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Cost of Living in Berkeley, CA

Population 120,257 · Census ACS 2020–2024 5-year estimates

Median rent$2,133
Median home value$1,413,900
Median household income$108,092

The median rent in Berkeley, CA is $2,133/month, 5% higher than the California median and 51% higher than the U.S. median. The median home value is $1,413,900, 325% higher than the national median. Households earn a median of $108,092 a year, 9% higher than the state median.

Affordability

Rent as a share of median income: 23.7%
Income needed for median rent (30% rule): $85,320/yr
Home price-to-income ratio: 13.1×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $7,149/mo

Run your own numbers: mortgage calculator · hourly to salary

Berkeley vs. California vs. U.S.

BerkeleyCaliforniaU.S.
Median rent$2,133$2,036$1,413
Median home value$1,413,900$734,700$332,700
Median household income$108,092$99,122$80,734
Homeownership rate44.2%55.9%65.2%
Bachelor's degree or higher74.9%37.1%35.7%
Poverty rate17.3%12.0%12.5%
Unemployment rate5.6%6.6%5.2%
Work from home37.1%17.2%15.1%
Median age33.237.938.9

FAQ

What is the average rent in Berkeley, CA?

The median gross rent in Berkeley, CA is $2,133 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Berkeley, CA?

Using the common 30% rule, renting a median-priced home takes about $85,320 a year in gross income.

Is Berkeley, CA expensive to live in?

Rent there is 51% higher than the U.S. median, and the median home costs about 13.1 times the median household income.

Other cities in California

Los Angeles, CARent $1,933 · Income $81,939San Diego, CARent $2,313 · Income $108,077San Jose, CARent $2,669 · Income $146,427San Francisco, CARent $2,476 · Income $140,970Fresno, CARent $1,421 · Income $70,991Sacramento, CARent $1,779 · Income $87,321

Cities with a similar cost of living

Norwood, MARent $2,116 · Income $107,030Sherwood, ORRent $2,131 · Income $109,966Wesley Chapel, FLRent $2,100 · Income $107,504Randolph Town, MARent $2,103 · Income $109,573Five Corners, WARent $2,111 · Income $106,192Silverdale, WARent $2,143 · Income $105,483

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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