Belmont, CA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Belmont, CA Summary

Cost of living in Belmont 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 Belmont 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 Belmont is 231, with 100 being the average.

  • The cost of living index in Belmont is 2.3x higher than the national average.

  • Belmont ranks as the #599 cheapest in California out of 635.

  • Belmont ranks as the #6,366 cheapest out of 6,412 in the US.

  • The median home value in Belmont is $1,682,000.

  • The median income in Belmont is $178,125.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
231
Belmont's Overall Cost Of Living
2.3x
Higher Than The National Average

What is the cost of living in Belmont, CA?

According to the most recent data on the cost of living, Belmont has an overall cost of living index of 231, which is 2.3x higher than the national index of 100.

Compared to California, Belmont has a cost of living index that's 1.7x higher than California's index of 139.

The standard of living in Belmont ranks as #599 most affordable out of the 635 places we measured in California. By definition, that implies Belmont ranks as the #36 most expensive place in the Golden State.

For more reading on life in Belmont, check out:

599 out of 635
In California
6,366 out of 6,412
In America

Belmont Cost Of Living Vs. California

Six factors go into calculating the cost of living index in Belmont. Here is how it fairs on each of the criteria:

  • The Services index in Belmont is 127.

  • The Groceries index in Belmont is 132.

  • The Health index in Belmont is 127.

  • The Housing index in Belmont is 466.

  • The Transportation index in Belmont is 150.

  • The Utilities index in Belmont is 139.

Living Expense Belmont California National Average
Overall 231 139 100
Services 127 110 100
Groceries 132 112 100
Health 127 109 100
Housing 466 204 100
Transportation 150 126 100
Utilities 139 124 100
For more reading on cost of living around California, check out:
Belmont Cost of Living Vs. CA

Belmont, CA Housing Cost Breakdown

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 Belmont is $1,682,000.

  • The Median Rent in Belmont is $2,678.

  • The Median Income in Belmont is $178,125.

  • The Home Value To Income in Belmont is 9.4x.

  • The Rent To Monthly Income in Belmont is 0.18x.

Statistic Belmont California United States
Median Home Value $1,682,000 $573,200 $244,900
Median Rent $2,678 $1,698 $1,163
Median Income $178,125 $84,097 $69,021
Home Value To Income 9.4x 6.8x 3.5x
Rent To Monthly Income 0.18x 0.24x 0.2x
Search Homes For Sale In Belmont, CA
$1,682,000
Median Home Value
$2,678
Median Rent
$178,125
Median Income

Belmont, CA Costs By Category

Detailed Belmont Services Costs Vs. California

Item Belmont California
Shampoo $1.35 $1.06
Movie $16.41 $10.68
Bowling $20.0 $14.67
Haircut $22.38 $18.62
Beauty Salon $82.05 $39.05

Detailed Belmont Groceries Costs Vs. California

Item Belmont California
Ground Beef $3.64 $4.22
Fried Chicken $1.8 $1.39
Milk $2.83 $2.05
Potatoes $3.42 $3.29
Pizza $13.47 $10.62
Beer $10.5 $9.38
Toothpaste $3.18 $2.34

Detailed Belmont Health Costs Vs. California

Item Belmont California
Optometrist $144.57 $108.57
Doctor $149.63 $116.17
Dentist $132.68 $99.13

Detailed Belmont Transportation Costs Vs. California

Item Belmont California
Gasoline $3.46 $2.22
Tire Balancing $65.51 $50.07

Detailed Belmont Utilities Costs Vs. California

Item Belmont California
All Electricity $267.84 $167.67
Phone $198.18 $175.64

Belmont SnackAbility

9.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
10
Affordability
5
Diversity
9.5
Safety
7
Amenities
9.5
Education
9.5
Commute
5

Cost Of Living In Cities Around Belmont

The cost of living varies in the cities and towns around Belmont. Here's a quick look at the cost of living in the most populous nearby places:

  • Sunnyvale, CA has a cost of living index of 204, 0.9x Belmont.

  • San Mateo, CA has a cost of living index of 205, 0.9x Belmont.

  • Cupertino, CA has a cost of living index of 252, 1.1x Belmont.

City Population Cost Of Living Vs. Belmont
Sunnyvale, CA 155,550 204 0.9x
San Mateo, CA 105,087 205 0.9x
Cupertino, CA 60,681 252 1.1x
San Bruno, CA 43,775 184 0.8x
Menlo Park, CA 33,677 289 1.3x
Los Altos, CA 31,562 340 1.5x
Burlingame, CA 31,142 273 1.2x
San Carlos, CA 30,754 237 1.0x
San Lorenzo, CA 30,420 151 0.7x
Millbrae, CA 23,083 229 1.0x

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