The housing market plays a significant role in determining the cost of living in Moreno valley, CA.
When considering a move to Moreno valley, CA, the housing index stands at 115.0, indicating a slightly higher cost of living compared to other regions. The median home price of 466000 suggests a substantial investment if you plan to buy. For those renting, the average costs are considerably high, with a 2-bedroom apartment at 2300 and a 2-bedroom house at 2344. This competitive rental market may lead you to consider long-term leasing options or exploring suburban areas for more affordability. Make sure to weigh your financial options thoroughly before making a decision.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Moreno valley, CA.
Living in Moreno valley, 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.
The cost of living index is a widely used metric to determine the relative affordability of cities and towns.
The median income is an important factor to consider when evaluating the affordability of a city or town.
Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.
When considering a move to Moreno valley, CA, consider the following factors: