According to the most recent data on the cost of living, Morro Bay has an overall cost of living index of 151 which is 1.5x higher than the national index of 100.
Compared to only California, Morro Bay has a cost of living index that's 1.1x higher than California's index of 140.
The standard of living in Morro Bay ranks as #5,858 most affordable out of the 6,522 places we measured in California. By definition, that implies Morro Bay ranks as the #548 most expensive place in the Golden State.
|Living Expense||Morro Bay||California||National Average|
Housing swings affordability the most between places in California, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.