Folsom, CA Cost Of Living
Cost Of Living In Folsom, CA Summary
Cost of living in Folsom 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 Folsom 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 Folsom is 157, with 100 being the average.
The cost of living index in Folsom is 1.6x higher than the national average.
Folsom ranks as the #356 cheapest in California out of 634.
Folsom ranks as the #5,839 cheapest out of 6,489 in the US.
The median home value in Folsom is $758,685.
The median income in Folsom is $139,263.
Table Of Contents
Folsom's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Folsom, CA?
According to the most recent data on the cost of living, Folsom has an overall cost of living index of 157, which is 1.6x higher than the national index of 100.
Compared to California, Folsom has a cost of living index that's 1.1x higher than California's index of 141.
The standard of living in Folsom ranks as #356 most affordable out of the 634 places we measured in California. By definition, that implies Folsom ranks as the #278 most expensive place in the Golden State.
For more reading on life in Folsom, check out:
In California
In America
Folsom Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Folsom. Here is how it fairs on each of the criteria:
The Services index in Folsom is 110.
The Groceries index in Folsom is 108.
The Health index in Folsom is 113.
The Housing index in Folsom is 268.
The Transportation index in Folsom is 121.
The Utilities index in Folsom is 116.
| Living Expense | Folsom | California | National Average | |
|---|---|---|---|---|
| Overall | 157 | 141 | 100 | |
| Services | 110 | 110 | 100 | |
| Groceries | 108 | 112 | 100 | |
| Health | 113 | 110 | 100 | |
| Housing | 268 | 195 | 100 | |
| Transportation | 121 | 125 | 100 | |
| Utilities | 116 | 128 | 100 | |
Folsom, 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 Folsom is $758,685.
The Median Rent in Folsom is $2,279.
The Median Income in Folsom is $139,263.
The Home Value To Income in Folsom is 5.4x.
The Rent To Monthly Income in Folsom is 0.2x.
| Statistic | Folsom | California | United States |
|---|---|---|---|
| Median Home Value | $758,685 | $763,287 | $303,400 |
| Median Rent | $2,279 | $1,956 | $1,348 |
| Median Income | $139,263 | $96,334 | $78,538 |
| Home Value To Income | 5.4x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Folsom, CA Costs By Category
Detailed Folsom Services Costs Vs. California
| Item | Folsom | 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 Folsom Groceries Costs Vs. California
| Item | Folsom | 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 Folsom Health Costs Vs. California
| Item | Folsom | California |
|---|---|---|
| Optometrist | $153.5 | $125.68 |
| Doctor | $201.43 | $135.78 |
| Dentist | $115.72 | $113.29 |
Detailed Folsom Transportation Costs Vs. California
| Item | Folsom | California |
|---|---|---|
| Gasoline | $4.51 | $3.46 |
| Tire Balancing | $58.67 | $59.92 |
Detailed Folsom Utilities Costs Vs. California
| Item | Folsom | California |
|---|---|---|
| All Electricity | $238.53 | $193.99 |
| Phone | $190.81 | $192.25 |
Folsom SnackAbility
/10
Cost Of Living In Cities Around Folsom
The cost of living varies in the cities and towns around Folsom. 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 Folsom.
Rancho Cordova, CA has a cost of living index of 126, 0.8x Folsom.
Carmichael, CA has a cost of living index of 136, 0.9x Folsom.
| City | Population | Cost Of Living | Vs. Folsom |
|---|---|---|---|
| Citrus Heights, CA | 87,036 | 127 | 0.8x |
| 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 | 1.1x |
| Antelope, CA | 49,080 | 132 | 0.8x |
| Vineyard, CA | 42,645 | 136 | 0.9x |
| Orangevale, CA | 35,219 | 138 | 0.9x |
| Fair Oaks, CA | 32,030 | 150 | 1.0x |
| Rosemont, CA | 23,448 | 128 | 0.8x |
