The housing market plays a significant role in determining the cost of living in Downey, CA.
Considering moving to Downey, CA? The housing index stands at 140.0, which indicates a higher cost of living. With a median home price of 600000, purchasing a home here is a significant investment. Renting may also be pricey, with average rents for a 2-bedroom apartment at 2500 and a house at 2400. If you're seeking a vibrant community and are prepared for these costs, it may be worth investigating the neighborhood further. Consider job opportunities and local amenities when making your decision to ensure a good fit.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Downey, CA.
Living in Downey, 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.
The cost of living index is a widely used metric to determine the relative affordability of cities and towns.
The median income is an important factor to consider when evaluating the affordability of a city or town.
Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.
When considering a move to Downey, CA, consider the following factors: