Cost of Living in Hanford, CA
Housing
The housing market plays a significant role in determining the cost of living in Hanford, CA.
- Housing Index: 110.0 / 100
- Median Home Price is: $283,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1840 per month
Considering a move to Hanford, CA? The housing index stands at 110.0, indicating it’s slightly above the national average, suggesting a competitive market. The median home price is 283000, making home ownership relatively accessible, yet be mindful of your monthly expenses as the average rent for a 2BR apartment is 1800, while a similar house averages 1840. Researching local amenities and school districts can also provide insight into value appreciation in the area. Weigh these factors to ensure a wise decision!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hanford, 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.): $250 per month
Living in Hanford, 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 $250 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 Hanford is a financially viable option for your relocation.