Looking for a fresh start in a new Palo Alto neighborhood that is actually affordable? Fortunately, there are some neighborhoods that still offer affordable cost of living. Listed below are the most affordable neighborhoods in Palo Alto for 2026, ranked by their cost of living index. The cost of living index includes various items such as: goods and services, groceries, utilities, real estate and rental rates. For reference, the national average for cost of living is 100.

Population 2,488
-16%
Cost of Living Index 287 vs 341
16% lower than Palo Alto
Population 992
-16%
Cost of Living Index 287 vs 341
16% lower than Palo Alto
Population 3,307
-15%
Cost of Living Index 289 vs 341
15% lower than Palo Alto
Population 2,231
-12%
Cost of Living Index 300 vs 341
12% lower than Palo Alto
Population 3,264
-11%
Cost of Living Index 303 vs 341
11% lower than Palo Alto
Population 3,652
-9%
Cost of Living Index 311 vs 341
9% lower than Palo Alto
Population 4,000
-9%
Cost of Living Index 312 vs 341
9% lower than Palo Alto
Population 1,890
-7%
Cost of Living Index 318 vs 341
7% lower than Palo Alto
Population 1,508
-4%
Cost of Living Index 328 vs 341
4% lower than Palo Alto
Population 148
-1%
Cost of Living Index 336 vs 341
1% lower than Palo Alto
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