Cost of Living in Soquel, CA

Population 10,691 · California · Data vintage 2023

249
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Soquel run well above the national baseline, with a median of $909,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $114,991 place the city among the better-paid California metros.

Soquel sits roughly 20 miles southwest of San Jose — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 24% lower than San Jose's $1.2 million.

Cost Overview

Housing 298
Rent 175

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

About the Cost of Living in Soquel

The median home value in Soquel is $908,500 — 198% above the national median of $305,000. Median rent runs $2,293/month, 75% higher than the national median of $1,314/month. The median household income of $114,991/year is 54% higher than the US median of $74,580. The local unemployment rate is 4.2%, 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, Soquel has a cost of living index of 249 versus the US average of 100, meaning it is 149% more expensive.

🏠 Housing

Median Home Value
$908,500
198% above avg
Zillow Home Value
$1,304,688
Zillow ZHVI
Median Rent
$2,293/mo
75% above avg
Price-to-Rent Ratio
33.0x
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 71.5%
Renter-occupied 28.5%

💰 Estimated Monthly Budget

Rent median rent
$2,293
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,907/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
25.6 min
5% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.7%

Commute Mode

Drove alone
70.3%
Carpooled
9.3%
Public transit
0.2%
Walked
2.8%
Bicycle
1.4%
Work from home
14.7%

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
$114,991
54% above avg
Per Capita Income
$60,478
Unemployment Rate
4.2%
12% below avg
Poverty Rate
6.4%
Labor Force Participation
60.4%

🎓 Education

Bachelor's degree+ 26.4%
Graduate degree 18.4%

👥 Demographics

Median Age 42.6
Male median age 41.8
Female median age 43.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 36 — Good
82.2%
Good air days/yr
130
Max AQI recorded
189
PM2.5 days
176
Ozone days

Frequently Asked Questions

What is the cost of living in Soquel, CA?

Soquel has a cost index of 249 (100 = national average). It is 149% above the national average.

What is average rent in Soquel, CA?

The median gross rent in Soquel is $2,293 per month based on 2023 Census data.

What is the average home price in Soquel?

The median home value in Soquel is $908,500 according to Zillow and Census data.

What is the median income in Soquel?

The median household income in Soquel is $114,991 per year (2023 ACS 5-year estimates).

What is the sales tax in Soquel, CA?

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

Is Soquel, CA affordable?

Soquel is above average in cost of living, with an index of 249 — about 149% higher than the national average.