Cost of Living in Tracy, CA
Housing
The housing market plays a significant role in determining the cost of living in Tracy, CA.
- Housing Index: 120.0 / 100
- Median Home Price is: $690,000
- Average Rent (2 BR Apartment): $2300 per month
- Average Rent (2 BR House): $2400 per month
Based on the data for Tracy, CA, we see a housing index of 120.0, indicating a relatively high cost of living compared to national averages. The median home price stands at 690000, suggesting that purchasing a home may be out of reach for many. Rent prices follow suit, with an average of 2300 for a 2-bedroom apartment and 2400 for a house. Before making a decision, consider exploring alternative neighborhoods, as competition and costs are driving these prices higher in many urban locales nationwide.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Tracy, 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 Tracy, 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 Tracy is a financially viable option for your relocation.