Cost of Living in Thousand oaks, CA
Housing
The housing market plays a significant role in determining the cost of living in Thousand oaks, CA.
- Housing Index: 140.0 / 100
- Median Home Price is: $1095000
- Average Rent (2 BR Apartment): $3200 per month
- Average Rent (2 BR House): $3360 per month
When considering a move to Thousand oaks, CA, it's essential to analyze the local market and its affordability. With a housing index of 140.0, housing in this area tends to be 40% above the national average. The median home price is 1095000, indicating a substantial investment for homeowners. Renting also comes at a premium, with average rents for a 2-bedroom apartment at 3200 and a 2-bedroom house at 3360. Keep these factors in mind when evaluating your budget and living arrangements, as they significantly impact the overall cost of living in the region.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Thousand oaks, 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 Thousand oaks, 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 Thousand oaks is a financially viable option for your relocation.