How Much Does It Cost To Live In Oakland California?

by | Last updated on January 24, 2024

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COST OF LIVING Oakland California Health 103.5 92.4 Housing 316.3 239.1 Median Home Cost $923,400 $684,800 Utilities 90.3 102.4

Is it expensive to live in Oakland California?

Oakland, California's cost of living is 49% higher than the national average . The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.

What salary do you need to live in Oakland?

Though Oakland doesn't hit the triple-digit salary requirement like its San Francisco and Santa Clara County neighbors, the annual income to comfortably afford a one-bedroom is $77,360, or at least $37.19 hourly , according to NLIHC.

Is it cheaper to live in Oakland or San Francisco?

According to ABODO's Annual Rent Report, Oakland is cheaper and will predictably be so in 2017. Oakland takes the sixth spot on the list while San Francisco is the first. Oakland is not nearly as affordable as it once was, but a dollar goes further there than in San Francisco.

Is Oakland more expensive than LA?

The cost of living in Oakland, CA is 11.2% higher than in Los Angeles , CA.

How much do you need to live comfortably in Oakland?

Though Oakland doesn't hit the triple-digit salary requirement like its San Francisco and Santa Clara County neighbors, the annual income to comfortably afford a one-bedroom is $77,360, or at least $37.19 hourly , according to NLIHC.

How much do I need to make to live in the Bay Area?

The standard rule of budgeting for an apartment starts with rent — you should earn three times the monthly rent. As the average cost of a one-bedroom apartment in San Francisco is $3,367, your monthly pre-tax earnings should total at least $10,101 to live comfortably in San Francisco.

Why is Oakland California so expensive?

It mostly comes down to housing costs. The region's culture, economy and natural beauty makes it an appealing place, so there is great demand for living here. The housing supply has not caught up. Heavy regulation makes it incredibly expensive to build new housing in much of the Bay Area.

Where should I live if I work in Oakland?

  • Downtown.
  • Grand Lake.
  • Piedmont Avenue.
  • Rockridge.
  • Temescal.

How much is water bill in Oakland?

Gallons Rate 0-3,000 Included in minimum charge – $17.80 3,001 – 10,000 $2.66 per 1,000 gallons 10,001 – 15,000 $3.33 per 1,000 gallons 15,001 – 20,000 $4.66 per 1,000 gallons

What is the cost of living in Los Angeles California?

Apart from , the average cost of living in Los Angeles for a single person is right at $1,000 per month . A family of four will likely be looking at closer to $3,600 per month.

What is the cost of living in Austin TX?

COST OF LIVING Austin Texas Grocery 96.7 93.7 Health 94.4 95.4 Housing 159.6 84.3 Median Home Cost $551,200 $243,600

What is the racial makeup of Oakland California?

The largest Oakland racial/ethnic groups are White (28.3%) followed by Hispanic (27.0%) and Black (23.2%).

Is Oakland California Safe?

Oakland is in the 13th percentile for safety , meaning 87% of cities are safer and 13% of cities are more dangerous. This analysis applies to Oakland's proper boundaries only. See the table on nearby places below for nearby cities. The rate of crime in Oakland is 54.38 per 1,000 residents during a standard year.

Is 130k a good salary in California?

Is a 130k$ a good salary to live in San Francisco Bay Area? $130k is a great salary , but not so great if it is a total package. As long as you are able to factor in costs for rent, utilities, transportation, insurance (health and auto, if buying a car), phone and internet plans, and groceries.

Rachel Ostrander
Author
Rachel Ostrander
Rachel is a career coach and HR consultant with over 5 years of experience working with job seekers and employers. She holds a degree in human resources management and has worked with leading companies such as Google and Amazon. Rachel is passionate about helping people find fulfilling careers and providing practical advice for navigating the job market.