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Cost of Living in Fresno, CA

Population 545,970 · Census ACS 2020–2024 5-year estimates

Median rent$1,421
Median home value$374,800
Median household income$70,991

The median rent in Fresno, CA is $1,421/month, 30% lower than the California median and about the same as the U.S. median. The median home value is $374,800, 13% higher than the national median. Households earn a median of $70,991 a year, 28% lower than the state median.

Affordability

Rent as a share of median income: 24.0%
Income needed for median rent (30% rule): $56,840/yr
Home price-to-income ratio: 5.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,895/mo

Run your own numbers: mortgage calculator · hourly to salary

Fresno vs. California vs. U.S.

FresnoCaliforniaU.S.
Median rent$1,421$2,036$1,413
Median home value$374,800$734,700$332,700
Median household income$70,991$99,122$80,734
Homeownership rate50.1%55.9%65.2%
Bachelor's degree or higher25.5%37.1%35.7%
Poverty rate20.1%12.0%12.5%
Unemployment rate8.9%6.6%5.2%
Work from home10.9%17.2%15.1%
Median age32.837.938.9

FAQ

What is the average rent in Fresno, CA?

The median gross rent in Fresno, CA is $1,421 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $56,840 a year in gross income.

Is Fresno, CA expensive to live in?

Rent there is about the same as the U.S. median, and the median home costs about 5.3 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 $140,970Sacramento, CARent $1,779 · Income $87,321Long Beach, CARent $1,871 · Income $87,430

Cities with a similar cost of living

Asheville, NCRent $1,402 · Income $71,102Prescott, AZRent $1,395 · Income $70,874Hampton, VARent $1,427 · Income $69,621Oak Park, MIRent $1,396 · Income $71,510Ormond Beach, FLRent $1,411 · Income $69,177South Salt Lake, UTRent $1,451 · Income $72,152

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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