Hi, I’m Warren Oberholser. I’m a realtor in the East Bay Tri-Valley area in Northern California. My goal is to help both buyers and sellers get maximum results for one of their biggest investments, their home.
This BLOG is all about the cost of living for San Ramon, California. If you’d like to know more general information on San Ramon, please watch my Pros & Cons for San Ramon. The stats and information I’m going to share with you come from bestplaces.net.
What I’m going to do in this BLOG is show you how San Ramon‘s cost of living rates to the national average. Then as I have with my other cost of living videos, I’m going to do a bit of a deep dive by comparing San Ramon’s cost of living to two other cities, Menlo Park, and Tracy. These cities are about 30 to 40 miles apart from San Ramon however, you’ll be surprised by the difference in their cost of living.
The cost of living is based on the US average of 100.
For example, if the category is groceries and San Ramon’s number is 113.4, then this means San Ramon is 13.4% higher than that particular category compared to the national average.
Let’s look at San Ramon’s cost of living and compare that to the national average. Overall San Ramon’s cost of living average is 218.9 compared to the national average and 149.9 compared to California, which means it’s approximately 119% higher than the national average and 50% higher than California.
I’m now going to break this down to categories so we can see which area or areas is causing San Ramon’s cost of living to be so much higher than the national average.
You have groceries. As I said, it’s 113.4, healthcare is 109.3, utilities is 101.3, transportation, 132.7 and miscellaneous is 110. As I always do a little joke here, I’m not seeing where the big increase is. Oh yeah, just kidding. It’s housing.
Now in San Ramon, it’s 452.4. That’s massive. This is approximately 352.4% higher than the national average with a median home cost of approximately $1,046,000.
To give some balance to this equation, I’m going to compare San Ramon to another city, Menlo Park, which is about 40 miles southwest.
Looking at the two categories, the cost between the two cities is about a wash. However, when we view the categories for housing, Menlo Park is 117.4% more expensive than San Ramon. Menlo Park’s median house price is $2,273,900, compared to San Ramon, which is just now $1,046,000. This means Menlo Park’s cost of housing is $1,227,900 higher in San Ramon.
Now you may be wondering, why am I comparing San Ramon to Menlo Park? Well, the reason why is a lot of people who live in San Ramon commute to Silicon Valley, and one of the main towns is Menlo Park. This way you can understand the cost of living in San Ramon is higher compared to the national average, as well as California. However, it’s a pretty good deal when you compare it to Silicon Valley.
Okay, I’m now going to compare San Ramon to Tracy.
Tracy is just about 30 miles east of San Ramon. The bottom line is Tracy’s cost of housing is 51.1% cheaper than San Ramon. Tracy’s median house cost is $511,400 making it $534,600 cheaper than San Ramon.
The last point to bring up on Tracy, they’ve had several newer home developments over the last 20 years.
Hopefully, comparing San Ramon to these other two cities, Menlo Park and Tracy have made it easier for you to decide if San Ramon is a good fit or a good place for you to live.
I hope you enjoyed this article. Please let me know if you have any questions. Warren
Hello…I work with both buyers and sellers in the Tri-Valley area of Northern California. The Tri-Valley is comprised of 6 cities: Pleasanton, Livermore, Dublin, San Ramon, Danville, and Alamo. To better understand what each city has to offer, I have created a Pros and Cons video and BLOG for each – (Pros & Cons for Pleasanton, Pros & Cons for Livermore, Pros & Cons for Dublin, Pros & Cons for San Ramon, Pros & Cons for Danville and Pros & Cons for Alamo). 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!
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