Yes, Half Moon Bay is considered an expensive place to live, with a cost of living significantly higher than California's national and state averages, particularly in terms of housing. Half Moon Bay is part of the San Francisco-San Mateo-Redwood City Metropolitan Division. Metropolitan area, ranked 4th out of 273 U.S. cities.
Department of State in terms of cost of living. According to the C2ER (the Economic and Community Research Council), the cost of living in Half Moon Bay is estimated at 162.7% of the national average, making it one of the most expensive cities in EE. UU. Not only are home prices in Half Moon Bay among the most expensive in California, but Half Moon Bay real estate is also consistently among the most expensive in the United States.
Half Moon Bay has more artists, designers and people who work in the media than 90% of communities in the United States. The Cost of Living Housing Index estimates that the cost of housing in Half Moon Bay is 252 percent of the national average. Take Half Moon Bay as an example, where the average home price falls 525.3% more than the national average, and monthly rent rates are 103.2% higher than usual. So plan to make sure your net income meets your needs and wants, so you can live comfortably in Half Moon Bay, CA.
In Half Moon Bay, you can expect to pay 19.9% more than average for these items, making it a more expensive place to live. Only a small fraction of regions have a cost of living at least 20% higher than the national average, and unfortunately Half Moon Bay falls into this category, which may not be suitable for those seeking an economically favorable living environment. Half Moon Bay is also nautical, meaning that some parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. The cost of living in Half Moon Bay is one of the highest in the country, making it a very expensive place to live.
The Half Moon Bay cost-of-living data shown above is derived from the C2ER cost-of-living index to provide a useful and reasonably accurate measure of cost-of-living differences in urban areas. It is also interesting to know that more people who work in computer science and mathematics live here in Half Moon Bay than in 95% of places in the United States. For example, if you know the typical housing costs in Half Moon Bay, you can use simple rules that are widely followed to determine if you can afford it with your salary. Half Moon Bay is a small city and, as such, doesn't have a public transportation system that people use to get to and from work every day. Understanding the expected costs in Half Moon Bay can help you determine if a given wage is a living wage.
Housing costs make up a large part of the cost of living in Half Moon Bay and usually make up a large part of your net salary.
