Cost of Living in Pasadena, CA
Housing
The housing market plays a significant role in determining the cost of living in Pasadena, CA.
- Housing Index: 136.2 / 100
- Median Home Price is: $1,050,000
- Average Rent (2 BR Apartment): $2796 per month
- Average Rent (2 BR House): $3039 per month
Considering a move to Pasadena, CA? With a housing index of 136.2, the cost of living is relatively high. The median home price is pegged at 1050000, making home ownership a significant investment. For renters, the average cost of a 2-bedroom apartment is 2796, while renting a house averages 3039. Keep in mind, rental prices can vary greatly depending on the neighborhood. With the right financial strategy and potential for property appreciation, living in Pasadena could meet your lifestyle desires while being a substantial undertaking.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Pasadena, 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 Pasadena, 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 Pasadena is a financially viable option for your relocation.