Cost of Living in Sacramento, California

Cost of living is the amount of money a household has to spend to maintain a good quality of life in a particular city. Many factors are affecting the total amount you would need to consider, especially if you plan to move into a town with your family. The Cost of Living Index is an excellent way of reviewing whether a move to a new area would be a financially sound decision for you.

Cost of Living Index

Sacramento California United States Grocery 103.7 107.2 100 Healthcare 90 93 100 Housing 168 293 100 Utilities 98 102 100 Transportation 133 147 100 Miscellaneous 106 104 100 Total 128 169 100

Real Estate Cost in Sacramento

Housing costs in the city of Sacramento, similar to other areas of California is a lot more expensive than the national average. As a primary coastal city known for its business and commercial centers, the region has had a continuously rising price tag for most homes. The city of Sacramento is relatively cheaper than other areas making it an excellent option for families who are looking for a relatively less expensive house in the state.

Goods and Services

Many products and services in the city are higher than the national average. A movie ticket typically is $13.15, which usually costs $10.28. A bowling game, on the other hand is $6.27, which generally costs $4.93. Other services such as haircuts, and consumables like toothpaste also cost higher than the national average.

Check out our original blog post at https://sacramentohomesre.com/ for more information.

Utility Bills

The city of Sacramento has a cheaper average utility cost compared to the state and country average. The average bill for electricity, heating, cooling, water, and garbage bills for an 85 square meter apartment is $181.95.

Transportation

The second-highest expense in the city of California is transportation. Aside from the heavy traffic in major metropolitan areas, public transport is also quite expensive. Gas prices in the city range from $2.84 to $2.97 per gallon.

Check out our original blog post at https://sacramentohomesre.com/ for more information.

Healthcare

Healthcare is another important consideration for home buyers who plan to move into the city of Sacramento. You can expect a 10% lower average healthcare cost in the region compared to the rest of the nation. These include various doctor and dental visits as well as medication.

California Taxes

State taxes in California are significantly higher than the national average where the sales tax rate is 7.25%, with a maximum surtax charge of 10.25%. The state income tax rates can vary between 0% to over 13.3%.

Check out our original blog post at https://sacramentohomesre.com/ for more information.

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Let Me Help You Find Your Sacramento, CA 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 (916) 750-5105. ************************************************************************************

POSTED BY

Akpene "Penny" Ranson

5960 S Land Park Dr. #107 Sacramento, 95822

Phone: (916) 750-5105