Cost of Living in Monterey, CA

Cost of Living in Monterey, CA is
44.7% Higher
than the National Average

Did the Cost of Living in Monterey, CA increase in 2019? Monterey, CA area prices were up 2.5% from a year ago. The largest increases were found in Transportation, Food, and Housing.
By using Salary.com's Cost of Living Calculator, you can make a cost of living comparison of the Consumer Price Index (CPI) and salary differentials of over 300+ US cities. Let us help you make an informed decision about what it will cost to live and work in the city of your dreams!
About Monterey, California    Founded on June 3, 1770, Monterey (Spanish: Monterrey) was the capital of Alta California under both Spain and Mexico until 1850. Monterey hosted Cali....More

Cost of Living Calculator



Cost of Living in other Major Cities

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 62.5%
City, State Washington, DC Compared to national average
+ 59.6%
City, State Miami, FL Compared to national average
+ 14.7%
City, State Chicago, IL Compared to national average
+ 16.7%
City, State Boston, MA Compared to national average
+ 39.5%
City, State New York, NY Compared to national average
+ 83.0%
City, State Dallas, TX Compared to national average
+ 1.7%

Cost of Living Monterey, CA by Expense Category

Category Compared to national average
CategoryEnergy Compared to national average
+ 34.3%
CategoryFood Compared to national average
+ 26.8%
CategoryHealthcare Compared to national average
+ 9.0%
CategoryHousing Compared to national average
+ 24.9%
CategoryTransportation Compared to national average
+ 14.7%

Cost of Living Comparison with Monterey, CA

If you move to Monterey from one of these cities, you would have these the changes of your cost of living.


Move From Move To Cost Of Living Comparison
Move FromSan Francisco, CA Move ToMonterey, CA Cost Of Living Comparision
-17.8%
Move FromWashington, DC Move ToMonterey, CA Cost Of Living Comparision
-14.9%
Move FromMiami, FL Move ToMonterey, CA Cost Of Living Comparision
+ 30.0%
Move FromChicago, IL Move ToMonterey, CA Cost Of Living Comparision
+ 28.0%
Move FromBoston, MA Move ToMonterey, CA Cost Of Living Comparision
+ 5.2%
Move FromNew York, NY Move ToMonterey, CA Cost Of Living Comparision
-38.3%
Move FromDallas, TX Move ToMonterey, CA Cost Of Living Comparision
+ 43.0%

Based on this cost of living comparison, you can see:
If you move from Chicago IL, Dallas, TX, or Miami, FL, the percent increase of your cost of living could be 22.8%, 37.8%, and 24.8%. Looks like this move could have a negative net change in disposable income, so please think carefully!
If you move from New York, NY, San Francisco, CA, or Washington, DC, the percent reduction of your cost of living could be -43.50%, -23%, and -20.10%, that's good news to you that you could be looking at a positive net change in disposable income.


About Monterey, CA

Founded on June 3, 1770, Monterey (Spanish: Monterrey) was the capital of Alta California under both Spain and Mexico until 1850. Monterey hosted California's first theater, public building, public library, publicly funded school, printing press, and newspaper. Monterey was the only port of entry for taxable goods in California. In 1846, the U.S. flag was raised over the Customs House, and California became part of the United States after the Mexican–American War. The city is located in Monterey County in the U.S. state of California, on the southern edge of Monterey Bay on California's Cent...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia


Comments about the Cost of Living in Monterey, CA

I love to be able to eat at restaurants and try different foods, if I include that along with groceries in my overall cost of living, how would I do in Monterey, CA?

In Monterey, California going out to eat at a restaurant and buying food is considered to be affordable. Make sure you take this into account as you plan your overall cost of living in Monterey, CA. ( 2019-09-26 salary.com )

Are there good recreational opportunities in or near Monterey, CA?

Monterey, CA does not have a major sports team, but don’t worry, check out local colleges and high school sports schedules. These games usually have very cheap tickets and the spirit and enthusiasm of the crowd often makes up for the level of skill. ( 2019-09-26 salary.com )

How much is the average price of internet in Monterey, CA?

The average cost of internet access in the U.S. is $66.20 per month. There are many providers and various packages that are offered, many that bundle internet, cable, and phone together. Pricing for various packages can vary a lot even in the same location. You should evaluate the options based on your usage and preferences and pick the best fit for your needs. One tip to reduce this cost and your overall cost of living, is to get cable service from another source like Direct TV, Netflix, Sling, Amazon Prime or others. ( 2019-09-26 salary.com )

I am nervous about moving, what is the typical cost of moving to another city and what should I have to think about?

The average cost of moving to another state is around $5,600 for a distance of 1,200 miles. This price can vary a lot if the distance is greater and depending on how much is being moved. Even if your employer is covering the cost of a move, there will still be costs that are not covered. A cost that typically occurs is that your existing furniture and accessories are either too large, too small, or not appropriate for your new home. You may find that after you move, you will need to purchase many new items for the new location, for example, window coverings, rugs, lighting, and outdoor gear. Make sure you budget for these types of expenses and include them in the first year’s cost of living at your new location. Finally, although there is no dollar cost, is the stress of moving, which will increase if you have children or pets. Make sure you prepare in advance for what additional TLC those kids and pets will need to have a good move. ( 2019-09-26 salary.com )

Electricity bills are a big part of my current cost of living and can be really high, what is the cost of electricity in Monterey, California?

Electric costs in Monterey,CA are currently the fifth highest when compared to other states. Since a year ago the price of electricity in California has gone up about 2.63%. Electric costs will contribute to the energy component of your overall cost of living. ( 2019-09-26 salary.com )

What are rents like in Monterey,CA?

I am single and live in Monterey,CA, I rent a small 1 bedroom and the monthly rent is $1400 . Rent contributes to a large part of the overall cost of living in Monterey,CA, I try to economize by having a small apartment. ( 2019-09-26 salary.com )

Are there fun things to in Monterey, California that are free or don’t cost a lot?

Looks for areas of Monterey, California where there is a large student population. In those areas you will be sure to find lots of free or cheap events to go to and plenty of cheap places to eat. Familiarize yourself with the places where students hang out, and take advantage of discounted or bargain prices, you are sure to be able to keep your cost of living reasonable. Look at the website for Monterey, CA to find recommendations for activities that are available and unique to the area. ( 2019-09-26 salary.com )

Will I have to pay a lot in taxes if I move to Monterey, California?

The sales tax for Monterey is 7.25%. This is the tax that you will pay on things that you buy. ( 2019-09-26 salary.com )

Does Monterey, California have a good climate?

The weather in Monterey is ideal. Based on data collected by NOAA National Climatic Data Center, Monterey is considered to have one of the most favorable climates in the country based on comfort and number of days with clear skies. You will enjoy living in Monterey, California. ( 2019-09-26 salary.com )

Can you save money using public transport?

You could save up to $1,000 per year, depending on your location, by using public transport instead of driving. Not only will you reduce the stress of driving and finding a place to park once you reach your destination, your car and tires will last longer, and you will spend less on gas. A side benefit is that you may be able to relax, work, or read on the way to work, or get to know and chat with other commuters. Some employers offer employees reduced fee bus or transit passes, so check that out with your employer. ( 2019-09-26 salary.com )



Cost of Living Frequently Asked Questions

What is a Cost of Living index and how is it used?

In the simplest terms, a Cost of Living index is the estimated amount that represents the cost of the basic necessities required for an individual to live. A cost of living or COL estimate may typically include estimates for housing, food, energy, medical care, transportation, taxes, and other necessities. A COL index may be used to measure what the cost difference would be for a person living in a certain location compared to another location. This cost of living comparison helps individuals make decisions about where they would like to live and what they can afford based on the costs in that location. A cost of living comparison can provide guidance about how an increase or decrease in these basic living expenses impacts necessary spending for an individual or a family. ( 2019-09-26 salary.com )

What factors are included in estimating your cost of living?

The Salary.com cost of living calculator estimate is based on data related to five general categories: housing, food, healthcare, transportation, and energy. These are the universally recognized core components of any cost of living estimate and represent those expenses that apply to everyone. Obviously, there may be other factors that could contribute to your particular cost of living situation and not everyone has the same spending habits. For example, education and/or childcare costs might not apply to everyone, but for those who have those expenses, they could be significant and should be considered when you evaluate your cost of living comparison. ( 2019-09-26 salary.com )

The Salary.com cost of living calculator is unique in that it also incorporates current salary data for thousands of jobs specific to a chosen home or work location to provide a more refined estimate of the cost of living variations. You can see how your job and your salary will be impacted by a change of location. If you live in one location but work in another, the cost of living calculator will make those adjustments to provide an accurate estimate of the change in COL. The Salary.com cost of living calculator helps you to make cost of living comparisons cost comparisons easily and quickly. ( 2019-09-26 salary.com )


Last Update: 2019-09-26