If you’re looking for a home near the bustling San Francisco area with a cozier atmosphere and more luxurious living spaces, Danville, California may be the perfect Tri-Valley city for you.
But before you move, understanding the Danville cost of living is crucial.
Let’s look at what exactly it costs to live in Danville, based on housing costs, utilities, groceries, taxes, and more. Armed with this information, you can decide if it’s worth it to pay for life in Danville and if this city may be right for you.
Can you afford to live in Danville?
Cost of Housing in Danville, California
One of the first things you’ll want to check if you’re thinking about moving to Danville is how much housing will cost.
Can you afford to buy a home in Danville? Would it be better to buy or rent? What’s the typical home price for a new Danville resident?
On average, you can expect a single-family home in Danville to cost about $1,740,100, according to bestplaces.net. Most Danville homes are sprawling and spacious with expansive yards, large garages, and lots of modern amenities.
If you prefer to rent while you search for the perfect home or simply stay in Danville temporarily, you’ll find that monthly payments are fairly high. For a studio apartment, you’ll pay an average of $2,320 per month; for a one-bedroom, $2,760 per month; for a 2-bedroom, $3,380 per month; for a 3-bedroom, $4,410 per month; for a 4-bedroom, $5,200 per month.
As you can see, housing in Danville is fairly expensive, but it is also incredibly high-quality and many homes in Danville are new and updated with modern features and amenities.
Cost of Utilities in Danville, California
Once you know how much your home will cost in Danville, it’s time to consider how much you’ll need to pay in utilities each month.
While these costs will vary considerably depending on your exact situation, there are some averages you can look at to get a good idea of utility costs in Danville.
On average, you can expect to pay around $500 to $700 per month in utilities. Average costs include:
- Around $250 for an energy bill
- Around $90 for an internet bill
- Around $250 for a phone bill
- Around $4.56 per gallon of gas
Depending on your exact needs and how many people live in your family, your utility costs are sure to vary. But keep in mind that you’ll probably want to budget from $700 to $1,000 per month for gas and utilities to be on the safe side.
Cost of Groceries in Danville, California
Grocery costs change regularly based on many factors outside of a single city’s governance.
However, Danville consistently has fairly high grocery prices. For some typical grocery items, you can expect to pay an average of:
- $5.00 for a loaf of bread
- $3.50 for a gallon of milk
- $3.00 to $4.00 for a dozen eggs
- $4.00 for a bunch of bananas
- $3.00 for 2 pounds of potatoes
If you enjoy going out, you’ll find that Danville’s delicious restaurants are pretty pricey. The average hamburger meal at a fast food restaurant will cost around $10, while a dinner out for a date night is likely to run closer to $90. Most cappuccinos will cost between $4.00 and $5.00.
There are many amazing restaurants in Danville, so be sure to plan a bit of money for eating out into your monthly food budget!
Cost of Healthcare in Danville, California
Don’t forget to plan the occasional doctor or dental visit into your budget!
If you’re a parent with young kids or if you’re simply getting older, medical bills are sure to make up at least a decent percentage of your monthly income. So, how much will they cost in Danville?
On average, you can expect to pay around:
- $160 for a doctor’s visit
- $140 for a dentist visit
- $150 for an optometrist visit
- $590 for a prescription drug
Vet visits usually range at around $70 per visit, so keep that in mind as well if you have pets who will be needing checkups, vaccines, or medical treatment at any point.
Cost of Taxes in Danville, California
One of the most overlooked costs that you’ll need to consider is the cost of taxes.
As you move to Danville, you should be aware that the Danville sales tax rate is 9%. The average property tax paid by residents is currently sitting at about 0.9%.
Income tax varies based on what bracket you’re in. However, if you make the average salary of a Danville resident (whether you’re single or have a family), you’re likely to be looking at an income tax of between 8% and 9.3%.
How Much Should I Make To Live in Danville, California?
As with everything, how much you need to make to live in Danville will vary considerably based on your standard of living.
The average salary of a family living in Danville is between $150,000 and $160,000 per year.
If you want to maintain a high standard of living, you’ll likely want to make a salary of at least $100,000 per year, though higher may be better. With Danville’s wide selection of things to do and luxurious real estate scene, making more money per year will help you keep up with local residents and maintain a truly luxury lifestyle.
What Am I Paying for in Danville?
Now that you know roughly how much living in Danville is likely to cost, you are probably wondering why exactly you should choose Danville as your new Tri-Valley area home.
Danville has a population of around 43,000 residents. It boasts 6 community parks with water features, hiking trails, and sports fields. In addition, you’ll find the popular historic walking tour and Eugene O’Neill National Historic Site for those who enjoy cultural and historical explorations.
Danville’s economy rests on wealthy executive job-holders who enjoy the smaller spaces, rich cultural background, and excellent selection of family-friendly activities in the city. Danville is known as the heart of the San Ramon Valley and is also home to the famous tourist attraction Iron Horse Regional Trail.
With regular shows and exhibits, a weekly farmers’ market, delicious restaurants, highly-rated schools, and lots of fun hiking areas, you’ll find that Danville is a pristine, family-friendly community with tons of amenities. There’s a reason many of the Tri-Valley area’s wealthiest residents enjoy settling within Danville’s borders!
Ready To Move To Danville, CA?
Now, it’s time for you to decide.
If you like what you’ve heard about Danville and are okay with the cost of living in the city, you may want to seriously consider moving to Danville soon!
If you’re ready to take the next step, don’t hesitate to reach out for more information. I can show you a list of available homes and help you figure out more specifically how much it will cost for YOUR family to live a comfortable life in Danville.
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Hello…I work with both buyers and sellers in the Northern California area.
My real estate spans from the East Bay (Tri-Valley) to the Greater Sacramento areas. If you would like to know more about the Tri-Valley area, please read: “Everything you need to know about the Tri-Valley area”To better understand what each city has to offer, I have created a Pros and Cons videos and articles for each Tri-Valley Area:
If you are thinking about purchasing or selling a home, please reach out to me by text, phone, or email. If it is convenient, I can schedule a Zoom chat so we can discuss your home goals. Wishing you all the best on your home journey. Cheers!
eXp Realty
(925) 980-4603
DRE # 01861944
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