Q:

What are the most affordable places to live in California?

A:

Quick Answer

According to MarketWatch, some of the most affordable places in California as of 2012 include San Luis Obispo, San Diego, Eureka and Palm Springs. MarketWatch rates the affordability of these cities based upon population, the median home price, the cost of living and the unemployment rate. In 2009, Forbes rated the most affordable city in California as Modesto, which it listed as the 91st most affordable city in the country.

Know More
What are the most affordable places to live in California?
Credit: David McNew Getty Images News Getty Images

Full Answer

San Luis Obispo, located north of Santa Barbara, is rated as affordable by MarketWatch due to the $463,800 median home price as of 2012. The city had a population of 45,119 in 2012, during which time it also had an unemployment rate of 8.8 percent. The cost of living in San Luis Obispo was rated as 65.3 percent higher than the national average in 2012.

Considerably larger than San Luis Obispo, the southern California city of San Diego is also listed as affordable by MarketWatch due to its 2012 median home price of $361,600 and its cost of living rating as 43.3 percent higher than the national average. Also in 2012, the small town of Eureka had a median home price of $207,300 with a cost of living at 16.9 percent higher than the national average, while Palm Springs had a median home cost of $198,800 and a cost of living at 14.4 percent higher than the national average.

Learn more about Finding a Home

Related Questions

  • Q:

    What is a divided highway in California?

    A:

    In California, a divided highway is a road that has been split into at least two adjacent roadways through a separating mechanism. The minimum separation between the roads is 2 feet.

    Full Answer >
    Filed Under:
  • Q:

    How did California become a state?

    A:

    California became a state as a part of the Compromise of 1850. The 1849 request of Californians for statehood led to heated debate in Congress, primarily over the issue of slavery. The compromise allowed admission of the state to the Union, with the requirement that it enter as a free state.

    Full Answer >
    Filed Under:
  • Q:

    Where can you find prefab modular homes for sale in California?

    A:

    Prefab modular homes are available in California from Ma Williams Manufactured Homes and Homes Direct. A prefab home is one in which the components, including the walls, floors, ceilings and roof, are built in a factory then assembled on site, as Ma Williams Manufactured Homes explains.

    Full Answer >
    Filed Under:
  • Q:

    Where are some of the best places to live?

    A:

    A report from USA Today includes Newton, Mass., and Mountain View, Calif., among the best U.S. cities to live in as of 2014. U.S. News touts Louisville, Ky., as one of the best places to retire on an income of $40,000 or less as of 2012, and Melbourne, Australia is The Economist’s number one choice of places to live worldwide based on its 2014 livability index.

    Full Answer >
    Filed Under:

Explore