Cost of Living in Modesto, CA
Housing
The housing market plays a significant role in determining the cost of living in Modesto, CA.
- Housing Index: 110.0 / 100
- Median Home Price is: $428000
- Average Rent (2 BR Apartment): $1900 per month
- Average Rent (2 BR House): $1925 per month
Considering a move to Modesto, CA? The housing index stands at 110.0, which indicates that affordability could be a concern relative to the national average. The median home price is 428000, suggesting a significant investment for potential home buyers. Renting options, with an average of 1900 for a 2-bedroom apartment and 1925 for a house, reflect a competitive rental market. It's crucial to evaluate your budget and housing preferences against these figures, alongside other variables like job opportunities, lifestyle, and community amenities 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 Modesto, 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 Modesto, 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 Modesto is a financially viable option for your relocation.