Cost of Living in Redding, CA
Housing
The housing market plays a significant role in determining the cost of living in Redding, CA.
- Housing Index: 120.3 / 100
- Median Home Price is: $398,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1920 per month
Considering a move to Redding, CA? The housing index of 120.3 indicates it is slightly above the national average, suggesting that housing may be pricier than other areas. With a median home price of 398000 and average rents for a 2BR apartment at 1800 and a house at 1920, this location may require a solid budget. Investing in property could yield long-term benefits as home values continue to appreciate. Ensuring that your income aligns with these costs will be crucial for a smooth transition to your new home.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Redding, 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 Redding, 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 Redding is a financially viable option for your relocation.