Cost of Living in Mammoth lakes, CA
Housing
The housing market plays a significant role in determining the cost of living in Mammoth lakes, CA.
- Housing Index: 145.0 / 100
- Median Home Price is: $883,000
- Average Rent (2 BR Apartment): $2800 per month
- Average Rent (2 BR House): $2850 per month
When considering a move to Mammoth lakes, CA, the housing index of 145.0 reflects the affordability and demand in the area. With a median home price of 883000, purchasing a home could be challenging for some. Renting, with an average of 2800 for an apartment and 2850 for a house, shows a relatively high rental market as well. It may be beneficial to compare these costs with nearby areas while also taking into account the quality of schools, local amenities, and job market to make an informed decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mammoth lakes, 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.): $280 per month
Living in Mammoth lakes, 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 $280 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 Mammoth lakes is a financially viable option for your relocation.