What’s the cost of living for Pleasanton, California? You need to watch this first before making any decisions to move to Pleasanton, and it’s all coming up. Stay tuned.
I’m Warren Oberholser with eXp Realty. I’m located in the East Bay Tri-Valley area in Northern California. As a realtor my goal is to help both buyers and sellers get maximum results for one of their biggest investments, their home. If you’re considering moving to the town of Pleasanton, hopefully after reading this article on the cost of living in Pleasanton will make it clear if it’s the right move for you.
If you need some information on Pleasanton, please watch some of these videos I posted in the past:
Pleasanton: Top 5 Reasons to MOVE to Pleasanton, How to BUY a HOUSE in Pleasanton California the RIGHT way, 17 items you NEED to know FIRST before living in Pleasanton California – moving to PLEASANTON CA
The data I’m going to share with you comes from bestplaces.net. What I’m going to do first in this article is show you how Pleasanton’s cost of living rates with the national average.
Then I’m going to do a bit of a deep dive by comparing Pleasanton’s cost of living to two other cities, Menlo Park and Mountain House. These cities are only 24 to 30 miles apart from Pleasanton, however, you’ll probably be surprised by the difference in cost of living.
The cost of living index is based on the US average of 100. So for example, if the category is groceries and Pleasanton’s number is 114.1, then this means Pleasanton is 14.1% higher in that particular category than the national average. So, let’s take a look how Pleasanton’s cost of living rates with the national average. Overall, Pleasanton’s cost of living average is 227.8 compared to the national average and 149.9 compared to California, which means it’s approximately 128% higher than the national average and 50% higher than California. Yikes! I’m not going to break this down into categories so we can see which area or areas is causing Pleasanton to be so much higher than the national average.
You have groceries, 114.1, healthcare, 103.5, utilities, 104.2, transportation, 124, and miscellaneous, 111.5. I’m not seeing where the big increase is. Oh! I forgot housing. Housing, 486.9. Wow! That’s approximately 390% higher than the national average with a median home cost approximately 895,000 over the national average. Now, what’s the rent? 242.8, which makes it approximately 143% higher than the national average.
I’m going to give some balance to this equation by going to another city, Menlo Park, which is about 30 miles down south. Now, this is a tech area where you’re going to see Google, Facebook, etc. Let’s see what this town’s cost of living is and compare or rate that to Pleasanton.
Looking at this first group of categories, cost between the two cities are about a wash. However, when we view the categories for taxes and cost of living, this makes Menlo Park 60% more expensive than Pleasanton. The biggest factor is the median home cost. Now, you may wonder, why am I comparing Pleasanton to Menlo Park? Well, the reason why is a lot of people that live in Pleasanton commute to the Silicon Valley, and one of the towns is Menlo Park. So this way, you can understand cost of living in Pleasanton is higher compared to the United States as well as California, however, it’s a pretty good deal compared to the Silicon Valley.
Now I’m going to compare Pleasanton to Mountain House. Mountain House is just 24 miles east from Pleasanton. Mountain House has become a hotspot for buyers. Mountain House was popular prior to the pandemic and this is due to the low prices compared to the Tri-Valley area and they have high rated schools. Now, with a Silicon Valley shutdown has increased buyer interest even more. The bottom line is, Mountain House is 28.4% cheaper than Pleasanton. The big factor is Mountain House medium home cost is 46% cheaper. The last point to consider about Mountain House is homes out there are much newer. In fact, the first phase didn’t start until 2001. Well, that concludes my cost of living for Pleasanton. Hopefully by looking at the other two cities, Menlo Park and Mountain House, have given you some insight on whether Pleasanton is a good place to live or in a good fit for you.
I hope you enjoy this article. Please email me any questions you may have. [email protected]
DRE # 01861944
ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATIONAL PURPOSES ONLY. THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED THROUGH SOURCES DEEMED RELIABLE BUT CANNOT BE GUARANTEED AS TO ITS ACCURACY. SUBJECT MATERIAL MAY HAVE ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ANY INFORMATION OF SPECIAL INTEREST SHOULD BE OBTAINED THROUGH INDEPENDENT VERIFICATION.