Cost of Living in Walnut Creek, CA

Population 69,790 · California · Data vintage 2023

282
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Walnut Creek's housing market reflects its status as a high-earning metro: $1 million for a typical home, 238% above the US median, paired with household incomes around $135,665 that put it in the upper third of the state.

Walnut Creek sits roughly 5 miles southwest of Concord — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 36% higher than Concord's $756,000.

Cost Overview

Housing 338
Rent 199

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

About the Cost of Living in Walnut Creek

The median home value in Walnut Creek is $1,031,100 — 238% above the national median of $305,000. Median rent runs $2,613/month, 99% higher than the national median of $1,314/month. The median household income of $135,665/year is 82% higher than the US median of $74,580. The local unemployment rate is 5.2%, 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%. Overall, Walnut Creek has a cost of living index of 282 versus the US average of 100, meaning it is 182% more expensive.

🏠 Housing

Median Home Value
$1,031,100
238% above avg
Zillow Home Value
$1,024,673
Zillow ZHVI
Median Rent
$2,613/mo
99% above avg
Zillow Rent
$2,760/mo
Zillow ZORI
Price-to-Rent Ratio
32.9x
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 64.5%
Renter-occupied 35.5%

💰 Estimated Monthly Budget

Rent median rent
$2,613
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,227/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
35.6 min
32% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
28.7%

Commute Mode

Drove alone
49.9%
Carpooled
7.7%
Public transit
8.9%
Walked
2.9%
Bicycle
0.7%
Work from home
28.7%

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
$135,665
82% above avg
Per Capita Income
$83,164
Unemployment Rate
5.2%
9% above avg
Poverty Rate
6.0%
Labor Force Participation
58.8%

🎓 Education

Bachelor's degree+ 38.8%
Graduate degree 30.6%

👥 Demographics

Median Age 46.1
Male median age 43.4
Female median age 49.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
47.4%
Good air days/yr
110
Max AQI recorded
270
PM2.5 days
94
Ozone days

Frequently Asked Questions

What is the cost of living in Walnut Creek, CA?

Walnut Creek has a cost index of 282 (100 = national average). It is 182% above the national average.

What is average rent in Walnut Creek, CA?

The median gross rent in Walnut Creek is $2,613 per month based on 2023 Census data.

What is the average home price in Walnut Creek?

The median home value in Walnut Creek is $1,031,100 according to Zillow and Census data.

What is the median income in Walnut Creek?

The median household income in Walnut Creek is $135,665 per year (2023 ACS 5-year estimates).

What is the sales tax in Walnut Creek, CA?

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

Is Walnut Creek, CA affordable?

Walnut Creek is above average in cost of living, with an index of 282 — about 182% higher than the national average.