Cost of living in Foster City research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Foster City is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Foster City is 221, with 100 being the average.
The cost of living index in Foster City is 2.2x higher than the national average.
Foster City ranks as the #595 cheapest in California out of 635.
Foster City ranks as the #6,357 cheapest out of 6,412 in the US.
The median home value in Foster City is $1,482,500.
The median income in Foster City is $173,721.
According to the most recent data on the cost of living, Foster City has an overall cost of living index of 221, which is 2.2x higher than the national index of 100.
Compared to California, Foster City has a cost of living index that's 1.6x higher than California's index of 139.
The standard of living in Foster City ranks as #595 most affordable out of the 635 places we measured in California. By definition, that implies Foster City ranks as the #40 most expensive place in the Golden State.
For more reading on life in Foster City, check out:
Six factors go into calculating the cost of living index in Foster City. Here is how it fairs on each of the criteria:
The Services index in Foster City is 117.
The Groceries index in Foster City is 135.
The Health index in Foster City is 126.
The Housing index in Foster City is 442.
The Transportation index in Foster City is 142.
The Utilities index in Foster City is 136.
Living Expense | Foster City | California | National Average | |
---|---|---|---|---|
Overall | 221 | 139 | 100 | |
Services | 117 | 110 | 100 | |
Groceries | 135 | 112 | 100 | |
Health | 126 | 109 | 100 | |
Housing | 442 | 204 | 100 | |
Transportation | 142 | 126 | 100 | |
Utilities | 136 | 124 | 100 |
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Foster City is $1,482,500.
The Median Rent in Foster City is $3,471.
The Median Income in Foster City is $173,721.
The Home Value To Income in Foster City is 8.5x.
The Rent To Monthly Income in Foster City is 0.24x.
Statistic | Foster City | California | United States |
---|---|---|---|
Median Home Value | $1,482,500 | $573,200 | $244,900 |
Median Rent | $3,471 | $1,698 | $1,163 |
Median Income | $173,721 | $84,097 | $69,021 |
Home Value To Income | 8.5x | 6.8x | 3.5x |
Rent To Monthly Income | 0.24x | 0.24x | 0.2x |
Item | Foster City | California |
---|---|---|
Shampoo | $1.39 | $1.06 |
Movie | $13.23 | $10.68 |
Bowling | $19.56 | $14.67 |
Haircut | $19.39 | $18.62 |
Beauty Salon | $67.86 | $39.05 |
Item | Foster City | California |
---|---|---|
Ground Beef | $3.73 | $4.22 |
Fried Chicken | $1.89 | $1.39 |
Milk | $2.87 | $2.05 |
Potatoes | $3.35 | $3.29 |
Pizza | $12.66 | $10.62 |
Beer | $10.57 | $9.38 |
Toothpaste | $3.07 | $2.34 |
Item | Foster City | California |
---|---|---|
Optometrist | $136.92 | $108.57 |
Doctor | $146.83 | $116.17 |
Dentist | $133.38 | $99.13 |
Item | Foster City | California |
---|---|---|
Gasoline | $3.38 | $2.22 |
Tire Balancing | $62.03 | $50.07 |
Item | Foster City | California |
---|---|---|
All Electricity | $269.4 | $167.67 |
Phone | $187.26 | $175.64 |