Cost of Living in Cerritos, CA
Housing
The housing market plays a significant role in determining the cost of living in Cerritos, CA.
- Housing Index: 120.0 / 100
- Median Home Price is: $780,000
- Average Rent (2 BR Apartment): $2400 per month
- Average Rent (2 BR House): $2430 per month
Considering the statistics provided for Cerritos, CA, with a population of and a median age of , the community seems to favor stability and experience. The median income of reflects a well-off population, while the percentage of married families at % suggests a family-oriented environment. A poverty level of % indicates that most residents are financially secure, although the unemployment rate of % may need consideration. Compared to national averages, such financial stability often leads to a higher quality of life, making Cerritos an attractive place to move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Cerritos, 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 Cerritos, 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 Cerritos is a financially viable option for your relocation.