Cost of Living in Santa barbara, CA
Housing
The housing market plays a significant role in determining the cost of living in Santa barbara, CA.
- Housing Index: 145.0 / 100
- Median Home Price is: $1,220,000
- Average Rent (2 BR Apartment): $3500 per month
- Average Rent (2 BR House): $3600 per month
Considering a move to Santa barbara, CA? With a housing index of 145.0, the market indicates a higher demand. The median home price is steep at 1220000, suggesting a competitive buyer’s market. Renters also face substantial costs, with average rents at 3500 for apartments and 3600 for houses, making living in this area an investment. Additionally, neighboring regions might offer more affordable alternatives. Weigh your options carefully to determine if this vibrant locale aligns with your budgetary needs and lifestyle preferences.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Santa barbara, 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 Santa barbara, 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 Santa barbara is a financially viable option for your relocation.