F
34%
Overall NAT. AVG.
9%
Goods & Services NAT. AVG.
88%
Housing NAT. AVG.
Search Homes for Sale
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index North Auburn California National
Cost of living134140100
Goods & Services109111100
Groceries108112100
Health care113109100
Housing188196100
Transportation121126100
Utilities114127100

An Overview of Cost of Living in North Auburn, CA

Getting a feel for the cost of living in North Auburn is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in North Auburn is 134, which is 34% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.

The cost of living in North Auburn is among the highest in the country, making it a very expensive place to live. Only a small fraction of regions boast a cost of living that is at least 20% higher than the national average, and regrettably, North Auburn falls into this category, which may not be suitable for those seeking an economically favorable living environment.

Housing costs are a very significant part of the North Auburn cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 87.5% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.

Is North Auburn Affordable?

Is North Auburn affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in North Auburn, the median home price is 108.1% higher than the national average and monthly rent prices are 39.4% higher than the typical rates. Additionally, the median income levels play a role in affordability, with North Auburn boasting a median household income of $65,884, 19.1% higher than the national average.

What Factors can Influence the Cost of Living in North Auburn?

Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In North Auburn, the groceries index is 8.2% higher than the national average.

Subsidies: Certain cities or states may institute government subsidies or assistance programs designed to alleviate the financial burdens associated with the cost of living for their residents. These programs encompass a variety of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farm subsidies. Areas that provide fewer subsidies may see an uptick in their overall cost of living.

Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In North Auburn, the housing index is 87.5% higher than the national average.

Where is the Data From?

The North Auburn cost of living data you see above is sourced from the C2ER cost of living index, providing a practical and accurate means of comparing living expenses in urban areas. Updated quarterly, this index gathers data from over 300 independent researchers, covering more than 60 goods and services, in 6 different categories. These selections are made meticulously to represent a wide range of consumer expenditure categories. The weightings applied to cost differences are based on government survey data that tracks spending patterns among professional and executive households. It's important to note that while the C2ER index excludes data on sales or income tax rates, AreaVibes factors tax rates into the overall cost of living score for each region.

New Real Estate Listings in North Auburn Area
Search Homes for Sale in North Auburn, CA

Cost Of Living Quick Facts

  • The cost of living in North Auburn is 4% lower than the California average
  • The cost of living in North Auburn is 34% higher than the national average
  • North Auburn housing is 88% higher than the national average
  • California general sales tax is 42% higher than the national average
  • California state income tax is 56% lower than the national average

Most Affordable Places to Live in and Around North Auburn

See all the best places to live around North Auburn

Compare North Auburn, CA Cost of Living

      vs
      How would you rate the cost of living in North Auburn?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in North Auburn?
      Write a review to give others more information about this area.
      See all North Auburn poll results

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$77,761$6,480$1,814$2,333
      Renters$50,741$4,228$1,184$1,522
      To approximate the cost of living and the housing affordability in North Auburn, CA, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in North Auburn have a median income of $77,761. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,814 per month to avoid calamity and poverty. The renters in the city have an income of about $50,741, which would make their monthly maximum allowable rental costs $1,184.

      California Sales Tax

      State General Sales Tax With Max Surtax
      California 7.25% 10.5%

      California Income Tax

      State Income Tax (Low) Income Tax (High)
      California 1% 12.3%

      Goods & Services

      Item North Auburn National avg. Difference
      Haircut $40.00$24.2664.9%
      Beauty Salon $60.53$45.5632.8%
      Toothpaste $3.67$3.701.0%
      Shampoo $1.44$1.2812.5%
      Movie $13.76$12.1313.4%
      Bowling $22.22$18.0023.5%

      Groceries

      Item North Auburn National avg. Difference
      Ground Beef $5.56$5.844.7%
      Fried Chicken $2.06$1.5731.0%
      Milk $4.93$4.675.5%
      Potatoes $4.69$4.935.0%
      Pizza $13.98$12.0915.7%
      Beer $10.49$10.410.8%

      Health Care

      Item North Auburn National avg. Difference
      Optometrist $153.50$125.6822.1%
      Doctor $201.43$135.7848.3%
      Dentist $115.72$113.292.1%
      Ibuprofen $11.03$10.653.5%
      Lipitor $380.45$468.6018.8%

      Housing

      Item North Auburn National avg. Difference
      Home Price $384,400.00$184,700.00108.1%
      Avg. Mortgage Payment $3,182.68$2,346.6935.6%
      Apartment Rent $1,323.00$949.0039.4%

      Transportation

      Item North Auburn National avg. Difference
      Gasoline $4.51$3.4630.2%
      Tire Balancing $58.67$59.922.1%

      Utilities

      Item North Auburn National avg. Difference
      All Electricity $238.53$193.9923.0%
      Phone $190.81$192.250.7%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Cold Springs CDP (Tuolumne County), CA12511211.6%
      Cold Springs, CA675936.5%
      Sheridan, CA1,12012121.1%
      Colfax, CA2,25812121.2%
      Georgetown, CA2,96912827.7%
      North Auburn, CA14,44613434.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Scottsboro, AL14,4528812.0%
      Mill Valley, CA14,456298197.6%
      Midlothian, IL14,4641010.7%
      Norridge, IL14,46512221.7%
      Hartselle, AL14,4218910.8%
      North Auburn, CA14,44613434.4%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.