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See which California cities are the most costly to live in. Several studies agree: The premium to live in California may be 40% to 50% over the national average.
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Data & Methodology. To find America's most affordable beach towns, SmartAsset looked at data on every U.S. city with a population between 10,000 and 150,000 residents.
Rockport, Texas. Typical home price (Zillow): $325,381 Price change over the past 12 months (percentage): 0% A small town on the coast of Texas, Rockport has a population of about 10,000 people.
By 2016, the median price of a home in California, at $409,300, was more than twice the median price of a home in the U.S. as a whole, more expensive than any state other than Hawaii. [13] The shortage is statewide; from 2010 to 2017, the state added one new housing unit for every five new residents, and is pronounced in employment centers such ...
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In addition to being one of the most expensive neighborhoods in Santa Barbara, Hope Ranch is one of the wealthiest areas in California; the median home price was $2.61 million in 2006. [9] Houses with ocean views generally listed then for at least $5 million, with oceanfront properties going for $25 million and more.
While high paid tech workers can generally afford to live in the region, others cannot. To afford a two-bedroom apartment in Santa Clara County, an individual must earn at least $54.60 an hour, or $113,560 a year. California software developers earn an average of $60.27 an hour; in contrast, the average elementary school teacher earns $39.40. [8]