Home / Select Cities  /  2024 Comparing San Luis Obispo, CA vs. Monterey, CA

2024 Compare Cities Economy:
San Luis Obispo, CA vs Monterey, CA

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Highlights
- Household income in Monterey, is 38% more than it is in San Luis Obispo and is 19% above the National Average.
- San Luis Obispo unemployment rate is 5.5%.
- Monterey unemployment rate is 3.8%.

Economy
 San Luis Obispo, CAMonterey, CAUnited States
 Unemployment Rate5.5%3.8%6.0%
 Recent Job Growth1.3%1.8%1.6%
 Future Job Growth34.6%33.1%33.5%
 Sales Taxes7.8%8.8%6.2%
 Income Taxes8.0%8.0%4.6%
 Income per Cap.$39,464$52,631$37,638
 Household Income$61,862$85,365$69,021
 Family Median Income$106,936$115,299$85,028
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 Est. Households By Income
 San Luis Obispo, CAMonterey, CAUnited States
 Income Less Than 15K13.8%5.2%9.4%
 Income between 15K and 20K6.6%2.5%3.8%
 Income between 20K and 30K7.9%7.0%8.1%
 Income between 30K and 40K6.5%7.9%8.0%
 Income between 40K and 50K8.0%5.9%7.6%
 Income between 50K and 60K6.3%4.0%7.2%
 Income between 60K and 75K7.8%11.4%9.6%
 Income between 75K and 100K9.3%13.2%12.8%
 Income between 100K and 150K14.6%18.0%16.3%
 Income between 150K and 200K6.5%11.4%7.8%
 Income greater than 200K12.7%13.7%9.5%
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 Population By Occupation
 San Luis Obispo, CAMonterey, CAUnited States
 Management, business, finance16.1%18.6%16.4%
 Engineering, computers, science11.2%9.7%6.5%
 Community, social services2.0%1.8%1.8%
 Legal0.7%1.5%1.2%
 Education, library9.0%11.3%6.2%
 Arts, design, media, sports, entertainment2.0%4.5%2.0%
 Healthcare practitioners and technology4.9%7.0%6.2%
 Healthcare support3.1%2.6%3.3%
 Firefighters, law enforcement1.7%3.5%2.1%
 Food preparation, serving11.1%7.9%5.4%
 Building maintenance2.1%4.0%3.6%
 Personal care3.3%3.3%2.6%
 Sales, office, administrative support20.7%14.0%20.9%
 Farming, fishing, forestry0.9%1.1%0.6%
 Construction, extraction, maintenance/repair3.9%4.2%8.1%
 Production, transportation, material moving7.5%5.1%13.1%

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Reviews for San Luis Obispo    21 Reviews

MY FIANCEE AND I ARE LOOKING TO MOVE TO SLO FOR RETIREMENT ( NEXT MONTH ) WE ARE BOTH ARTISTS AND HOPE OUR TALENT WILL HELP WITH COST OF LIVING IN SLO!!! ANY  More

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Over 9 years ago

In almost any season of the year in San Luis Obispo, you’ll find the sun shining and the temperature hitting around 70º at some point in the day. With the temperature  More

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San Luis Obispo and surrounding areas are beautiful, great weather, beaches, farms markets, a downtown area full of some of the best bars and restaurants, wine country,  More

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Reviews for Monterey    21 Reviews

Over 7 years ago

The Monterey city area is an excellent place to live and one of the few California locales where it's relatively safe to raise a family. If I could no longer live here I  More

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I grew up on the Monterey Peninsula and had to leave to climb out of poverty. The median income is $35,000 and outside of the military, the jobs are mostly service  More

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My husband and I are just crazy about Monterey. I wonder if we take housing expenses (mortgage or rent) out of the picture, is Monterey still a very expensive city to  More

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ZIPS IN SAN LUIS OBISPO, CALIFORNIA
93405 93401
ZIPS IN MONTEREY, CALIFORNIA
93940 93943

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