Zip 93405 (San Luis Obispo, CA) Cost of Living


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How much do I need to live in San Luis Obispo, California?
$14,310 / month
for a family, 165.0% more expensive than the national average A total of $171,720 for the year for a family.
$6,233 / month
for a single person, 30.8% more expensive than the national average A total of $74,800 for the year for a single person.

San Luis Obispo cost of living score
146.1
More expensive
46.1% higher
than the US average
2.5% lower
than the California average
San Luis Obispo (zip 93405), California gets a BestPlaces Cost of Living score of 146.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 46.1% higher than the U.S. average and 2.5% higher than the average for California.

Zip 93405 (San Luis Obispo, CA)

Housing costs in San Luis Obispo?
A typical home costs $896,700, which is 165.2% more expensive than the national average of $338,100 and 22.2% more expensive than the average California home, at $733,500. Renting a two-bedroom unit in San Luis Obispo costs $2,460 per month, which is 14.4% more than the national average of $2,150 and 16.3% more than the state average of $2,060.

Can I afford San Luis Obispo?
To live comfortably in San Luis Obispo (zip 93405), California, a minimum annual income of $171,720 for a family, and $74,800 for a single person is recommended.

What does A.I. say about San Luis Obispo?
The cost of living in 93405 San Luis Obispo, CA is quite high. The median home price in this area is over $700,000 which is significantly higher than the national average. However, the wages and salaries here are also higher than most other parts of the country making it a relatively affordable place to live. Additionally, the sales tax rate in San Luis Obispo County is 7.25% which is lower than many other places in California while utilities tend to be rather low compared to some of its neighboring cities. All in all, San Luis Obispo can be considered an expensive place to live but one that offers plenty of opportunities for those willing to put in the effort.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSan Luis ObispoCaliforniaUnited States
    Unlock149.9100.0
  109.7  Unlock100.0
    Unlock98.3100.0
  291.2  Unlock100.0
    Unlock$733,500$338,100
  92.8  Unlock100.0
    Unlock133.1100.0
  144.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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