Cost of Living in Compton, CA
Housing
The housing market plays a significant role in determining the cost of living in Compton, CA.
- Housing Index: 120.5 / 100
- Median Home Price is: $529000
- Average Rent (2 BR Apartment): $2100 per month
- Average Rent (2 BR House): $2160 per month
Considering the data for living in Compton, CA, the housing index stands at 120.5, which indicates that overall housing costs are above the national average. The median home price of 529000 suggests a significant investment for homebuyers, likely requiring substantial monthly payments or long-term financing. Renters should anticipate spending an average of 2100 for a 2-bedroom apartment or 2160 for a 2-bedroom house. It's crucial to examine local job opportunities, school districts, and amenities in Compton to ensure a well-rounded decision based on these housing costs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Compton, 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 Compton, 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 Compton is a financially viable option for your relocation.