Cost of living in Morgan Hill 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 Morgan Hill 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 Morgan Hill is 166, with 100 being the average.
The cost of living index in Morgan Hill is 1.7x higher than the national average.
Morgan Hill ranks as the #488 cheapest in California out of 635.
Morgan Hill ranks as the #6,083 cheapest out of 6,412 in the US.
The median home value in Morgan Hill is $930,200.
The median income in Morgan Hill is $139,161.
According to the most recent data on the cost of living, Morgan Hill has an overall cost of living index of 166, which is 1.7x higher than the national index of 100.
Compared to California, Morgan Hill has a cost of living index that's 1.2x higher than California's index of 139.
The standard of living in Morgan Hill ranks as #488 most affordable out of the 635 places we measured in California. By definition, that implies Morgan Hill ranks as the #147 most expensive place in the Golden State.
For more reading on life in Morgan Hill, check out:
Six factors go into calculating the cost of living index in Morgan Hill. Here is how it fairs on each of the criteria:
The Services index in Morgan Hill is 89.
The Groceries index in Morgan Hill is 106.
The Health index in Morgan Hill is 113.
The Housing index in Morgan Hill is 312.
The Transportation index in Morgan Hill is 112.
The Utilities index in Morgan Hill is 128.
Living Expense | Morgan Hill | California | National Average | |
---|---|---|---|---|
Overall | 166 | 139 | 100 | |
Services | 89 | 110 | 100 | |
Groceries | 106 | 112 | 100 | |
Health | 113 | 109 | 100 | |
Housing | 312 | 204 | 100 | |
Transportation | 112 | 126 | 100 | |
Utilities | 128 | 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 Morgan Hill is $930,200.
The Median Rent in Morgan Hill is $2,005.
The Median Income in Morgan Hill is $139,161.
The Home Value To Income in Morgan Hill is 6.7x.
The Rent To Monthly Income in Morgan Hill is 0.17x.
Statistic | Morgan Hill | California | United States |
---|---|---|---|
Median Home Value | $930,200 | $573,200 | $244,900 |
Median Rent | $2,005 | $1,698 | $1,163 |
Median Income | $139,161 | $84,097 | $69,021 |
Home Value To Income | 6.7x | 6.8x | 3.5x |
Rent To Monthly Income | 0.17x | 0.24x | 0.2x |
Item | Morgan Hill | California |
---|---|---|
Shampoo | $1.06 | $1.06 |
Movie | $15.05 | $10.68 |
Bowling | $18.25 | $14.67 |
Haircut | $27.5 | $18.62 |
Beauty Salon | $50.52 | $39.05 |
Item | Morgan Hill | California |
---|---|---|
Ground Beef | $4.36 | $4.22 |
Fried Chicken | $2.03 | $1.39 |
Milk | $2.27 | $2.05 |
Potatoes | $3.2 | $3.29 |
Pizza | $10.74 | $10.62 |
Beer | $8.99 | $9.38 |
Toothpaste | $2.52 | $2.34 |
Item | Morgan Hill | California |
---|---|---|
Optometrist | $127.0 | $108.57 |
Doctor | $148.0 | $116.17 |
Dentist | $99.6 | $99.13 |
Item | Morgan Hill | California |
---|---|---|
Gasoline | $3.24 | $2.22 |
Tire Balancing | $45.0 | $50.07 |
Item | Morgan Hill | California |
---|---|---|
All Electricity | $260.15 | $167.67 |
Phone | $173.87 | $175.64 |
The cost of living varies in the cities and towns around Morgan Hill. Here's a quick look at the cost of living in the most populous nearby places:
San Jose, CA has a cost of living index of 179, 1.1x Morgan Hill.
Gilroy, CA has a cost of living index of 147, 0.9x Morgan Hill.
Watsonville, CA has a cost of living index of 126, 0.8x Morgan Hill.
City | Population | Cost Of Living | Vs. Morgan Hill |
---|---|---|---|
San Jose, CA | 1,013,337 | 179 | 1.1x |
Gilroy, CA | 58,802 | 147 | 0.9x |
Watsonville, CA | 52,966 | 126 | 0.8x |
Los Gatos, CA | 33,309 | 257 | 1.5x |
Alum Rock, CA | 12,218 | 159 | 1.0x |
Soquel, CA | 10,806 | 166 | 1.0x |
Rio del Mar, CA | 9,264 | 196 | 1.2x |
Interlaken, CA | 8,079 | 130 | 0.8x |
East Foothills, CA | 7,391 | 189 | 1.1x |
San Martin, CA | 6,655 | 176 | 1.1x |