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But Borenstein has another theory for why the price of gas is so much higher in California. “California has way fewer off-brand stations like the Costcos and Safeways, but also the Rotten Robbie ...
New cars are more expensive, which means there's a higher cost to insure them, he said. Read more: A major auto insurer returns to California — with a 30% price hike
Thousands more workers left California for job opportunities in other states than moved into the state, according to a recent report. High housing costs were a major factor in the migration.
Generally, the Central Valley in Northern California is the least expensive area, as is the Inland Empire in Southern California, though prices in these regions are still much more expensive than most other areas of the country, to the point that there are also communities in these areas where housing prices average around the $1 million mark.
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The city is the second most expensive county in California for renters. A tenant must make a minimum $61.31 hourly wage in order to afford a two-bedroom apartment. (Yichuan Cao / Sipa USA via ...