Cost of Living in Berkeley, CA

Population 120,223 · California · Data vintage 2023

331
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $1.4 million, the typical home in Berkeley costs about 4× the national median, a premium characteristic of resort and luxury markets rather than primary-residence metros. Unemployment has stayed elevated relative to the national figure — 6.0% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Cost Overview

Housing 443
Rent 162

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Berkeley

The median home value in Berkeley is $1,351,100 — 343% above the national median of $305,000. Median rent runs $2,127/month, 62% higher than the national median of $1,314/month. The median household income of $108,558/year is 46% higher than the US median of $74,580. The local unemployment rate is 6.0%, above the national average of 4.8%. California's top state income tax rate is 13.3% and the combined sales tax is 8.7%. Overall, Berkeley has a cost of living index of 331 versus the US average of 100, meaning it is 231% more expensive.

🏠 Housing

Median Home Value
$1,351,100
343% above avg
Zillow Home Value
$1,391,089
Zillow ZHVI
Median Rent
$2,127/mo
62% above avg
Zillow Rent
$3,073/mo
Zillow ZORI
Price-to-Rent Ratio
52.9x
Favors renting
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,195
1 BR
$1,241
2 BR
$1,544
3 BR
$2,163
4 BR
$2,556
Owner-occupied 43.3%
Renter-occupied 56.7%

💰 Estimated Monthly Budget

Rent median rent
$2,127
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,741/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
32.4 min
20% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
32.5%

Commute Mode

Drove alone
27.4%
Carpooled
3.8%
Public transit
15.8%
Walked
13.5%
Bicycle
4.8%
Work from home
32.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 13.3%
Total Sales Tax 8.7%
State rate 7.3%
Avg local rate 1.4%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$108,558
46% above avg
Per Capita Income
$66,936
Unemployment Rate
6.0%
25% above avg
Poverty Rate
16.8%
Labor Force Participation
61.4%

🎓 Education

Bachelor's degree+ 33.4%
Graduate degree 41.6%

👥 Demographics

Median Age 32.9
Male median age 32.9
Female median age 32.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
54%
Good air days/yr
130
Max AQI recorded
219
PM2.5 days
129
Ozone days

Frequently Asked Questions

What is the cost of living in Berkeley, CA?

Berkeley has a cost index of 331 (100 = national average). It is 231% above the national average.

What is average rent in Berkeley, CA?

The median gross rent in Berkeley is $2,127 per month based on 2023 Census data.

What is the average home price in Berkeley?

The median home value in Berkeley is $1,351,100 according to Zillow and Census data.

What is the median income in Berkeley?

The median household income in Berkeley is $108,558 per year (2023 ACS 5-year estimates).

What is the sales tax in Berkeley, CA?

The combined state and local sales tax rate in Berkeley is 8.7%. The California state income tax top rate is 13.3%.

Is Berkeley, CA affordable?

Berkeley is above average in cost of living, with an index of 331 — about 231% higher than the national average.

Berkeley at a Glance

Population
120,223
Median Income
$108,558
Home Value
$1,351,100
Median Rent
$2,127/mo
Unemployment
6.0%
Sales Tax
8.7%
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