Cost of Living in Carmichael, CA
Housing
The housing market plays a significant role in determining the cost of living in Carmichael, CA.
- Housing Index: 136.2 / 100
- Median Home Price is: $450,000
- Average Rent (2 BR Apartment): $1728 per month
- Average Rent (2 BR House): $1878 per month
Considering a move to Carmichael, CA? The current housing index indicates a rising trend with a median home price of 450000. Although there is no data for average rent for a 2-bedroom apartment and house, it's essential to note that the lack of rental data could suggest a tight rental market. Typically, markets like these may offer limited rental options and increased demand, pushing rent prices higher. Therefore, be prepared for a potentially competitive housing market if you choose to live in Carmichael.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Carmichael, CA.
- Electricity Price: $32.99 USD (median by state)
- Natural Gas Price: $16.99 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $258 per month
Living in Carmichael, CA could entail higher utility costs. Electricity costs sit at $32.99, while natural gas is priced at $16.99 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $258 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Carmichael is a financially viable option for your relocation.