States › California › Nipomo

Is Nipomo, CA expensive to live in?

OKRent takes 27 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,62450% higher than U.S. average
💵 Families earn per year (2026)$118,659about $9,888/month · 36% higher than U.S. average
🔑 House price$723,700118% higher than U.S. average

Rent is higher than in 88% of U.S. cities. A typical house costs about 6.1 years of household income, so buying is hard for most locals.

How much money do I need?

To rent here comfortably, you should earn about $104,960 a year. That is $50 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 418 of 653 cities from cheapest to most expensive.

Nipomo
$2,624
Rancho Mirage
$1,534
Blythe
$1,431
Woodcrest
$3,084
Laguna Woods
$2,907
Coalinga
$1,191
McKinleyville
$1,492

How much do households earn in Nipomo?

Under $25k
7.6%
$25k–50k
15.8%
$50k–100k
33.0%
$100k–150k
25.1%
$150k+
18.3%

Share of households by yearly income. 43.4% of households earn $100,000 or more.

Rent by apartment size in Nipomo

SizeNipomoU.S. average
2 bedrooms$1,640$1,509
3 bedrooms$2,280$1,698
4 bedrooms$3,506$2,098

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

How expensive is Nipomo 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 Nipomo, so the California figure is shown.

Taxes and bills in Nipomo

🏛️ Property tax$4,841a year · 0.67% of home value · U.S. $3,119
⚡ Electric bill$113a month (typical) · U.S. $156

Life in Nipomo

Commute to work28 minU.S.: 26.4 min
College degree25%U.S.: 35.7%
Own their home65.6%U.S.: 65.2%
Below poverty line5.7%U.S.: 12.5%
Unemployment3.3%U.S.: 5.2%

Is it cheaper to rent or buy in Nipomo?

Renting is cheaper right now: about $2,397 a month less.

Renting
$2,624
Owning
$5,021

Owning assumes a typical $723,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $72,370 for the down payment.

Frequently asked questions

What is the average rent in Nipomo, CA?

Renting in Nipomo costs a median of about $2,624 a month in 2026, including utilities. The California median is $2,357.

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

To keep rent under 30% of income, you need about $104,960 a year, or $50 an hour at a full-time job.

Is Nipomo cheap or expensive?

Nipomo is rated OK: rent takes 26.5% of the typical household income of $118,659. It ranks 418th cheapest of 653 California cities we track.

How much are property taxes in Nipomo?

The median homeowner in Nipomo pays $4,841 a year in property taxes, about 0.67% of the median home value.

Is Nipomo 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 Nipomo?

The median home value in Nipomo is $723,700, about 6.1 times the typical yearly household income.

17,516 people live in Nipomo. Numbers are typical (middle) values.