for those seeking a life of wealth and luxury. Known for its pristine beaches, historic charm, and exclusive amenities, Coronado epitomizes affluent living in the San Diego region.
What are the wealthiest school districts in California? ›Of active districts in California with at least 100 students, Hillsborough City Elementary – located in San Mateo County – ranks as the wealthiest.
What is the poorest suburb in Los Angeles? ›The area is officially known as Central City East. Skid Row contains one of the largest stable populations (about 9,200–15,000) of homeless people in the United States and has been known for its condensed homeless population since at least the 1930s.
How many billionaires live in California? ›Billionaires are ranked by net worth as of Dec. 11, 2022. Forbes lists 178 billionaires in California. Copyright 2023 Nexstar Media Inc.
What is the most expensive zip code to live in California? ›Rank | ZIP code | Metro area |
---|---|---|
1. | 94027 | Atherton (San Francisco metro) |
2. | 90210 | Beverly Hills (Los Angeles metro) |
3. | 11962 | Sagaponack (New York City metro) |
4. | 94022 | Los Altos Hills (San Jose metro) |
90210: Beverly Hills (Los Angeles metro) $5.11M. 94022: Los Altos Hills (San Jose metro) $4.26M. 90402: Santa Monica (Los Angeles metro) $4.17M. 93108: Montecito (Santa Barbara metro) $3.94M.
Where is the most expensive house in California located? ›A 105,000-square-foot Los Angeles megamansion known as “The One” listed Friday for $295 million, making it the most expensive listing in the U.S. It was built by Nile Niami, who promoted it as the “biggest and most expensive modern home in America,” with an eventual asking price of $500 million.
Is it more expensive to live in California or Hawaii? ›
While both states have a high cost of living, California is generally cheaper than Hawaii, particularly in terms of housing costs.
Is New York or California more expensive? ›Which City Is More Affordable: Los Angeles or New York City? Both NYC and LA are among the most expensive cities in both the U.S. and the world. However, the average cost of living in LA is also 24-27% lower than that of NYC.
What's the most expensive city to live in? ›Tied with New York, Singapore often tops the list.
What state has the best cost of living? ›- Mississippi. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. ...
- Kansas. ...
- Alabama. ...
- Oklahoma. ...
- Georgia. ...
- Tennessee. ...
- Missouri. ...
- Iowa.
Hawaii and California are the LEAST affordable places to live in the U.S as incomes fail to keep up with soaring property prices.
What state has the most expensive houses? ›1. Hawaii. Hawaii is known for its beautiful beaches, warm climate, and breathtaking scenery. However, it is also the most expensive state to buy a house, with a Zillow Home Value Index of $834,582.
Is California an expensive place to live? ›The cost of living in California is 39% higher than the national average. Housing is 102% higher than the national average, while utilities are 22% higher. When it comes to basic necessities such as food and clothing, groceries are around 10% higher than in the rest of the country, while clothing costs 10% higher.
What is the average cost of living in California? ›Average Cost of Living in California: $53,082 per year
What is the cost of living in California? According to 2021 data from the Bureau of Economic Analysis , the annual average cost of living in California is $53,082. Based on that number, it would cost $4,423 per month to live in California.
California is so expensive because of its strong economy, high-income tax rates, and limited housing supply which make it difficult for residents to save money. Moreover, the prices of basic necessities such as food, gasoline, and transportation are comparatively steep in California as compared to most other US states.
What is the saddest city in California? ›According to the list, the most miserable places to live in all of California are Visalia-Porterville, Merced, Yuba City, Madera, Hanford-Corcoran, and El Centro.
Where is the poorest city in California? ›
State | Poorest Town | Poverty Rate |
---|---|---|
California | Orange Cove | 47.8% |
Colorado | Lamar | 22.4% |
Connecticut | Groton | 13.7% |
Delaware | New Castle | 6.5% |
...
This Is the Poorest City in California.
Poorest city | Statesboro |
---|---|
Median household income ($) | 32,790 |
Median household income in state ($) | 61,224 |
Median home value ($) | 115,100 |
Median home value in state ($) | 190,200 |
According to a list compiled by GoBankingRates, the fastest growing city in California is Irvine. Irvine has grown a whopping 34.62% in the last 8 years! Here is what GoBankingRates had to say about compiling the data to discover the fastest growing cities across the country: "Boomtown.
Where are Californians leaving to? ›The states with the largest net migration outflow rates from California all border the Golden State or are nearby. Net outflow rates are largest to Idaho and Nevada, followed by Oregon and Arizona. Smaller but still significant outflow rates are to Hawaii, Montana, Utah, Washington, Tennessee, and Colorado.
What are the top cities people are leaving? ›San Francisco, New York, and Los Angeles are the top cities Americans want to leave, according to Redfin. Other cities in the top ten including Washington, D.C., Chicago, Boston, Seattle, and Denver.
What city has the highest rent? ›While the most expensive rentals are unsurprisingly in New York City, several California cities are not far behind.
Who is the richest landlord in America? ›1. EMMERSON FAMILY. The nation's largest private landowners, California's Emmerson family, are a prime example of this trend. Through their Sierra Pacific Industries, the Emmersons increased their landholdings by more than 100 square miles to over 2.4 million acres.
Who owns the most apartment units in California? ›- Sares-Regis Group.
- Kennedy Wilson.
- LivCor.
- Progress Management.
- Los Angeles Housing Authority.
- MG Properties Group.
- Decron Properties.
- The Ezralow Company.
- Bakersfield.
- Chico.
- Clovis.
- Eureka.
- Fontana.
- Oxnard.
- Redlands.
- Vacaville.
Here are the top five cities that Californians are moving to: Dallas, TX. Austin, TX. Seattle, WA.
Is California a high cost of living state? ›
States With Highest Cost of Living
The ten states with the highest cost of living are Hawaii, Massachusetts, California, New York, Alaska, Maryland, Oregon, Connecticut, New Hampshire, and Vermont. Hawaii is the state with the highest cost of living in the US, with a cost of living index of 184.
The cost of living in San Francisco, CA is 24.0% higher than in San Diego, CA. You would have to earn a salary of $74,402 to maintain your current standard of living. Employers in San Francisco, CA typically pay 15.8% more than employeers in San Diego, CA.
Is Florida or California more affordable? ›For starters, the cost of living is drastically cheaper in Florida. California ranks as the second most expensive place to live in the country so those who move from California will find real estate prices much more affordable in Florida. Not only is Florida more affordable, but there are more jobs to be had.
What city has the lowest cost of living? ›Fort Wayne, Indiana, was named the city with the lowest cost of living for 2022.
What state is like California but cheaper? ›What State Is Like California But Cheaper? Texas is one of those states similar to California but significantly cheaper. Along with a lower cost of living, Texas also offers the benefits of no personal income tax. Its climate is similar to that of California's – warm summers and cool winters with hardly any snow.
What of Californians live in poverty? ›More than a quarter of Californians are living in or near poverty. In fall 2021, 28.7% of residents were poor or near poor, down from 34.0% in 2019.
What is middle class income in California? ›"Middle class" is defined by the PRC as those earning between two-thirds and twice the median American household income, which in 2021 was $70,784, according to the United States Census Bureau. That means American households earning between $47,189 to $141,568 are in the "middle class" as defined by the PRC.
How much money do I need to live comfortably in California? ›The data used in the study analyzed the cost of living in each city as of 2022. For California cities like Los Angeles, Berkeley and San Diego, a single person must make more than $76,000 to “live comfortably,” the data shows.
What is a good annual salary in California? ›Annual Salary | Monthly Pay | |
---|---|---|
Top Earners | $93,732 | $7,811 |
75th Percentile | $77,780 | $6,481 |
Average | $61,229 | $5,102 |
25th Percentile | $44,677 | $3,723 |
Despite LA boasting some of the highest prices in America by way of rent and health insurance, the Bay Area still averages as 55% more expensive! What is this? Although the cost of food and transportation are similar, the housing prices are where the differences are really prevalent.
Is New York or San Diego more expensive? ›
The cost of living in San Diego, CA is -15.0% lower than in New York, NY. You would have to earn a salary of $50,983 to maintain your current standard of living. Employers in San Diego, CA typically pay -8.2% less than employers in New York, NY.
Is San Diego the most unaffordable city? ›San Diego is the eighth least affordable large city for homebuyers when all costs of home ownership are considered, according to a new report by WalletHub.