Cost of Living in San jose, CA
Housing
The housing market plays a significant role in determining the cost of living in San jose, CA.
- Housing Index: 140.2 / 100
- Median Home Price is: $1,300,000
- Average Rent (2 BR Apartment): $3200 per month
- Average Rent (2 BR House): $3360 per month
In San jose, CA, the real estate market shows a median home price of 1300000, making it a premium location. However, the housing index of 140.2 and average rents for a 2-bedroom apartment at 3200 and a 2-bedroom house at 3360 suggest major affordability concerns, as these values are currently at $0. Consider researching local amenities, job opportunities, and long-term growth potential before making a final decision. Prospective buyers and renters should weigh the costs against their personal budgets and financial circumstances.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in San jose, 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.): $350 per month
Living in San jose, 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 $350 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 San jose is a financially viable option for your relocation.