Cost of Living in Marina del rey, CA
Housing
The housing market plays a significant role in determining the cost of living in Marina del rey, CA.
- Housing Index: 140.0 / 100
- Median Home Price is: $1,032,000
- Average Rent (2 BR Apartment): $3552 per month
- Average Rent (2 BR House): $3861 per month
When considering a move to Marina del rey, CA, the housing market appears quite competitive, with a housing index of 140.0 indicating higher-than-average costs. The median home price stands at 1032000, while the average rent for a 2-bedroom apartment is a significant 3552 and for a 2-bedroom house it’s even higher at 3861. Given the financial demands, prospective residents should thoroughly evaluate their budgets. It's also worth noting that neighboring areas may offer more affordable options, allowing for potential savings without compromising on quality of living.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Marina del rey, 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.): $250 per month
Living in Marina del rey, 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 $250 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 Marina del rey is a financially viable option for your relocation.