Cost of living in North Fair Oaks 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 North Fair Oaks 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 North Fair Oaks is 214, with 100 being the average.
The cost of living index in North Fair Oaks is 2.1x higher than the national average.
North Fair Oaks ranks as the #553 cheapest in California out of 634.
North Fair Oaks ranks as the #6,370 cheapest out of 6,489 in the US.
The median home value in North Fair Oaks is $1,327,685.
The median income in North Fair Oaks is $106,690.
According to the most recent data on the cost of living, North Fair Oaks has an overall cost of living index of 214, which is 2.1x higher than the national index of 100.
Compared to California, North Fair Oaks has a cost of living index that's 1.5x higher than California's index of 141.
The standard of living in North Fair Oaks ranks as #553 most affordable out of the 634 places we measured in California. By definition, that implies North Fair Oaks ranks as the #81 most expensive place in the Golden State.
For more reading on life in North Fair Oaks, check out:
Six factors go into calculating the cost of living index in North Fair Oaks. Here is how it fairs on each of the criteria:
The Services index in North Fair Oaks is 108.
The Groceries index in North Fair Oaks is 117.
The Health index in North Fair Oaks is 122.
The Housing index in North Fair Oaks is 444.
The Transportation index in North Fair Oaks is 131.
The Utilities index in North Fair Oaks is 133.
| Living Expense | North Fair Oaks | California | National Average | |
|---|---|---|---|---|
| Overall | 214 | 141 | 100 | |
| Services | 108 | 110 | 100 | |
| Groceries | 117 | 112 | 100 | |
| Health | 122 | 110 | 100 | |
| Housing | 444 | 195 | 100 | |
| Transportation | 131 | 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 North Fair Oaks is $1,327,685.
The Median Rent in North Fair Oaks is $2,284.
The Median Income in North Fair Oaks is $106,690.
The Home Value To Income in North Fair Oaks is 12.4x.
The Rent To Monthly Income in North Fair Oaks is 0.26x.
| Statistic | North Fair Oaks | California | United States |
|---|---|---|---|
| Median Home Value | $1,327,685 | $763,287 | $303,400 |
| Median Rent | $2,284 | $1,956 | $1,348 |
| Median Income | $106,690 | $96,334 | $78,538 |
| Home Value To Income | 12.4x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.26x | 0.24x | 0.21x |
| Item | North Fair Oaks | 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 | North Fair Oaks | 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 | North Fair Oaks | California |
|---|---|---|
| Optometrist | $158.95 | $125.68 |
| Doctor | $194.05 | $135.78 |
| Dentist | $147.78 | $113.29 |
| Item | North Fair Oaks | California |
|---|---|---|
| Gasoline | $4.81 | $3.46 |
| Tire Balancing | $65.62 | $59.92 |
| Item | North Fair Oaks | California |
|---|---|---|
| All Electricity | $294.74 | $193.99 |
| Phone | $190.07 | $192.25 |
The cost of living varies in the cities and towns around North Fair Oaks. Here's a quick look at the cost of living in the most populous nearby places:
Sunnyvale, CA has a cost of living index of 266, 1.2x North Fair Oaks.
San Mateo, CA has a cost of living index of 248, 1.2x North Fair Oaks.
Cupertino, CA has a cost of living index of 326, 1.5x North Fair Oaks.
| City | Population | Cost Of Living | Vs. North Fair Oaks |
|---|---|---|---|
| Sunnyvale, CA | 153,455 | 266 | 1.2x |
| San Mateo, CA | 103,555 | 248 | 1.2x |
| Cupertino, CA | 58,886 | 326 | 1.5x |
| San Bruno, CA | 42,612 | 220 | 1.0x |
| Menlo Park, CA | 32,775 | 334 | 1.6x |
| Los Altos, CA | 30,736 | 339 | 1.6x |
| San Carlos, CA | 29,797 | 311 | 1.5x |
| San Lorenzo, CA | 29,453 | 170 | 0.8x |
| East Palo Alto, CA | 29,143 | 207 | 1.0x |
| Belmont, CA | 27,505 | 294 | 1.4x |