Cost of living in Gold River 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 Gold River 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 Gold River is 156, with 100 being the average.
The cost of living index in Gold River is 1.6x higher than the national average.
Gold River ranks as the #350 cheapest in California out of 634.
Gold River ranks as the #5,823 cheapest out of 6,489 in the US.
The median home value in Gold River is $748,798.
The median income in Gold River is $166,250.
According to the most recent data on the cost of living, Gold River has an overall cost of living index of 156, which is 1.6x higher than the national index of 100.
Compared to California, Gold River has a cost of living index that's 1.1x higher than California's index of 141.
The standard of living in Gold River ranks as #350 most affordable out of the 634 places we measured in California. By definition, that implies Gold River ranks as the #284 most expensive place in the Golden State.
For more reading on life in Gold River, check out:
Six factors go into calculating the cost of living index in Gold River. Here is how it fairs on each of the criteria:
The Services index in Gold River is 108.
The Groceries index in Gold River is 109.
The Health index in Gold River is 112.
The Housing index in Gold River is 263.
The Transportation index in Gold River is 123.
The Utilities index in Gold River is 116.
| Living Expense | Gold River | California | National Average | |
|---|---|---|---|---|
| Overall | 156 | 141 | 100 | |
| Services | 108 | 110 | 100 | |
| Groceries | 109 | 112 | 100 | |
| Health | 112 | 110 | 100 | |
| Housing | 263 | 195 | 100 | |
| Transportation | 123 | 125 | 100 | |
| Utilities | 116 | 128 | 100 | |
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 Gold River is $748,798.
The Median Rent in Gold River is $2,528.
The Median Income in Gold River is $166,250.
The Home Value To Income in Gold River is 4.5x.
The Rent To Monthly Income in Gold River is 0.18x.
| Statistic | Gold River | California | United States |
|---|---|---|---|
| Median Home Value | $748,798 | $763,287 | $303,400 |
| Median Rent | $2,528 | $1,956 | $1,348 |
| Median Income | $166,250 | $96,334 | $78,538 |
| Home Value To Income | 4.5x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.24x | 0.21x |
| Item | Gold River | 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 |
| Item | Gold River | 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 |
| Item | Gold River | California |
|---|---|---|
| Optometrist | $153.5 | $125.68 |
| Doctor | $201.43 | $135.78 |
| Dentist | $115.72 | $113.29 |
| Item | Gold River | California |
|---|---|---|
| Gasoline | $4.51 | $3.46 |
| Tire Balancing | $58.67 | $59.92 |
| Item | Gold River | California |
|---|---|---|
| All Electricity | $238.53 | $193.99 |
| Phone | $190.81 | $192.25 |
The cost of living varies in the cities and towns around Gold River. Here's a quick look at the cost of living in the most populous nearby places:
Arden-Arcade, CA has a cost of living index of 134, 0.9x Gold River.
Citrus Heights, CA has a cost of living index of 127, 0.8x Gold River.
Folsom, CA has a cost of living index of 157, 1.0x Gold River.
| City | Population | Cost Of Living | Vs. Gold River |
|---|---|---|---|
| Arden-Arcade, CA | 96,319 | 134 | 0.9x |
| 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 | 1.1x |
| Antelope, CA | 49,080 | 132 | 0.8x |
| Vineyard, CA | 42,645 | 136 | 0.9x |
| Foothill Farms, CA | 37,332 | 119 | 0.8x |