Cost of living in San Martin 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 San Martin 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 San Martin is 214, with 100 being the average.
The cost of living index in San Martin is 2.1x higher than the national average.
San Martin ranks as the #553 cheapest in California out of 634.
San Martin ranks as the #6,370 cheapest out of 6,489 in the US.
The median home value in San Martin is $1,550,639.
The median income in San Martin is $156,292.
According to the most recent data on the cost of living, San Martin has an overall cost of living index of 214, which is 2.1x higher than the national index of 100.
Compared to California, San Martin has a cost of living index that's 1.5x higher than California's index of 141.
The standard of living in San Martin ranks as #553 most affordable out of the 634 places we measured in California. By definition, that implies San Martin ranks as the #81 most expensive place in the Golden State.
For more reading on life in San Martin, check out:
Six factors go into calculating the cost of living index in San Martin. Here is how it fairs on each of the criteria:
The Services index in San Martin is 110.
The Groceries index in San Martin is 117.
The Health index in San Martin is 121.
The Housing index in San Martin is 438.
The Transportation index in San Martin is 129.
The Utilities index in San Martin is 131.
| Living Expense | San Martin | California | National Average | |
|---|---|---|---|---|
| Overall | 214 | 141 | 100 | |
| Services | 110 | 110 | 100 | |
| Groceries | 117 | 112 | 100 | |
| Health | 121 | 110 | 100 | |
| Housing | 438 | 195 | 100 | |
| Transportation | 129 | 125 | 100 | |
| Utilities | 131 | 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 San Martin is $1,550,639.
The Median Rent in San Martin is $2,332.
The Median Income in San Martin is $156,292.
The Home Value To Income in San Martin is 9.9x.
The Rent To Monthly Income in San Martin is 0.18x.
| Statistic | San Martin | California | United States |
|---|---|---|---|
| Median Home Value | $1,550,639 | $763,287 | $303,400 |
| Median Rent | $2,332 | $1,956 | $1,348 |
| Median Income | $156,292 | $96,334 | $78,538 |
| Home Value To Income | 9.9x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.24x | 0.21x |
| Item | San Martin | 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 | San Martin | 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 | San Martin | California |
|---|---|---|
| Optometrist | $158.95 | $125.68 |
| Doctor | $194.05 | $135.78 |
| Dentist | $147.78 | $113.29 |
| Item | San Martin | California |
|---|---|---|
| Gasoline | $4.81 | $3.46 |
| Tire Balancing | $65.62 | $59.92 |
| Item | San Martin | California |
|---|---|---|
| All Electricity | $294.74 | $193.99 |
| Phone | $190.07 | $192.25 |
The cost of living varies in the cities and towns around San Martin. 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 San Martin.
Gilroy, CA has a cost of living index of 183, 0.9x San Martin.
Watsonville, CA has a cost of living index of 152, 0.7x San Martin.
| City | Population | Cost Of Living | Vs. San Martin |
|---|---|---|---|
| San Jose, CA | 990,054 | 209 | 1.0x |
| Gilroy, CA | 58,561 | 183 | 0.9x |
| Watsonville, CA | 51,968 | 152 | 0.7x |
| Morgan Hill, CA | 45,152 | 201 | 0.9x |
| Hollister, CA | 43,003 | 157 | 0.7x |
| Prunedale, CA | 19,286 | 165 | 0.8x |
| Rio del Mar, CA | 8,938 | 214 | 1.0x |
| Interlaken, CA | 8,191 | 163 | 0.8x |
| Aptos, CA | 6,124 | 196 | 0.9x |