Cost of living in Gold River 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 Gold River 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 Gold River is 143, with 100 being the average.
The cost of living index in Gold River is 1.4x higher than the national average.
Gold River ranks as the #378 cheapest in California out of 635.
Gold River ranks as the #5,677 cheapest out of 6,412 in the US.
The median home value in Gold River is $571,900.
The median income in Gold River is $141,339.
According to the most recent data on the cost of living, Gold River has an overall cost of living index of 143, which is 1.4x higher than the national index of 100.
Compared to California, Gold River has a cost of living index that's 1.0x higher than California's index of 139.
The standard of living in Gold River ranks as #378 most affordable out of the 635 places we measured in California. By definition, that implies Gold River ranks as the #257 most expensive place in the Golden State.
For more reading on life in Gold River, check out:
Six factors go into calculating the cost of living index in Gold River. Here is how it fairs on each of the criteria:
The Services index in Gold River is 114.
The Groceries index in Gold River is 109.
The Health index in Gold River is 120.
The Housing index in Gold River is 212.
The Transportation index in Gold River is 134.
The Utilities index in Gold River is 109.
Living Expense | Gold River | California | National Average | |
---|---|---|---|---|
Overall | 143 | 139 | 100 | |
Services | 114 | 110 | 100 | |
Groceries | 109 | 112 | 100 | |
Health | 120 | 109 | 100 | |
Housing | 212 | 204 | 100 | |
Transportation | 134 | 126 | 100 | |
Utilities | 109 | 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 Gold River is $571,900.
The Median Rent in Gold River is $2,301.
The Median Income in Gold River is $141,339.
The Home Value To Income in Gold River is 4.0x.
The Rent To Monthly Income in Gold River is 0.2x.
Statistic | Gold River | California | United States |
---|---|---|---|
Median Home Value | $571,900 | $573,200 | $244,900 |
Median Rent | $2,301 | $1,698 | $1,163 |
Median Income | $141,339 | $84,097 | $69,021 |
Home Value To Income | 4.0x | 6.8x | 3.5x |
Rent To Monthly Income | 0.2x | 0.24x | 0.2x |
Item | Gold River | California |
---|---|---|
Shampoo | $1.24 | $1.06 |
Movie | $13.93 | $10.68 |
Bowling | $20.08 | $14.67 |
Haircut | $24.02 | $18.62 |
Beauty Salon | $62.28 | $39.05 |
Item | Gold River | California |
---|---|---|
Ground Beef | $5.05 | $4.22 |
Fried Chicken | $1.31 | $1.39 |
Milk | $2.66 | $2.05 |
Potatoes | $3.2 | $3.29 |
Pizza | $17.03 | $10.62 |
Beer | $9.52 | $9.38 |
Toothpaste | $2.79 | $2.34 |
Item | Gold River | California |
---|---|---|
Optometrist | $148.5 | $108.57 |
Doctor | $194.75 | $116.17 |
Dentist | $94.8 | $99.13 |
Item | Gold River | California |
---|---|---|
Gasoline | $3.24 | $2.22 |
Tire Balancing | $51.87 | $50.07 |
Item | Gold River | California |
---|---|---|
All Electricity | $192.37 | $167.67 |
Phone | $186.51 | $175.64 |
The cost of living varies in the cities and towns around Gold River. Here's a quick look at the cost of living in the most populous nearby places:
Arden-Arcade, CA has a cost of living index of 126, 0.9x Gold River.
Citrus Heights, CA has a cost of living index of 117, 0.8x Gold River.
Folsom, CA has a cost of living index of 144, 1.0x Gold River.
City | Population | Cost Of Living | Vs. Gold River |
---|---|---|---|
Arden-Arcade, CA | 95,909 | 126 | 0.9x |
Citrus Heights, CA | 87,521 | 117 | 0.8x |
Folsom, CA | 79,201 | 144 | 1.0x |
Rancho Cordova, CA | 78,358 | 117 | 0.8x |
Carmichael, CA | 77,358 | 124 | 0.9x |
Rocklin, CA | 70,317 | 137 | 1.0x |
El Dorado Hills, CA | 48,612 | 163 | 1.1x |
Antelope, CA | 48,421 | 125 | 0.9x |
Vineyard, CA | 41,505 | 134 | 0.9x |
Foothill Farms, CA | 37,432 | 111 | 0.8x |