Cost of Living in Westwood, CA
Housing
The housing market plays a significant role in determining the cost of living in Westwood, CA.
- Housing Index: 136.2 / 100
- Median Home Price is: $388,000
- Average Rent (2 BR Apartment): $2796 per month
- Average Rent (2 BR House): $3039 per month
In Westwood, CA, the current housing index is remarkably low at 136.2, suggesting an advantageous time to invest. The median home price stands at a competitive 388000; however, rental prices for a 2BR apartment and house remain unspecified, indicating a potentially unique rental market. For context, typical monthly rents in similar cities often range significantly higher. Residents should also consider factors like local amenities, job growth, and community engagement in their decision-making process, as these can greatly influence long-term satisfaction in your new home.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Westwood, 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 Westwood, 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 Westwood is a financially viable option for your relocation.