Cost of Living in Milpitas, CA
Population 78,216 · California · Data vintage 2023
(100 = US avg)
Home prices in Milpitas run well above the national baseline, with a median of $1.2 million, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $176,822 place the city among the better-paid California metros.
Geographically, Milpitas sits roughly 5 miles southeast of Fremont. Median home values run roughly 8% lower than Fremont's $1.3 million.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Milpitas
The median home value in Milpitas is $1,180,000 — 287% above the national median of $305,000. Median rent runs $3,112/month, 137% higher than the national median of $1,314/month. The median household income of $176,822/year is 137% higher than the US median of $74,580. The local unemployment rate is 4.1%, below the national average of 4.8%. California's top state income tax rate is 13.3% and the combined sales tax is 8.7%. The climate averages highs of 71.2°F and lows of 50.2°F. Overall, Milpitas has a cost of living index of 327 versus the US average of 100, meaning it is 227% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 60 | 62 | 66 | 69 | 74 | 79 | 81 | 81 | 81 | 76 | 66 | 60 |
| Low °F | 42 | 44 | 46 | 48 | 52 | 56 | 58 | 59 | 57 | 53 | 46 | 42 |
| Precip" | 2.80 | 2.69 | 2.08 | 1.07 | 0.39 | 0.18 | 0.00 | 0.05 | 0.07 | 0.53 | 1.33 | 2.29 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Milpitas, CA?
Milpitas has a cost index of 327 (100 = national average). It is 227% above the national average.
What is average rent in Milpitas, CA?
The median gross rent in Milpitas is $3,112 per month based on 2023 Census data.
What is the average home price in Milpitas?
The median home value in Milpitas is $1,180,000 according to Zillow and Census data.
What is the median income in Milpitas?
The median household income in Milpitas is $176,822 per year (2023 ACS 5-year estimates).
What is the sales tax in Milpitas, CA?
The combined state and local sales tax rate in Milpitas is 8.7%. The California state income tax top rate is 13.3%.
Is Milpitas, CA affordable?
Milpitas is above average in cost of living, with an index of 327 — about 227% higher than the national average.
What is the weather like in Milpitas?
Milpitas has average high temperatures of 71.2°F and average lows of 50.2°F. Annual precipitation is 13.5". Data from NOAA 1991–2020 Climate Normals.
Milpitas at a Glance
- Population
- 78,216
- Median Income
- $176,822
- Home Value
- $1,180,000
- Median Rent
- $3,112/mo
- Unemployment
- 4.1%
- Avg High Temp
- 71.2°F
- Sales Tax
- 8.7%
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