Cost of Living

Cost of living is the amount of money you would need to spend on your day to day living which is essential to maintain a comfortable quality of life. This cost varies significantly between cities and regions of the country and is an excellent indicator if moving into another town would generally be a good idea. Factors that affect your overall expenses include housing, food, healthcare, taxes, utilities, transportation, and more. Reviewing the cost of living index is a great idea for individuals and families planning to move out. You'll want to determine if your quality of life when moving would improve, remain the same, or stagnate. Our report provides you with a general idea of the overall cost of living in the city of Placerville.

2019 Cost of Living Index

Cost of Living Placerville California USA Overall 143 169 100 Grocery 103.7 107.2 100 Healthcare 87 93 100 Housing 215 293 100 Median Home Cost $402,700 $548,100 $216,200 Utilities 111 102 100 Transportation 133 147 100 Miscellaneous 108 104 100

Average Rent by Bedroom Size

Average Rent Placerville California United States Studio $790 $1,156 $821 1-Bedroom $900 $1,358 $930 2-Bedroom $1,130 $1,723 $1,148 3-Bedroom $1,630 $2,375 $1,537 4-Bedroom $1,930 $2,755 $1,791

The original report from https://www.bestplaces.net/.

Check out our original neighborhood page at https://placervillehomes.com/.

Housing Costs

Housing costs are generally more expensive in the state of California compared to other parts of the country. The average home prices in the region are two and a half to three times the national average. Placerville is a more affordable city in comparison to other cities in California. Although still, twice the national median home cost real estate in the town are still a lot cheaper compared to other communities in the state. Rent prices tend to have the same price average as buying homes. Renting residences in Placerville is more expensive than the national average but is still cheaper compared to the state average.

Check out our original neighborhood page at https://placervillehomes.com/.

Utility Bills

You'll have to expect a relatively high utility bill if you plan to move into the city of Placerville. Standard costs of utilities are marginally higher in the city compared to other parts of the state and country. The average monthly electricity bill is $168.47 while phone bills are around $21.67.

Food and Groceries

Grocery items and food costs for residents in Placerville is an excellent way to save money. Home cooking allows you to save a good amount of money since dining out can be expensive in the city. Food prices are in the middle of the state and national averages.

Check out our original neighborhood page at https://placervillehomes.com/.

Transportation

Transportation in California is a lot more expensive than the national average with the city of Placerville having a relatively lower cost compared to the state average. The average gas price in the city is $2.82 per gallon while the national average is $2.24.

Healthcare

Healthcare costs vary between different fields in the city of Placerville. Visiting a general practitioner is cheaper than the national average while a dental check-up is a bit more expensive. Medication is also relatively more expensive in the city and should be considered by individuals taking maintenance meds.

Check out our original neighborhood page at https://placervillehomes.com/.

Taxes

Sales tax and income tax rates vary from state to state and can go as high as 7%, while other states have no sales tax. The California maximum surtax is 10.25%, and the California sales tax is 7.25%. These will vary depending on an individual’s tax bracket. Tax rates can run as high as 9%, with a minimum tax exemption of zero. Income tax rates range from 1% to 13.3% in the state.

Check out our original neighborhood page at https://placervillehomes.com/.

If you would like to receive a FREE Competitive Market Analysis, contact me today. Let Me Help You Find Your Placerville, California Home! If you are a buyer, it is important to have the assistance of a Buyer's Agent to represent you during the transaction. If you need additional assistance or would like to schedule a showing, contact our office at 530-647-0865. ************************************************************************************

POSTED BY

Rhonda Moffett-Florence

3025 Sacramento St., Placerville, CA 95667-6481

Phone: 530-647-0865