Where is it cheap to live in California? This question often comes up for those looking to settle in the Golden State but are concerned about the high cost of living. While California is known for its expensive cities like San Francisco and Los Angeles, there are still areas where you can find affordable housing and a lower cost of living. Let’s explore some of these hidden gems in California.
One of the most affordable places to live in California is the Central Valley region. This area includes cities like Fresno, Bakersfield, and Modesto. These cities offer significantly lower housing costs compared to coastal cities. For example, the median home price in Fresno is around $300,000, which is much more affordable than the $1.2 million median home price in San Francisco.
Another cost-effective option is the Inland Empire, which encompasses cities like Riverside and San Bernardino. These cities are located just an hour’s drive from Los Angeles and offer a more affordable lifestyle. Housing costs in the Inland Empire are about half of what you would find in Los Angeles, making it an attractive choice for those looking to save money.
For those who enjoy a beach lifestyle but want to avoid the high costs of coastal cities, the Central Coast offers a great alternative. Cities like Santa Maria, Santa Barbara, and San Luis Obispo have lower housing costs and a more relaxed atmosphere. The median home price in Santa Maria is around $500,000, which is a significant discount compared to the $1.7 million median home price in Santa Barbara.
Additionally, if you’re willing to venture a bit further from the major cities, you can find even more affordable options. For instance, the Sierra Nevada mountain range offers a variety of towns and cities with lower housing costs and a serene environment. The median home price in Truckee, located near Lake Tahoe, is around $700,000, which is a steal compared to the $1.9 million median home price in San Francisco.
While California may be known for its high cost of living, there are still many affordable options available. By exploring cities in the Central Valley, Inland Empire, Central Coast, and Sierra Nevada region, you can find a place to call home without breaking the bank. Remember, where you choose to live in California depends on your personal preferences, budget, and lifestyle.