Cost of Living in Rosemead, CA

Housing

The housing market plays a significant role in determining the cost of living in Rosemead, CA.

• Housing Index: 140.5 / 100
• Median Home Price is: $670000
• Average Rent (2 BR Apartment): $2400 per month
• Average Rent (2 BR House): $2456 per month

Considering a move to Rosemead, CA? The housing index stands at 140.5, indicating a higher cost of living than the national average. With a median home price of 670000, purchasing property might not be feasible for everyone. Renting appears costly as well, with average rents around 2400 for a 2BR apartment and 2456 for a 2BR house. It’s crucial to balance your budget with lifestyle preferences, perhaps exploring nearby neighborhoods with lower housing costs. Overall, thorough exploration of your financial options will guide a well-informed decision.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Rosemead, 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 Rosemead, 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.

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: 125.3

Median Income

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

• Median Income: $70073

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 Rosemead, 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.