Cost of Living in Goleta, CA

Housing

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

• Housing Index: 150.0 / 100
• Median Home Price is: $1050000
• Average Rent (2 BR Apartment): $3300 per month
• Average Rent (2 BR House): $3400 per month

When considering a move to Goleta, CA, it's essential to review housing affordability closely. With a housing index of 150.0, it's clear that the cost of living here is above the national average. The median home price stands at 1050000, making homeownership a significant investment. Additionally, renting options show average costs of 3300 for a 2-bedroom apartment and 3400 for a house, indicating a competitive rental market. Weigh your options to ensure they match your budget and lifestyle needs for the best long-term decision.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Goleta, 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 Goleta, 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: 142.3

Median Income

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

• Median Income: $113889

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 Goleta, 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.