States › California › August

Is August, CA expensive to live in?

OKRent takes 27 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,29526% lower than U.S. average
💵 Families earn per year (2026)$57,347about $4,779/month · 34% lower than U.S. average
🔑 House price$296,10011% lower than U.S. average

Rent is lower than in 69% of U.S. cities. A typical house costs about 5.2 years of household income. Commutes are long, about 46.6 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $51,800 a year. That is $25 an hour at a full-time job.

Is rent cheaper than other California cities?

Yes. Rent here is cheaper than in most of California. It is number 43 of 653 cities from cheapest to most expensive.

August
$1,295
$1,620
$3,500+

How much do households earn in August?

Under $25k
28.3%
$25k–50k
20.1%
$50k–100k
20.6%
$100k–150k
18.4%
$150k+
7.0%

Share of households by yearly income. 25.5% of households earn $100,000 or more.

Rent by apartment size in August

SizeAugustU.S. average
Studio$777$1,338
1 bedroom$939$1,324
2 bedrooms$1,316$1,509
3 bedrooms$1,919$1,698
4 bedrooms$2,386$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is August overall?

Everyday prices in California overall are 11% above the U.S. average (index 110.7, U.S. = 100).

Housing
154
Goods (food, clothes…)
106
Utilities
159
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for August, so the California figure is shown.

Taxes and bills in August

🏛️ Property tax$1,438a year · 0.49% of home value · U.S. $3,119
⚡ Electric bill$239a month (typical) · U.S. $156

Life in August

Commute to work46.6 minU.S.: 26.4 min
College degree3.9%U.S.: 35.7%
Own their home55.9%U.S.: 65.2%
Below poverty line26.9%U.S.: 12.5%
Unemployment10.9%U.S.: 5.2%

Is it cheaper to rent or buy in August?

Renting is cheaper right now: about $760 a month less.

Renting
$1,295
Owning
$2,055

Owning assumes a typical $296,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $29,610 for the down payment.

Frequently asked questions

What is the average rent in August, CA?

Renting in August costs a median of about $1,295 a month in 2026, including utilities. The California median is $2,357.

How much do I need to make to live in August?

To keep rent under 30% of income, you need about $51,800 a year, or $25 an hour at a full-time job.

Is August cheap or expensive?

August is rated OK: rent takes 27.1% of the typical household income of $57,347. It ranks 43rd cheapest of 653 California cities we track.

How much are property taxes in August?

The median homeowner in August pays $1,438 a year in property taxes, about 0.49% of the median home value.

Is August more expensive than the national average?

Overall prices in California are 11% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in August?

The median home value in August is $296,100, about 5.2 times the typical yearly household income.

8,825 people live in August. Numbers are typical (middle) values.