Cost of Living in Fresno, CA

Housing

The housing market plays a significant role in determining the cost of living in Fresno, CA.

  • Housing Index: 120.5 / 100
  • Median Home Price is: $355000
  • Average Rent (2 BR Apartment): $1800 per month
  • Average Rent (2 BR House): $1850 per month

When considering a move to Fresno, CA, the housing data reveals a housing index of 120.5, indicating that the cost of living here is relatively higher than the national average. The median home price stands at 355000, which may present an investment opportunity. Alternatively, if renting is preferred, you’ll find the average rent for a 2-bedroom apartment at 1800, and for a house at 1850. These figures suggest a competitive rental market, making it crucial to weigh your options thoroughly before making a decision.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fresno, 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 Fresno, 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.

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: 115.2

Median Income

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

  • Median Income: $63001

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.

Summary

When considering a move to Fresno, 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.
Pros
  1. Good local food scene
  2. Friendly community vibe
  3. Various children's activities
  4. Family-oriented events
  5. Access to national parks
  6. Affordable cost of living
  7. Strong agricultural industry
  8. Warm weather year-round
  9. Growing job market opportunities
  10. Diverse cultural activities
Cons
  1. Some neighborhoods unsafe
  2. High crime rates in areas
  3. Limited nightlife options
  4. Air quality can be poor
  5. Political polarization present
  6. Traffic congestion issues
  7. Racism and discrimination issues
  8. Limited public transportation
  9. Pockets of poverty exist
  10. Schools have mixed reviews