Cost of living in Piedmont 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 Piedmont 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 Piedmont is 291, with 100 being the average.
The cost of living index in Piedmont is 2.9x higher than the national average.
Piedmont ranks as the #622 cheapest in California out of 635.
Piedmont ranks as the #6,398 cheapest out of 6,412 in the US.
The median home value in Piedmont is $2,000,001.
The median income in Piedmont is $250,001.
According to the most recent data on the cost of living, Piedmont has an overall cost of living index of 291, which is 2.9x higher than the national index of 100.
Compared to California, Piedmont has a cost of living index that's 2.1x higher than California's index of 139.
The standard of living in Piedmont ranks as #622 most affordable out of the 635 places we measured in California. By definition, that implies Piedmont ranks as the #13 most expensive place in the Golden State.
For more reading on life in Piedmont, check out:
Six factors go into calculating the cost of living index in Piedmont. Here is how it fairs on each of the criteria:
The Services index in Piedmont is 119.
The Groceries index in Piedmont is 134.
The Health index in Piedmont is 122.
The Housing index in Piedmont is 681.
The Transportation index in Piedmont is 146.
The Utilities index in Piedmont is 137.
|Living Expense||Piedmont||California||National Average|
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 Piedmont is $2,000,001.
The Median Rent in Piedmont is $3,501.
The Median Income in Piedmont is $250,001.
The Home Value To Income in Piedmont is 8.0x.
The Rent To Monthly Income in Piedmont is 0.17x.
|Median Home Value||$2,000,001||$573,200||$244,900|
|Home Value To Income||8.0x||6.8x||3.5x|
|Rent To Monthly Income||0.17x||0.24x||0.2x|
The cost of living varies in the cities and towns around Piedmont. Here's a quick look at the cost of living in the most populous nearby places:
Oakland, CA has a cost of living index of 157, 0.5x Piedmont.
Berkeley, CA has a cost of living index of 194, 0.7x Piedmont.
San Mateo, CA has a cost of living index of 205, 0.7x Piedmont.
|City||Population||Cost Of Living||Vs. Piedmont|
|San Mateo, CA||105,087||205||0.7x|
|San Ramon, CA||85,688||201||0.7x|
|Mountain View, CA||82,409||220||0.8x|
|South San Francisco, CA||66,331||182||0.6x|
|San Bruno, CA||43,775||184||0.6x|
|San Lorenzo, CA||30,420||151||0.5x|