Housing costs in Bakersfield?
A typical home costs
$300,800, which is 11.0% less expensive than the national average of
$338,100 and 59.0% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Bakersfield costs
$1,130 per month, which is 47.4% cheaper than the national average of
$2,150 and close to the state average of
$1,140.
Can I afford Bakersfield?
To live comfortably in Bakersfield (zip 93306), California, a minimum annual income of
$57,600 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Bakersfield?
The cost of living in 93306 Bakersfield, CA is relatively low compared to other cities in the United States. The overall cost of living index is 88% lower than the national average, meaning that residents can enjoy a high quality of life while still stretching their dollar further. In particular, housing costs are very affordable with a median home value of $247,800 and median rent at around $1,195. Additionally, transportation costs are low due to the prevalence of public transportation and expansive roadways for driving. Grocery stores often offer competitive prices on food items and other goods, making everyday expenses more manageable as well. Overall, the cost of living in 93306 Bakersfield, CA is very reasonable and provides a great opportunity for residents to save money while enjoying all that the city has to offer.