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: $590000
• 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 115.0

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $112138

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Fair oaks, CA, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.