The San Francisco Bay Area is one of the most expensive places in the nation to live and is one reason why many residents are choosing to move to Sacramento County. So what is the cost comparison between the two locations?
The Cost of Living is based on the US average of 100. Any amount that lands below 100 is considered cheaper than the US average. If the amount is above 100, it’s considered to be more expensive than the US average. The Cost of Living in Sacramento is 127.5.
In Sacramento, the housing expenses are about 37% higher than the national average while the utility prices are 11% lower. Transportation costs are 23% higher than the national average (traffic and gas prices are no doubt, huge contributors, to this number).
Estimated Housing/Transportation Expenses:
Median Home Price: $317,600
Median Home Rent: $1,693.86/month
Energy Bill: $189.90/month
Phone Bill: $159.60/month
Gas: $3.58/Gallon
In Sacramento, healthcare is 4% higher than the national average as seen below; keep in mind that these numbers also vary by insurance plans, government options, and additional contributing factors.
Estimated Healthcare Expenses:
Doctor Visit: $114.81
Dentist Visit: $98.63
Optometrist Visit: $107.58
Medicine/Prescriptions: $457.32
Veterinary Visit: $56.15
When it comes to grocery shopping in Sacramento, prices are 17% higher than the national average.
Estimated Grocery Shopping Expenses:
Bread: $2.89/loaf
Milk: $2.26/gallon
Eggs: $2.11/carton
Bananas: $3.92/bunch
Hamburger: $4.95
If you are looking to move to Sacramento, contact your local Sacramento Real Estate Team and we would love to give you an experience you would be excited to tell a friend about and answer any questions you may have for us!
