Cost of living in Discovery Bay research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Discovery Bay is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Discovery Bay is 154, with 100 being the average.
The cost of living index in Discovery Bay is 1.5x higher than the national average.
Discovery Bay ranks as the #434 cheapest in California out of 635.
Discovery Bay ranks as the #5,915 cheapest out of 6,412 in the US.
The median home value in Discovery Bay is $675,400.
The median income in Discovery Bay is $138,576.
According to the most recent data on the cost of living, Discovery Bay has an overall cost of living index of 154, which is 1.5x higher than the national index of 100.
Compared to California, Discovery Bay has a cost of living index that's 1.1x higher than California's index of 139.
The standard of living in Discovery Bay ranks as #434 most affordable out of the 635 places we measured in California. By definition, that implies Discovery Bay ranks as the #201 most expensive place in the Golden State.
For more reading on life in Discovery Bay, check out:
Six factors go into calculating the cost of living index in Discovery Bay. Here is how it fairs on each of the criteria:
The Services index in Discovery Bay is 106.
The Groceries index in Discovery Bay is 115.
The Health index in Discovery Bay is 97.
The Housing index in Discovery Bay is 245.
The Transportation index in Discovery Bay is 126.
The Utilities index in Discovery Bay is 144.
|Living Expense||Discovery Bay||California||National Average|
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Discovery Bay is $675,400.
The Median Rent in Discovery Bay is $2,724.
The Median Income in Discovery Bay is $138,576.
The Home Value To Income in Discovery Bay is 4.9x.
The Rent To Monthly Income in Discovery Bay is 0.24x.
|Statistic||Discovery Bay||California||United States|
|Median Home Value||$675,400||$573,200||$244,900|
|Home Value To Income||4.9x||6.8x||3.5x|
|Rent To Monthly Income||0.24x||0.24x||0.2x|
The cost of living varies in the cities and towns around Discovery Bay. Here's a quick look at the cost of living in the most populous nearby places:
Antioch, CA has a cost of living index of 126, 0.8x Discovery Bay.
Tracy, CA has a cost of living index of 133, 0.9x Discovery Bay.
Livermore, CA has a cost of living index of 171, 1.1x Discovery Bay.
|City||Population||Cost Of Living||Vs. Discovery Bay|
|Mountain House, CA||23,132||154||1.0x|