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: $1075000
• 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 145.3

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $134033

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Redondo beach, CA, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.