Fair Oaks, CA Cost Of Living
Cost Of Living In Fair Oaks, CA Summary
Cost of living in Fair Oaks 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 Fair Oaks 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 Fair Oaks is 150, with 100 being the average.
The cost of living index in Fair Oaks is 1.5x higher than the national average.
Fair Oaks ranks as the #318 cheapest in California out of 634.
Fair Oaks ranks as the #5,692 cheapest out of 6,489 in the US.
The median home value in Fair Oaks is $607,322.
The median income in Fair Oaks is $111,332.
Table Of Contents
Fair Oaks's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Fair Oaks, CA?
According to the most recent data on the cost of living, Fair Oaks has an overall cost of living index of 150, which is 1.5x higher than the national index of 100.
Compared to California, Fair Oaks has a cost of living index that's 1.1x higher than California's index of 141.
The standard of living in Fair Oaks ranks as #318 most affordable out of the 634 places we measured in California. By definition, that implies Fair Oaks ranks as the #316 most expensive place in the Golden State.
For more reading on life in Fair Oaks, check out:
In California
In America
Fair Oaks Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Fair Oaks. Here is how it fairs on each of the criteria:
The Services index in Fair Oaks is 109.
The Groceries index in Fair Oaks is 108.
The Health index in Fair Oaks is 114.
The Housing index in Fair Oaks is 236.
The Transportation index in Fair Oaks is 121.
The Utilities index in Fair Oaks is 112.
| Living Expense | Fair Oaks | California | National Average | |
|---|---|---|---|---|
| Overall | 150 | 141 | 100 | |
| Services | 109 | 110 | 100 | |
| Groceries | 108 | 112 | 100 | |
| Health | 114 | 110 | 100 | |
| Housing | 236 | 195 | 100 | |
| Transportation | 121 | 125 | 100 | |
| Utilities | 112 | 128 | 100 | |
Fair Oaks, CA Housing Cost Breakdown
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 2019-2023. The key points are:
The Median Home Value in Fair Oaks is $607,322.
The Median Rent in Fair Oaks is $1,797.
The Median Income in Fair Oaks is $111,332.
The Home Value To Income in Fair Oaks is 5.5x.
The Rent To Monthly Income in Fair Oaks is 0.19x.
| Statistic | Fair Oaks | California | United States |
|---|---|---|---|
| Median Home Value | $607,322 | $763,287 | $303,400 |
| Median Rent | $1,797 | $1,956 | $1,348 |
| Median Income | $111,332 | $96,334 | $78,538 |
| Home Value To Income | 5.5x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Fair Oaks, CA Costs By Category
Detailed Fair Oaks Services Costs Vs. California
| Item | Fair Oaks | California |
|---|---|---|
| Shampoo | $1.44 | $1.28 |
| Movie | $13.76 | $12.13 |
| Bowling | $22.22 | $18 |
| Haircut | $40.0 | $24.26 |
| Beauty Salon | $60.53 | $45.56 |
Detailed Fair Oaks Groceries Costs Vs. California
| Item | Fair Oaks | California |
|---|---|---|
| Ground Beef | $5.56 | $5.84 |
| Fried Chicken | $2.06 | $1.57 |
| Milk | $4.93 | $4.67 |
| Potatoes | $4.69 | $4.93 |
| Pizza | $13.98 | $12.09 |
| Beer | $10.49 | $10.41 |
| Toothpaste | $3.67 | $3.7 |
Detailed Fair Oaks Health Costs Vs. California
| Item | Fair Oaks | California |
|---|---|---|
| Optometrist | $153.5 | $125.68 |
| Doctor | $201.43 | $135.78 |
| Dentist | $115.72 | $113.29 |
Detailed Fair Oaks Transportation Costs Vs. California
| Item | Fair Oaks | California |
|---|---|---|
| Gasoline | $4.51 | $3.46 |
| Tire Balancing | $58.67 | $59.92 |
Detailed Fair Oaks Utilities Costs Vs. California
| Item | Fair Oaks | California |
|---|---|---|
| All Electricity | $238.53 | $193.99 |
| Phone | $190.81 | $192.25 |
Fair Oaks SnackAbility
/10
Cost Of Living In Cities Around Fair Oaks
The cost of living varies in the cities and towns around Fair Oaks. Here's a quick look at the cost of living in the most populous nearby places:
Citrus Heights, CA has a cost of living index of 127, 0.8x Fair Oaks.
Folsom, CA has a cost of living index of 157, 1.0x Fair Oaks.
Rancho Cordova, CA has a cost of living index of 126, 0.8x Fair Oaks.
| City | Population | Cost Of Living | Vs. Fair Oaks |
|---|---|---|---|
| Citrus Heights, CA | 87,036 | 127 | 0.8x |
| Folsom, CA | 82,140 | 157 | 1.0x |
| Rancho Cordova, CA | 80,656 | 126 | 0.8x |
| Carmichael, CA | 78,070 | 136 | 0.9x |
| Rocklin, CA | 72,340 | 155 | 1.0x |
| El Dorado Hills, CA | 50,553 | 173 | 1.2x |
| Antelope, CA | 49,080 | 132 | 0.9x |
| North Highlands, CA | 47,900 | 115 | 0.8x |
| Vineyard, CA | 42,645 | 136 | 0.9x |
| Foothill Farms, CA | 37,332 | 119 | 0.8x |
