Cost of Living in San mateo, CA
Housing
The housing market plays a significant role in determining the cost of living in San mateo, CA.
- Housing Index: 190.0 / 100
- Median Home Price is: $1320000
- Average Rent (2 BR Apartment): $3500 per month
- Average Rent (2 BR House): $3600 per month
Considering a move to San mateo, CA? The housing market speaks volumes. With a housing index of 190.0, residents face a steady real estate environment that might indicate demand is outstripping supply. The median home price stands at 1320000, reflecting a premium lifestyle, while rents for a 2-bedroom apartment average 3500 and a house at 3600. This suggests that while purchasing may represent an investment, renting offers flexibility. Do weigh your options, especially in a market with such dynamic rental rates, before making any relocation commitments.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in San mateo, 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 San mateo, 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 San mateo is a financially viable option for your relocation.