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: $1220000
• 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 130.5

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $98346

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

• Click here for more information

Summary

When considering a move to Santa barbara, CA, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.