Cost of Living in Granite bay, CA
Housing
The housing market plays a significant role in determining the cost of living in Granite bay, CA.
- Housing Index: 145.0 / 100
- Median Home Price is: $967,000
- Average Rent (2 BR Apartment): $2800 per month
- Average Rent (2 BR House): $2856 per month
In evaluating the housing market in Granite bay, CA, the housing index stands at 145.0, indicating some affordability concerns compared to the national average. With a median home price of 967000, purchasing a home may be out of reach for many. The average rent for a 2-bedroom apartment is around 2800, while renting a 2-bedroom house costs slightly more at 2856. It's important to consider employment opportunities and lifestyle factors in your decision-making. Researching alternative neighborhoods can help uncover more affordable living options without compromising quality of life.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Granite bay, CA.
- Electricity Price: $32.99 USD (median by state)
- Natural Gas Price: $16.99 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $320 per month
Living in Granite bay, CA could entail higher utility costs. Electricity costs sit at $32.99, while natural gas is priced at $16.99 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $320 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Granite bay is a financially viable option for your relocation.