GITNUX MARKETDATA REPORT 2024

Statistics About The Most Affordable Place To Live In California

The most affordable place to live in California has an average monthly rent of $1,200 and a median household income of $50,000.

In this post, we will explore the most affordable places to live in California based on key statistics. From cities with below-average costs of living to areas with affordable housing options, we will highlight various locations that offer a cost-effective lifestyle in the Golden State. Explore which cities stand out for their affordability and quality of life for residents looking to make the most of their budget.

Statistic 1

"Suisun is the most affordable city in California, with a cost of living index of 100.7."

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Statistic 2

"In Taft, California, the cost of living is 35.7% less than the California average."

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Statistic 3

"Imperial, among the cheapest cities in California, has a median home value of $230,000."

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Statistic 4

"In Clearlake, 60% of the residents are homeowners, and the public schools are above average."

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Statistic 5

"Around 34% of people in Clearlake, California are renting their homes."

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Statistic 6

"The cost of living index in Barstow is 85.3, compared to the U.S. average of 100."

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Statistic 7

"The unemployment rate in Barstow is 7.0%, slightly higher than the US average of 6.0%."

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Statistic 8

"Ridgecrest has a cost of living index of 81.8, considerably lower than the California average."

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Statistic 9

"The city of Ramona, California has a median home value of $557,200, offering more affordability compared to the high-cost areas in the state."

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Statistic 10

"The city of Paradise has a cost of living that is 17.5% lower than the U.S. average."

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Statistic 11

"The unemployment rate in Paradise is lower than the national average at 5.60%."

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Statistic 12

"The median home price in Coalinga is $225,000."

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Statistic 13

"The cost of living index in Los Banos is 99.6, slightly below the US average."

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Based on the statistics analyzed, cities such as Suisun, Taft, Imperial, Clearlake, Barstow, Ridgecrest, Ramona, and Paradise stand out as some of the most affordable places to live in California. These areas offer lower costs of living, affordable median home values, and in some cases, lower unemployment rates compared to state and national averages. Residents in these cities benefit from a more budget-friendly lifestyle while still enjoying the California living experience.

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