Cost of Living in Parkway, CA
Population 15,880 · California · Data vintage 2023
(100 = US avg)
Parkway sits on the smaller end of the California city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 10.0%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Parkway sits roughly 5 miles south of Sacramento — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 27% lower than Sacramento's $485,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Parkway
The median home value in Parkway is $355,400 — 17% above the national median of $305,000. Median rent runs $1,402/month, 7% higher than the national median of $1,314/month. The median household income of $64,380/year is 14% lower than the US median of $74,580. The local unemployment rate is 10.0%, 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%. The climate averages highs of 74.7°F and lows of 48.9°F. Overall, Parkway has a cost of living index of 113 versus the US average of 100, meaning it is 13% 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 | 56 | 61 | 66 | 72 | 80 | 88 | 93 | 92 | 89 | 79 | 65 | 56 |
| Low °F | 39 | 42 | 45 | 47 | 52 | 57 | 59 | 59 | 57 | 50 | 43 | 39 |
| Precip" | 3.66 | 3.49 | 2.68 | 1.26 | 0.75 | 0.23 | 0.00 | 0.04 | 0.09 | 0.85 | 1.66 | 3.43 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Parkway, CA?
Parkway has a cost index of 113 (100 = national average). It is 13% above the national average.
What is average rent in Parkway, CA?
The median gross rent in Parkway is $1,402 per month based on 2023 Census data.
What is the average home price in Parkway?
The median home value in Parkway is $355,400 according to 2023 Census ACS data.
What is the median income in Parkway?
The median household income in Parkway is $64,380 per year (2023 ACS 5-year estimates).
What is the sales tax in Parkway, CA?
The combined state and local sales tax rate in Parkway is 8.7%. The California state income tax top rate is 13.3%.
Is Parkway, CA affordable?
Parkway is above average in cost of living, with an index of 113 — about 13% higher than the national average.
What is the weather like in Parkway?
Parkway has average high temperatures of 74.7°F and average lows of 48.9°F. Annual precipitation is 18.1". Data from NOAA 1991–2020 Climate Normals.
Parkway at a Glance
- Population
- 15,880
- Median Income
- $64,380
- Home Value
- $355,400
- Median Rent
- $1,402/mo
- Unemployment
- 10.0%
- Avg High Temp
- 74.7°F
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
California Rankings
Similar Cost Cities
Cities in other states with comparable housing costs