Overview of Cost of Living in Mountain View, CA
Nestled in Santa Clara County, Mountain View offers a quality life with its urban convenience and an array of amenities that have become popular for individuals and families looking for a place to call home. However, along with many things the city offers, Mountain View has a significant price tag. The cost of living in Mountain View CA, can be high. Housing is undoubtedly one of the biggest contributors to the high cost of living. With its proximity to tech giants like Google and other influential companies, the city’s housing demand has skyrocketed. But, despite the high living costs, Mountain View offers many benefits that make it an attractive place to live. The city boasts a thriving job market, with numerous employment opportunities in the tech industry. Mountain View’s central location in the San Francisco Bay Area puts it within easy reach of several attractions, dining options, shops, and other establishments. Furthermore, Mountain View has various parks and outdoor spaces for recreational activities. That being said, with careful financial planning and seeking more affordable options, you can enjoy what Mountain View has to offer while managing your expenses effectively.
Overall Cost
Overall, the cost of living in Mountain View CA, is considered high compared to many other cities in the States. Prices in Mountain View experienced a 2.9% increase compared to the previous year, where the main factors contributing to this high cost of living include housing, transportation, groceries, and healthcare expenses. According to livingcost.org, the average cost of living in Mountain View CA is $2950, ranked 24th out of 319 cities in California. In Santa Clara County, where Mountain View is situated, it is estimated that a single adult’s livable wage amounts to about $21.88 per hour, while the minimum wage in California is $12.00 per hour, suggesting that the cost of living in Mountain View is generally higher than in other areas of the state. Based on the data from BestPlaces.net, Mountain View has an index of 278.8, 78% higher than the national average of 100. Note that an index below 100 means the city is cheaper than the national average, while a cost of living index above 100 is more expensive. This indicates the high cost of living in Mountain View CA, compared to California, with an overall index of 149.9.
Breaking Down Mountain View Cost of Living
If you’re moving to this city, understanding the factors contributing to the cost of living in Mountain View CA is essential to help you manage your finances and budget accordingly. Housing costs in Mountain View are notably expensive. Currently, according to BestPlaces.net, the index cost of housing in Mountain View is 644.7, and data from Zillow shows that the median value of homes is around $1.8 million, while rent is around $2,000. Grocery cost is slightly higher than the statewide average, with an index score of 120.2. The amount you will need for food or groceries depends on your family size, grocery purchasing or venues, or whether you cook at home or like to dine out. Healthcare costs are slightly higher, with an index of 107.7. For a doctor’s visit, you will need around $72.2. Utility expenses are relatively lower, with an index of 88.6. One person’s electricity, heating, and water bill will cost $127, while a 1-month internet plan is $48.6. Transportation costs have a higher index score of 138.6. A monthly ticket for local transport will cost $83. If you own a car, a gas-per-gallon costs $4.69.
For more questions about the cost of living in Mountain View, CA, visit us at https://mortimerteam.com/cost-of-living-in-mountain-view-ca/. You can also call or message us should you have further questions or need assistance, and we will be glad to help and provide you with all the necessary information you will need.