Cost of Living in Baldwin park, CA

Housing

The housing market plays a significant role in determining the cost of living in Baldwin park, CA.

• Housing Index: 112.5 / 100
• Median Home Price is: $574000
• Average Rent (2 BR Apartment): $2200 per month
• Average Rent (2 BR House): $2250 per month

Considering a move to Baldwin park, CA? With a housing index of 112.5, the housing market here is relatively competitive. The median home price stands at 574000, indicating an investment that might appreciate over time. Rental prices are on the higher end, with the average rent for a 2-bedroom apartment reaching 2200 and a 2-bedroom house at 2250. While living costs are prominent, the community benefits may warrant this expense. Always consider the area's amenities, schools, and job market when making your final decision.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Baldwin park, 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 Baldwin park, 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 110.3

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $76002

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Baldwin park, CA, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.