Cost of Living in Fair oaks, CA
Housing
The housing market plays a significant role in determining the cost of living in Fair oaks, CA.
- Housing Index: 120.0 / 100
- Median Home Price is: $590,000
- Average Rent (2 BR Apartment): $2300 per month
- Average Rent (2 BR House): $2400 per month
Considering relocating to Fair oaks, CA? With a housing index of 120.0, it indicates above-average costs compared to the national metric. Currently, the median home price stands at 590000, suggesting that buying a home might stretch your budget. Renting a 2-bedroom apartment averages around 2300, while a house takes it a step further at 2400. With the rising demand in the area, potential first-time homeowners might want to evaluate their financial readiness carefully and explore alternative housing choices or nearby locations with lower costs to maximize value.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fair oaks, 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.): $200 per month
Living in Fair oaks, 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 $200 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 Fair oaks is a financially viable option for your relocation.