Cost of Living in Sacramento, CA
Housing
The housing market plays a significant role in determining the cost of living in Sacramento, CA.
- Housing Index: 115.0 / 100
- Median Home Price is: $554,000
- Average Rent (2 BR Apartment): $2300 per month
- Average Rent (2 BR House): $2400 per month
When considering a move to Sacramento, CA, the housing market appears competitive with a housing index of 115.0 indicating it is more expensive than the national average. The median home price of 554000 coupled with average rents of 2300 for a 2-bedroom apartment and 2400 for a 2-bedroom house suggest a premium cost of living. It would be wise to evaluate your budget against these figures,keeping in mind that additional costs like property taxes and utilities can further influence your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Sacramento, 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 Sacramento, 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 Sacramento is a financially viable option for your relocation.