Cost of Living in Simi valley, CA
Housing
The housing market plays a significant role in determining the cost of living in Simi valley, CA.
- Housing Index: 135.0 / 100
- Median Home Price is: $650000
- Average Rent (2 BR Apartment): $2800 per month
- Average Rent (2 BR House): $2850 per month
Considering the data for Simi valley, CA, the housing index of 135.0 suggests that the cost of living is above the national average. With a median home price of 650000, purchasing a home might be a significant investment. Meanwhile, the average rent for a 2-bedroom apartment stands at 2800, while renting a house averages slightly higher at 2850. These figures indicate that while housing options are plentiful, affordability may be a concern. It's essential to weigh your financial situation and preferences before making a decision on your next move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Simi valley, 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 Simi valley, 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 Simi valley is a financially viable option for your relocation.