Cost of Living in Chico, CA
Housing
The housing market plays a significant role in determining the cost of living in Chico, CA.
- Housing Index: 110.0 / 100
- Median Home Price is: $436000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1840 per month
When considering a move to Chico, CA, it's important to note that the housing index is at 110.0, indicating a moderately competitive market. With a median home price of 436000 and average rents of 1800 for apartments and 1840 for houses, potential residents should prepare for significant financial commitments. Additionally, a growing job market and local amenities could enhance lifestyle quality, suggesting that while costs may be high, the overall value of living in Chico could balance out in terms of quality of life and career opportunities.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Chico, 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 Chico, 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 Chico is a financially viable option for your relocation.