Granite Bay, CA Cost Of Living
Cost Of Living In Granite Bay, CA Summary
Cost of living in Granite 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 Granite 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 Granite Bay is 171, with 100 being the average.
The cost of living index in Granite Bay is 1.7x higher than the national average.
Granite Bay ranks as the #510 cheapest in California out of 635.
Granite Bay ranks as the #6,135 cheapest out of 6,412 in the US.
The median home value in Granite Bay is $895,800.
The median income in Granite Bay is $161,557.
Table Of Contents
Granite Bay's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Granite Bay, CA?
According to the most recent data on the cost of living, Granite Bay has an overall cost of living index of 171, which is 1.7x higher than the national index of 100.
Compared to California, Granite Bay has a cost of living index that's 1.2x higher than California's index of 139.
The standard of living in Granite Bay ranks as #510 most affordable out of the 635 places we measured in California. By definition, that implies Granite Bay ranks as the #125 most expensive place in the Golden State.
For more reading on life in Granite Bay, check out:
- Living In Granite Bay
- Search Homes For Sale In Granite Bay, CA
In California
In America
Granite Bay Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Granite Bay. Here is how it fairs on each of the criteria:
The Services index in Granite Bay is 118.
The Groceries index in Granite Bay is 108.
The Health index in Granite Bay is 120.
The Housing index in Granite Bay is 304.
The Transportation index in Granite Bay is 134.
The Utilities index in Granite Bay is 111.
| Living Expense | Granite Bay | California | National Average | |
|---|---|---|---|---|
| Overall | 171 | 139 | 100 | |
| Services | 118 | 110 | 100 | |
| Groceries | 108 | 112 | 100 | |
| Health | 120 | 109 | 100 | |
| Housing | 304 | 204 | 100 | |
| Transportation | 134 | 126 | 100 | |
| Utilities | 111 | 124 | 100 | |
Granite Bay, 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 2017-2021. The key points are:
The Median Home Value in Granite Bay is $895,800.
The Median Rent in Granite Bay is $1,939.
The Median Income in Granite Bay is $161,557.
The Home Value To Income in Granite Bay is 5.5x.
The Rent To Monthly Income in Granite Bay is 0.14x.
| Statistic | Granite Bay | California | United States |
|---|---|---|---|
| Median Home Value | $895,800 | $573,200 | $244,900 |
| Median Rent | $1,939 | $1,698 | $1,163 |
| Median Income | $161,557 | $84,097 | $69,021 |
| Home Value To Income | 5.5x | 6.8x | 3.5x |
| Rent To Monthly Income | 0.14x | 0.24x | 0.2x |
Median Home Value
Median Rent
Median Income
Granite Bay, CA Costs By Category
Detailed Granite Bay Services Costs Vs. California
| Item | Granite Bay | California |
|---|---|---|
| Shampoo | $1.24 | $1.06 |
| Movie | $13.93 | $10.68 |
| Bowling | $20.08 | $14.67 |
| Haircut | $24.02 | $18.62 |
| Beauty Salon | $62.28 | $39.05 |
Detailed Granite Bay Groceries Costs Vs. California
| Item | Granite Bay | California |
|---|---|---|
| Ground Beef | $5.05 | $4.22 |
| Fried Chicken | $1.31 | $1.39 |
| Milk | $2.66 | $2.05 |
| Potatoes | $3.2 | $3.29 |
| Pizza | $17.03 | $10.62 |
| Beer | $9.52 | $9.38 |
| Toothpaste | $2.79 | $2.34 |
Detailed Granite Bay Health Costs Vs. California
| Item | Granite Bay | California |
|---|---|---|
| Optometrist | $148.5 | $108.57 |
| Doctor | $194.75 | $116.17 |
| Dentist | $94.8 | $99.13 |
Detailed Granite Bay Transportation Costs Vs. California
| Item | Granite Bay | California |
|---|---|---|
| Gasoline | $3.24 | $2.22 |
| Tire Balancing | $51.87 | $50.07 |
Detailed Granite Bay Utilities Costs Vs. California
| Item | Granite Bay | California |
|---|---|---|
| All Electricity | $192.37 | $167.67 |
| Phone | $186.51 | $175.64 |
Granite Bay SnackAbility
/10
Cost Of Living In Cities Around Granite Bay
The cost of living varies in the cities and towns around Granite Bay. Here's a quick look at the cost of living in the most populous nearby places:
Roseville, CA has a cost of living index of 134, 0.8x Granite Bay.
Citrus Heights, CA has a cost of living index of 117, 0.7x Granite Bay.
Folsom, CA has a cost of living index of 144, 0.8x Granite Bay.
| City | Population | Cost Of Living | Vs. Granite Bay |
|---|---|---|---|
| Roseville, CA | 145,687 | 134 | 0.8x |
| Citrus Heights, CA | 87,521 | 117 | 0.7x |
| Folsom, CA | 79,201 | 144 | 0.8x |
| Rocklin, CA | 70,317 | 137 | 0.8x |
| El Dorado Hills, CA | 48,612 | 163 | 1.0x |
| Antelope, CA | 48,421 | 125 | 0.7x |
| Orangevale, CA | 35,729 | 131 | 0.8x |
| Fair Oaks, CA | 31,750 | 134 | 0.8x |
| Rosemont, CA | 24,343 | 117 | 0.7x |
| La Riviera, CA | 11,723 | 120 | 0.7x |
