Cost of Living in Downey, CA
Housing
The housing market plays a significant role in determining the cost of living in Downey, CA.
- Housing Index: 140.0 / 100
- Median Home Price is: $600,000
- Average Rent (2 BR Apartment): $2500 per month
- Average Rent (2 BR House): $2400 per month
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.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Downey, 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 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 Downey is a financially viable option for your relocation.