Cost of Living in Redondo beach, CA
Housing
The housing market plays a significant role in determining the cost of living in Redondo beach, CA.
- Housing Index: 160.0 / 100
- Median Home Price is: $1,075,000
- Average Rent (2 BR Apartment): $2800 per month
- Average Rent (2 BR House): $2880 per month
In Redondo beach, CA, the population stands at , with a median age of years, indicating a relatively mature demographic. The median income of suggests a prosperous economic environment, while the lack of poverty at signifies robust community support systems. With percent of the populace in coupled households, social stability appears strong. However, an unemployment rate of highlights a need for job creation strategies. All these factors frame Redondo beach as a desirable place for families, particularly for those valuing economic security and community well-being.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Redondo beach, 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.): $320 per month
Living in Redondo beach, 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 $320 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 Redondo beach is a financially viable option for your relocation.