Cost of Living in San luis obispo, CA
Housing
The housing market plays a significant role in determining the cost of living in San luis obispo, CA.
- Housing Index: 120.0 / 100
- Median Home Price is: $684000
- Average Rent (2 BR Apartment): $2500 per month
- Average Rent (2 BR House): $2400 per month
When considering a move to San luis obispo, CA, it's essential to evaluate the housing landscape. With a housing index of 120.0, the market here is above the national average, indicating increased demand and potential competition. The median home price of 684000 suggests a significant investment, making homeownership a more considerable financial commitment. Rental options reflect high demand as well, with an average rent of 2500 for a two-bedroom apartment and 2400 for a two-bedroom house. It's advisable to weigh your budget against these figures, alongside other factors such as job opportunities and lifestyle.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in San luis obispo, 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.): $200 per month
Living in San luis obispo, 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 $200 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 luis obispo is a financially viable option for your relocation.