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Cost of Living in Burbank, CA

Population 104,546 · Census ACS 2020–2024 5-year estimates

Median rent$2,192
Median home value$1,089,100
Median household income$97,082

The median rent in Burbank, CA is $2,192/month, 8% higher than the California median and 55% higher than the U.S. median. The median home value is $1,089,100, 227% higher than the national median. Households earn a median of $97,082 a year, 2% lower than the state median.

Affordability

Rent as a share of median income: 27.1%
Income needed for median rent (30% rule): $87,680/yr
Home price-to-income ratio: 11.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $5,507/mo

Run your own numbers: mortgage calculator · hourly to salary

Burbank vs. California vs. U.S.

BurbankCaliforniaU.S.
Median rent$2,192$2,036$1,413
Median home value$1,089,100$734,700$332,700
Median household income$97,082$99,122$80,734
Homeownership rate43.3%55.9%65.2%
Bachelor's degree or higher47.1%37.1%35.7%
Poverty rate10.7%12.0%12.5%
Unemployment rate7.4%6.6%5.2%
Work from home30.4%17.2%15.1%
Median age40.137.938.9

FAQ

What is the average rent in Burbank, CA?

The median gross rent in Burbank, CA is $2,192 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $87,680 a year in gross income.

Is Burbank, CA expensive to live in?

Rent there is 55% higher than the U.S. median, and the median home costs about 11.2 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

Boston, MARent $2,147 · Income $97,344Malden, MARent $2,204 · Income $100,606Royal Palm Beach, FLRent $2,273 · Income $96,027Quincy, MARent $2,118 · Income $98,882San Tan Valley, AZRent $2,085 · Income $96,713Harrison, NJRent $2,226 · Income $93,013

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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