Cost of Living in Palmdale, CA
Housing
The housing market plays a significant role in determining the cost of living in Palmdale, CA.
- Housing Index: Data is updating
- Median Home Price is: $451,500
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Palmdale, CA, it’s important to evaluate the local demographics and economic factors. With a population of and a median age of , this city presents a relatively young demographic. The median income stands at , which may signify a stable job market, though the unemployment rate is a notable 8.2%. Additionally, approximately 36% of families are married, indicating potential community ties. However, the poverty level of 13% suggests that economic disparities exist. These factors are essential for potential residents to ponder before relocating.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Palmdale, 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.): Data is updating
Living in Palmdale, 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 data unavailable 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 Palmdale is a financially viable option for your relocation.