salaryRent here is among the highest 10% in the country. Household incomes are higher than in 91% of U.S. cities. A typical house costs about 8.6 years of household income, so buying is hard for most locals. Commutes are short, about 15.3 minutes.
How much money do I need?
To rent here comfortably, you should earn about $125,720 a year. That is $60 an hour at a full-time job.
Is rent cheaper than other California cities?
No. Rent here is more expensive than in most of California. It is number 532 of 653 cities from cheapest to most expensive.
How much do households earn in Eastern Goleta Valley?
Share of households by yearly income. 57.0% of households earn $100,000 or more.
Rent by apartment size in Eastern Goleta Valley
| Size | Eastern Goleta Valley | U.S. average |
|---|---|---|
| Studio | $1,607 | $1,338 |
| 1 bedroom | $1,377 | $1,324 |
| 2 bedrooms | $3,183 | $1,509 |
| 3 bedrooms | $3,500+ | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Eastern Goleta Valley overall?
Everyday prices in California overall are 11% above the U.S. average (index 110.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Eastern Goleta Valley, so the California figure is shown.
Taxes and bills in Eastern Goleta Valley
Life in Eastern Goleta Valley
Is it cheaper to rent or buy in Eastern Goleta Valley?
Renting is cheaper right now: about $6,305 a month less.
Owning assumes a typical $1,361,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $136,170 for the down payment.
Frequently asked questions
What is the average rent in Eastern Goleta Valley, CA?
Renting in Eastern Goleta Valley costs a median of about $3,143 a month in 2026, including utilities. The California median is $2,357.
How much do I need to make to live in Eastern Goleta Valley?
To keep rent under 30% of income, you need about $125,720 a year, or $60 an hour at a full-time job.
Is Eastern Goleta Valley cheap or expensive?
Eastern Goleta Valley is rated OK: rent takes 23.9% of the typical household income of $157,767. It ranks 532nd cheapest of 653 California cities we track.
How much are property taxes in Eastern Goleta Valley?
The median homeowner in Eastern Goleta Valley pays $7,847 a year in property taxes, about 0.58% of the median home value.
Is Eastern Goleta Valley 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 Eastern Goleta Valley?
The median home value in Eastern Goleta Valley is $1,361,700, about 8.6 times the typical yearly household income.
28,295 people live in Eastern Goleta Valley. Numbers are typical (middle) values.