Cost of Living in San Mateo, CA

Population 103,555 · California · Data vintage 2023

401
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing prices in San Mateo cluster toward the top of the US distribution — a median of $1.6 million, roughly 5 times the national figure, consistent with markets dominated by nonresident and vacation-home buyers.

Cost Overview

Housing 513
Rent 234

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

About the Cost of Living in San Mateo

The median home value in San Mateo is $1,563,200 — 413% above the national median of $305,000. Median rent runs $3,079/month, 134% higher than the national median of $1,314/month. The median household income of $152,669/year is 105% higher than the US median of $74,580. The local unemployment rate is 4.3%, 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 Mateo has a cost of living index of 401 versus the US average of 100, meaning it is 301% more expensive.

🏠 Housing

Median Home Value
$1,563,200
413% above avg
Zillow Home Value
$1,638,484
Zillow ZHVI
Median Rent
$3,079/mo
134% above avg
Zillow Rent
$3,441/mo
Zillow ZORI
Price-to-Rent Ratio
42.3x
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 50.8%
Renter-occupied 49.2%

💰 Estimated Monthly Budget

Rent median rent
$3,079
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,693/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
29.9 min
11% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
22.3%

Commute Mode

Drove alone
58.5%
Carpooled
6.9%
Public transit
6.1%
Walked
2.9%
Bicycle
0.7%
Work from home
22.3%

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
$152,669
105% above avg
Per Capita Income
$80,312
Unemployment Rate
4.3%
11% below avg
Poverty Rate
7.9%
Labor Force Participation
69.5%

🎓 Education

Bachelor's degree+ 31.4%
Graduate degree 26.2%

👥 Demographics

Median Age 38
Male median age 36.3
Female median age 40.1

💨 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 Mateo, CA?

San Mateo has a cost index of 401 (100 = national average). It is 301% above the national average.

What is average rent in San Mateo, CA?

The median gross rent in San Mateo is $3,079 per month based on 2023 Census data.

What is the average home price in San Mateo?

The median home value in San Mateo is $1,563,200 according to Zillow and Census data.

What is the median income in San Mateo?

The median household income in San Mateo is $152,669 per year (2023 ACS 5-year estimates).

What is the sales tax in San Mateo, CA?

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

Is San Mateo, CA affordable?

San Mateo is above average in cost of living, with an index of 401 — about 301% higher than the national average.

San Mateo at a Glance

Population
103,555
Median Income
$152,669
Home Value
$1,563,200
Median Rent
$3,079/mo
Unemployment
4.3%
Sales Tax
8.7%
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🗺️ County data for California

Explore county-level cost of living data

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