What’s the Real Cost of Living in Sacramento, CA?
The Real Cost of Living in Sacramento is higher than the national average, especially when it comes to housing. The average monthly rent in Sacramento is $1,851 and monthly utility costs are 8% higher than the national average. The cost of housing and transportation is also 41% higher than the national average learn more from Budget Hauling Inc. commercial movers near me: full feature set.
Average monthly rent in Sacramento is $1,851
If you are looking for a rental apartment in Sacramento, you can choose between many neighborhoods and price ranges. The most affordable neighborhoods include the Airport, Brentwood, Carleton, and Golf Course Terrace. These neighborhoods have lower rent prices, but are still close to the attractions and amenities of downtown Sacramento.
Sacramento has a large rental market, with over 47,121 apartments and houses available for rent. The majority of these apartments and homes are occupied by family households, with about 50% containing a family of two. In fact, 31% of rental units have two or more bedrooms. There are also 1,192 units with five bedrooms or more. The average number of bedrooms in a rental home in Sacramento is 4.1. Most of the residents of rental apartments in Sacramento are in the age range of 25-34. Only 2% of the residents are over 85 years old.
Average monthly utility costs are 8% higher than the national average
Utility costs vary across the country, depending on how much you use. During the winter, you'll use more electricity to keep your house warm, while in the summer, you'll use more to run electronics and appliances. Because utilities vary throughout the year, it can be difficult to create a budget for them.
Housing expenses are one of the largest expenses for the average American household. Rent is an average of $1,851 a month, and the average home costs $525,143. If you're looking for a place to rent, there are 582 apartments in Sacramento.
Although the national average is a good starting point, individual utility bills can vary greatly. For example, a three-bedroom house will have a higher utility bill than a six-bedroom mansion. If you have only two or three people living in your home, you'll pay a lot less each month.
Average cost of housing in Sacramento is 41% more expensive than the national average
Living in Sacramento means a higher cost of housing and a higher cost of living than most of the nation's major cities. The median household income is 19% higher than the national average. While most cities struggle to provide jobs for their citizens, Sacramento is a bright spot for those seeking career opportunities. In addition to the booming economy, the Sacramento area is home to a beautiful park with miles of trails.
The housing market in Sacramento is one of the most competitive in the country. In 2021, hot homes sold in as little as six days. Moreover, most homes receive multiple offers and sell for 2% higher than the list price. The median house price in Sacramento rose 16% in one year, and experts predict that home prices will rise even further.
Rent in Sacramento is 41% higher than the national average, and utilities are 7% more expensive than the national average. Healthcare and food costs are slightly lower than the national average, but Sacramento is still more expensive than most large cities.
Average cost of transportation in Sacramento is 8% more expensive than the national average
While Sacramento movers company has a reliable public transportation system, it is not cheap to drive around the city. A single person without children will spend about $4,900 a year on transportation, and a family of four will spend $13,317 annually. Additionally, gas prices in the area are higher than the national average of $3.31.
However, these costs are not excessive compared to those in other California cities. Sacramento's cost of living is still much lower than that of its nearest competitor, San Diego, which is 35.4% more expensive. Considering its proximity to other major cities, Sacramento is a great choice for those on a budget with help of movers.
In addition to using public transit, residents can purchase a Connect Card online. This card will allow them to purchase moving cost for any of the four local transit systems. These include SacRT, El Dorado Transit, Placer County Transit, South County Transit, Yolobus, and Yuba-Sutter Transit.