Cost Of Living & Real Estate

Fresno Comes Out on Top Among California's Largest Cities

Here is a breakdown of cost of living between the 5 largest cities in California. This is from an independent 3rd party website, Sperlings Best Places to Live (https://www.bestplaces.net/) and really shows how much far your dollar goes in Fresno as compared to other cities. I have also included some additional information on Fresno for you to review.

FRESNO VS SAN FRANCISCO

A salary of $450,000 in Fresno, California should increase to $1,271,939 in San Francisco, California to maintain the same standard of living. Overall, San Francisco, California is 162.5% more expensive than Fresno, California. Median Home Cost is 456% more expensive in San Francisco.
https://www.bestplaces.net/cost-of-living/fresno-ca/san-francisco-ca/450000 

FRESNO VS SACRAMENTO

A salary of $450,000 in Fresno, California should increase to $532,236 in Sacramento, California to maintain the same standard of living. Overall, Sacramento, California is 15.2% more expensive than Fresno, California. Median Home Cost is 32% more expensive in Sacramento.
https://www.bestplaces.net/cost-of-living/fresno-ca/sacramento-ca/450000 

FRESNO VS LOS ANGELES

A salary of $450,000 in Fresno, California should increase to $814,425 in Los Angeles, California to maintain the same standard of living. Overall, Los Angeles, California is 68.9% more expensive than Fresno, California. The Median Home Cost is 178% more expensive in Los Angeles.
https://www.bestplaces.net/cost-of-living/fresno-ca/los-angeles-ca/450000 

FRESNO VS SAN DIEGO

A salary of $450,000 in Fresno, California should increase to $740,955 in San Diego, California to maintain the same standard of living. Overall, San Diego, California is 56.0% more expensive than Fresno, California. Median Home Cost is 160% more expensive in San Diego.
https://www.bestplaces.net/cost-of-living/fresno-ca/san-diego-ca/450000 

Real Estate 

Fresno is a popular destination for single career-starters. One thing that you will notice when you are out and about town is that there is a large population of people who are young, single, educated, and upwardly mobile career starters out at restaurants, listening to live music, and enjoying other activities. They are a real visible part of the culture of Fresno. This makes Fresno a good place to live for young professionals. With so many people in this demographic, Fresno presents many opportunities for single professionals to enjoy themselves, socialize, and to create lasting relationships.

https://www.zillow.com/homes/Clovis,-Ca_rb/

Of the large cities in America, Fresno is one of the most car oriented. This is reflected in the urban landscape, which features highways, wide streets, parking lots, and shopping centers of all sizes. It is also reflected in the statistics: 81.85% of people in Fresno drive to work in their own car every day, most often alone. So, if you are going to live in Fresno, you will need to learn to love driving. Alternative forms of transportation are not very widely used or supported.

The citizens of Fresno are slightly better educated than the national average of 21.84% for all cities and towns, with 21.93% of adults in Fresno having a bachelor’s degree or advanced degree.

The per capita income in Fresno in 2018 was $23,564, which is lower middle income relative to California and the nation. This equates to an annual income of $94,256 for a family of four. However, Fresno contains both very wealthy and poor people as well.

Fresno is an extremely ethnically diverse city. The people who call Fresno home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Fresno, accounting for 49.61% of the city’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Fresno residents report their race to be White, followed by Asian. Important ancestries of people in Fresno include German, Irish, English, Italian, and Armenian.

In addition, Fresno has a lot of people living here who were born outside of the US (20.37%).

The most common language spoken in Fresno is English. Other important languages spoken here include Spanish and Miao/Hmong. 

© Copyright 2023 Pacific Companies. All Rights Reserved.