Cost of Living in Santa Clara, CA

Population 129,239 · California · Data vintage 2023

391
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Santa Clara's housing market is in a category of its own — median home values around $1.5 million sit roughly 5 times the US figure, reflecting a market driven as much by second-home and resort buyers as by year-round residents.

Cost Overview

Housing 501
Rent 227

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

About the Cost of Living in Santa Clara

The median home value in Santa Clara is $1,527,900 — 401% above the national median of $305,000. Median rent runs $2,985/month, 127% higher than the national median of $1,314/month. The median household income of $173,670/year is 133% higher than the US median of $74,580. The local unemployment rate is 4.4%, 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, Santa Clara has a cost of living index of 391 versus the US average of 100, meaning it is 291% more expensive.

🏠 Housing

Median Home Value
$1,527,900
401% above avg
Zillow Home Value
$1,742,577
Zillow ZHVI
Median Rent
$2,985/mo
127% above avg
Zillow Rent
$3,672/mo
Zillow ZORI
Price-to-Rent Ratio
42.7x
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 41.2%
Renter-occupied 58.8%

💰 Estimated Monthly Budget

Rent median rent
$2,985
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,599/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
25.3 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
23.7%

Commute Mode

Drove alone
61.0%
Carpooled
7.4%
Public transit
2.5%
Walked
2.7%
Bicycle
0.9%
Work from home
23.7%

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
$173,670
133% above avg
Per Capita Income
$84,533
Unemployment Rate
4.4%
9% below avg
Poverty Rate
7.8%
Labor Force Participation
71.9%

🎓 Education

Bachelor's degree+ 31.4%
Graduate degree 33.9%

👥 Demographics

Median Age 34.5
Male median age 34.1
Female median age 34.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
65.8%
Good air days/yr
134
Max AQI recorded
179
PM2.5 days
184
Ozone days

Frequently Asked Questions

What is the cost of living in Santa Clara, CA?

Santa Clara has a cost index of 391 (100 = national average). It is 291% above the national average.

What is average rent in Santa Clara, CA?

The median gross rent in Santa Clara is $2,985 per month based on 2023 Census data.

What is the average home price in Santa Clara?

The median home value in Santa Clara is $1,527,900 according to Zillow and Census data.

What is the median income in Santa Clara?

The median household income in Santa Clara is $173,670 per year (2023 ACS 5-year estimates).

What is the sales tax in Santa Clara, CA?

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

Is Santa Clara, CA affordable?

Santa Clara is above average in cost of living, with an index of 391 — about 291% higher than the national average.

Santa Clara at a Glance

Population
129,239
Median Income
$173,670
Home Value
$1,527,900
Median Rent
$2,985/mo
Unemployment
4.4%
Sales Tax
8.7%
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🗺️ County data for California

Explore county-level cost of living data

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