Zip 94703 (Berkeley, CA) Cost of Living


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Berkeley cost of living score
195.5
More expensive
95.5% higher
than the US average
30.4% higher
than the California average
Berkeley (zip 94703), California gets a BestPlaces Cost of Living score of 195.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 95.5% higher than the U.S. average and 30.4% lower than the average for California.

Zip 94703 (Berkeley, CA)

Housing costs in Berkeley?
A typical home costs $1,214,100, which is 259.1% more expensive than the national average of $338,100 and 65.5% more expensive than the average California home, at $733,500. Renting a two-bedroom unit in Berkeley costs $2,430 per month, which is 13.0% more than the national average of $2,150 and 11.9% cheaper than the state average of $2,720.

Can I afford Berkeley?
To live comfortably in Berkeley (zip 94703), California, a minimum annual income of $232,560 for a family, and $79,600 for a single person is recommended.

What does A.I. say about Berkeley?
Berkeley, California is an expensive place to live. The median house value in 94703 Berkeley, CA is $1.2141e+006, more than three times the U.S. average of $338,100. This high housing cost is mirrored by an even higher cost of living in this area, which stands at 228.3 – significantly higher than the national average of 100. People considering relocating to this area should be aware that the cost of living and home values are substantially higher than much of the rest of country.
   Cost of living score
     CategoriesBerkeleyCaliforniaUnited States
  195.5149.9100.0
  113.5105.1100
  116.898.3100.0
  485.9234.8100.0
  $1,214,100$733,500$338,100
  91.3%102.4%100.0%
  120.8133.1100.0
  159.3118.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime