Cost of Living in Fair Oaks, CA

Population 32,030 · California · Data vintage 2023

182
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Fair Oaks run well above the national baseline, with a median of $646,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $111,332 place the city among the better-paid California metros.

Fair Oaks sits roughly 9 miles southeast of Roseville — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Roseville's $631,000 median.

Cost Overview

Housing 212
Rent 137

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

About the Cost of Living in Fair Oaks

The median home value in Fair Oaks is $645,600 — 112% above the national median of $305,000. Median rent runs $1,797/month, 37% higher than the national median of $1,314/month. The median household income of $111,332/year is 49% higher than the US median of $74,580. The local unemployment rate is 5.2%, 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, Fair Oaks has a cost of living index of 182 versus the US average of 100, meaning it is 82% more expensive.

🏠 Housing

Median Home Value
$645,600
112% above avg
Zillow Home Value
$608,414
Zillow ZHVI
Median Rent
$1,797/mo
37% above avg
Zillow Rent
$1,997/mo
Zillow ZORI
Price-to-Rent Ratio
29.9x
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 70.0%
Renter-occupied 30.0%

💰 Estimated Monthly Budget

Rent median rent
$1,797
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,411/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
31.0 min
15% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.2%

Commute Mode

Drove alone
70.4%
Carpooled
5.7%
Public transit
1.5%
Walked
1.1%
Bicycle
0.1%
Work from home
20.2%

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
$111,332
49% above avg
Per Capita Income
$58,911
Unemployment Rate
5.2%
7% above avg
Poverty Rate
8.3%
Labor Force Participation
61.0%

🎓 Education

Bachelor's degree+ 29.6%
Graduate degree 16.9%

👥 Demographics

Median Age 47
Male median age 45.1
Female median age 48.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
49.3%
Good air days/yr
133
Max AQI recorded
166
PM2.5 days
199
Ozone days

Frequently Asked Questions

What is the cost of living in Fair Oaks, CA?

Fair Oaks has a cost index of 182 (100 = national average). It is 82% above the national average.

What is average rent in Fair Oaks, CA?

The median gross rent in Fair Oaks is $1,797 per month based on 2023 Census data.

What is the average home price in Fair Oaks?

The median home value in Fair Oaks is $645,600 according to Zillow and Census data.

What is the median income in Fair Oaks?

The median household income in Fair Oaks is $111,332 per year (2023 ACS 5-year estimates).

What is the sales tax in Fair Oaks, CA?

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

Is Fair Oaks, CA affordable?

Fair Oaks is above average in cost of living, with an index of 182 — about 82% higher than the national average.

Fair Oaks at a Glance

Population
32,030
Median Income
$111,332
Home Value
$645,600
Median Rent
$1,797/mo
Unemployment
5.2%
Sales Tax
8.7%
View all cities in California →
🗺️ County data for California

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs