Cost of living in Milpitas 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 Milpitas 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 Milpitas is 213, with 100 being the average.
The cost of living index in Milpitas is 2.1x higher than the national average.
Milpitas ranks as the #549 cheapest in California out of 634.
Milpitas ranks as the #6,366 cheapest out of 6,489 in the US.
The median home value in Milpitas is $1,431,087.
The median income in Milpitas is $176,822.
According to the most recent data on the cost of living, Milpitas has an overall cost of living index of 213, which is 2.1x higher than the national index of 100.
Compared to California, Milpitas has a cost of living index that's 1.5x higher than California's index of 141.
The standard of living in Milpitas ranks as #549 most affordable out of the 634 places we measured in California. By definition, that implies Milpitas ranks as the #85 most expensive place in the Golden State.
For more reading on life in Milpitas, check out:
Six factors go into calculating the cost of living index in Milpitas. Here is how it fairs on each of the criteria:
The Services index in Milpitas is 108.
The Groceries index in Milpitas is 114.
The Health index in Milpitas is 124.
The Housing index in Milpitas is 436.
The Transportation index in Milpitas is 130.
The Utilities index in Milpitas is 133.
| Living Expense | Milpitas | California | National Average | |
|---|---|---|---|---|
| Overall | 213 | 141 | 100 | |
| Services | 108 | 110 | 100 | |
| Groceries | 114 | 112 | 100 | |
| Health | 124 | 110 | 100 | |
| Housing | 436 | 195 | 100 | |
| Transportation | 130 | 125 | 100 | |
| Utilities | 133 | 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 Milpitas is $1,431,087.
The Median Rent in Milpitas is $3,112.
The Median Income in Milpitas is $176,822.
The Home Value To Income in Milpitas is 8.1x.
The Rent To Monthly Income in Milpitas is 0.21x.
| Statistic | Milpitas | California | United States |
|---|---|---|---|
| Median Home Value | $1,431,087 | $763,287 | $303,400 |
| Median Rent | $3,112 | $1,956 | $1,348 |
| Median Income | $176,822 | $96,334 | $78,538 |
| Home Value To Income | 8.1x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.24x | 0.21x |
| Item | Milpitas | California |
|---|---|---|
| Shampoo | $1.66 | $1.28 |
| Movie | $13.31 | $12.13 |
| Bowling | $33.3 | $18 |
| Haircut | $33.94 | $24.26 |
| Beauty Salon | $48.51 | $45.56 |
| Item | Milpitas | California |
|---|---|---|
| Ground Beef | $5.79 | $5.84 |
| Fried Chicken | $2.13 | $1.57 |
| Milk | $5.05 | $4.67 |
| Potatoes | $4.77 | $4.93 |
| Pizza | $14.92 | $12.09 |
| Beer | $10.99 | $10.41 |
| Toothpaste | $3.72 | $3.7 |
| Item | Milpitas | California |
|---|---|---|
| Optometrist | $158.95 | $125.68 |
| Doctor | $194.05 | $135.78 |
| Dentist | $147.78 | $113.29 |
| Item | Milpitas | California |
|---|---|---|
| Gasoline | $4.81 | $3.46 |
| Tire Balancing | $65.62 | $59.92 |
| Item | Milpitas | California |
|---|---|---|
| All Electricity | $294.74 | $193.99 |
| Phone | $190.07 | $192.25 |
The cost of living varies in the cities and towns around Milpitas. Here's a quick look at the cost of living in the most populous nearby places:
San Jose, CA has a cost of living index of 209, 1.0x Milpitas.
Fremont, CA has a cost of living index of 221, 1.0x Milpitas.
Sunnyvale, CA has a cost of living index of 266, 1.2x Milpitas.
| City | Population | Cost Of Living | Vs. Milpitas |
|---|---|---|---|
| San Jose, CA | 990,054 | 209 | 1.0x |
| Fremont, CA | 228,518 | 221 | 1.0x |
| Sunnyvale, CA | 153,455 | 266 | 1.2x |
| Santa Clara, CA | 129,239 | 234 | 1.1x |
| Pleasanton, CA | 77,500 | 226 | 1.1x |
| Dublin, CA | 70,542 | 218 | 1.0x |
| Cupertino, CA | 58,886 | 326 | 1.5x |
| Newark, CA | 47,145 | 198 | 0.9x |
| Menlo Park, CA | 32,775 | 334 | 1.6x |
| Los Altos, CA | 30,736 | 339 | 1.6x |