Cost of Living in San Carlos, CA

Population 29,797 · California · Data vintage 2023

479
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $2 million, the typical home in San Carlos costs about 7× the national median, a premium characteristic of resort and luxury markets rather than primary-residence metros.

Located 5 miles southeast of San Mateo, San Carlos falls within that metro's commuting orbit. Median home values run roughly 28% higher than San Mateo's $1.6 million.

Cost Overview

Housing 656
Rent 213

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

About the Cost of Living in San Carlos

The median home value in San Carlos is $2,000,001 — 556% above the national median of $305,000. Median rent runs $2,802/month, 113% higher than the national median of $1,314/month. The median household income of $233,333/year is 213% higher than the US median of $74,580. The local unemployment rate is 4.6%, 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%. Overall, San Carlos has a cost of living index of 479 versus the US average of 100, meaning it is 379% more expensive.

🏠 Housing

Median Home Value
$2,000,001
556% above avg
Zillow Home Value
$2,378,550
Zillow ZHVI
Median Rent
$2,802/mo
113% above avg
Zillow Rent
$3,878/mo
Zillow ZORI
Price-to-Rent Ratio
59.5x
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 68.2%
Renter-occupied 31.8%

💰 Estimated Monthly Budget

Rent median rent
$2,802
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,416/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
28.0 min
4% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
32.5%

Commute Mode

Drove alone
54.1%
Carpooled
4.0%
Public transit
3.7%
Walked
1.5%
Bicycle
1.8%
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
$233,333
213% above avg
Per Capita Income
$126,389
Unemployment Rate
4.6%
5% below avg
Poverty Rate
3.2%
Labor Force Participation
71.0%

🎓 Education

Bachelor's degree+ 30.4%
Graduate degree 37.7%

👥 Demographics

Median Age 41.6
Male median age 39.5
Female median age 43.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 31 — Good
97.8%
Good air days/yr
71
Max AQI recorded
16
PM2.5 days
295
Ozone days

Frequently Asked Questions

What is the cost of living in San Carlos, CA?

San Carlos has a cost index of 479 (100 = national average). It is 379% above the national average.

What is average rent in San Carlos, CA?

The median gross rent in San Carlos is $2,802 per month based on 2023 Census data.

What is the average home price in San Carlos?

The median home value in San Carlos is $2,000,001 according to Zillow and Census data.

What is the median income in San Carlos?

The median household income in San Carlos is $233,333 per year (2023 ACS 5-year estimates).

What is the sales tax in San Carlos, CA?

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

Is San Carlos, CA affordable?

San Carlos is above average in cost of living, with an index of 479 — about 379% higher than the national average.