Zip 93943 (Monterey, CA) Cost of Living


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How much do I need to live in Monterey, California?
$13,920 / month
for a family, 157.8% more expensive than the national average A total of $167,040 for the year for a family.
$7,367 / month
for a single person, 54.5% more expensive than the national average A total of $88,400 for the year for a single person.

Monterey cost of living score
151.9
More expensive
51.9% higher
than the US average
1.3% higher
than the California average
Monterey (zip 93943), California gets a BestPlaces Cost of Living score of 151.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 51.9% higher than the U.S. average and 1.3% lower than the average for California.

Zip 93943 (Monterey, CA)

Housing costs in Monterey?
A typical home costs $871,600, which is 157.8% more expensive than the national average of $338,100 and 18.8% more expensive than the average California home, at $733,500. Renting a two-bedroom unit in Monterey costs $2,700 per month, which is 25.6% more than the national average of $2,150 and close to the state average of $2,680.

Can I afford Monterey?
To live comfortably in Monterey (zip 93943), California, a minimum annual income of $167,040 for a family, and $88,400 for a single person is recommended.

What does A.I. say about Monterey?
The cost of living in 93943 Monterey, CA is relatively high compared to other areas. The median home price in this area is around $875,000 and the median rent for a one-bedroom apartment is $2,617. In addition, transportation costs can be higher than average due to the distance from larger cities such as San Francisco and Los Angeles. Despite these costs, Monterey has a lot to offer with its scenic beauty and bustling coastal city life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMontereyCaliforniaUnited States
    Unlock149.9100.0
  107.1  Unlock100.0
    Unlock98.3100.0
  232.9  Unlock100.0
    Unlock$733,500$338,100
  87.5  Unlock100.0
    Unlock133.1100.0
  112.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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