Cost of Living in Norco, CA
Housing
The housing market plays a significant role in determining the cost of living in Norco, CA.
- Housing Index: 136.2 / 100
- Median Home Price is: $537,000
- Average Rent (2 BR Apartment): $2796 per month
- Average Rent (2 BR House): $3039 per month
Based on the data for Norco, CA, the housing index stands at 136.2, with a median home price of 537000. Unfortunately, rental data is unavailable, which may be crucial for understanding the overall rental market in this area. This high median home price suggests a competitive housing market, typically indicating both demand and potentially higher property values. Prospective residents should consider their financial readiness and alternative housing options. Being informed about amenities, taxes, and the local economy is just as essential before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Norco, 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 Norco, 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 Norco is a financially viable option for your relocation.