Santa Cruz, California's cost of living, while relatively higher than the national average, remains an appealing prospect for physicians considering a relocation to this beautiful coastal city. When compared to nearby major cities, Santa Cruz offers a competitive cost of living that is well-suited to the earning potential of physicians and healthcare professionals.
According to Sperling's Best Places, Santa Cruz has an overall cost of living index of 204.5, which is higher than the national average of 100. However, when compared to San Francisco (an index of 319.2) and San Jose (an index of 257.6), Santa Cruz proves to be a more affordable option for physicians seeking to live in the thriving and picturesque Central Coast region of California.
A significant factor contributing to the cost of living in Santa Cruz is housing, with a median home price of around $1,047,500. While this is higher than the national median, it is considerably lower than San Francisco's median home price of approximately $1,606,700 and San Jose's median of $1,218,800. This makes Santa Cruz an attractive option for professionals seeking to balance the allure of coastal living with the practicality of affordable housing.
For those seeking more affordable housing options, nearby cities such as Capitola, Aptos, and Watsonville offer a lower cost of living while still providing easy access to the amenities and attractions of Santa Cruz. Capitola, with its charming seaside village atmosphere, is located just 6 miles southeast of Santa Cruz, while Aptos, known for its beautiful beaches and redwood forests, is only 10 miles away. Watsonville, a more budget-friendly option, is situated 18 miles southeast of Santa Cruz and is home to a diverse and family-friendly community.
In summary, Santa Cruz offers a competitive cost of living when compared to nearby major cities, with more affordable housing options and a lower property tax rate. Physicians seeking to relocate to the area will find that the city's beautiful coastal setting, diverse population, and robust economy offer a high quality of life that makes the investment well worth it.
Cost of Living:
https://www.bestplaces.net/cost_of_living/city/california/santa_cruz
Real Estate Options:
https://www.zillow.com/santa-cruz-ca/
https://www.realtor.com/realestateandhomes-search/Santa-Cruz_CA
https://www.trulia.com/CA/Santa_Cruz/