Living in Orange County, California can be expensive. The housing costs are 157% higher than the national average, while utility prices are 8% lower. Transportation costs, such as bus fares and gas prices, are 29% higher than the national average. Despite the high cost of living, Orange County is ranked 826th (top 9%) on the list of the best places to live in the world, the 121st best city to live in the United States, and the 21st most livable city in California.
When it comes to budgeting for life in Orange County, it's essential to factor in all expenses. Housing is one of the biggest costs for residents of Orange County. The median home price is $735,000, which is significantly higher than the national average of $200,000. Renting a one-bedroom apartment in Orange County will cost an average of $2,000 per month.
Utilities are one expense that is lower than the national average in Orange County. The average monthly cost for utilities such as electricity, water, and garbage is $150. This is 8% lower than the national average of $163. Transportation costs are also higher than the national average in Orange County. The average cost of a gallon of gas is $3.50, which is 29% higher than the national average of $2.70.
Bus fares are also higher than the national average at $2 per ride. Overall, living in Orange County can be pricey but it is still considered one of the best places to live in the world. Despite its high cost of living, it offers a high quality of life with its beautiful beaches and year-round sunshine.
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