Cost of Living in Monterey County, CA

What does it cost to live in Monterey County? Income, housing, and affordability breakdown.

Median Income

$91,043

Median Rent

$1,873/mo

Median Home

$683,700

Affordability

187

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$3,457
Property Tax$376
Insurance$228

Total Monthly$4,061
% of Income53.5%

Renting

Median Rent$1,873
Renter's Insurance$25

Total Monthly$1,898
% of Income24.7%

Living in Monterey County, California

Monterey County has a median household income of $91,043 with housing costs that represent 53.5% of income for owners and 24.7% for renters. Housing costs exceed the recommended 30% threshold, suggesting affordability challenges.

The affordability index of 187 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

Compare Cost of Living Across Counties

Enter two locations and get a side-by-side comparison of housing, taxes, utilities, transportation, and overall affordability with salary adjustment calculations.

Start Free Comparison

Other Counties in California

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.