Cost of Living in El monte, CA
Housing
The housing market plays a significant role in determining the cost of living in El monte, CA.
- Housing Index: 120.0 / 100
- Median Home Price is: $646,000
- Average Rent (2 BR Apartment): $2100 per month
- Average Rent (2 BR House): $2150 per month
When considering a move to El monte, CA, the local housing market shows a heightened demand with a housing index of 120.0. The median home price of 646000 suggests a competitive real estate market, which may require a substantial financial commitment. Renting options, with an average of 2100 for a 2-bedroom apartment and 2150 for a house, indicate that monthly housing costs remain high. It’s worth noting that such living expenses can influence overall affordability, prompting a thorough examination of job opportunities and lifestyle adjustments before making your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in El monte, 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 El monte, 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 El monte is a financially viable option for your relocation.