Atherton, CA, has a significantly higher cost of living compared to the nationwide average. The cost of living index in Atherton is 355, which is 255% higher than the national average of 100. This elevated cost of living is primarily driven by the high housing index, which stands at 470, nearly five times the national average. Job seekers considering Atherton should be prepared for a notably higher cost of living, especially in housing and utilities.
Atherton, California, has a significantly higher cost of living compared to the nationwide average, which is set at 100. The housing index in Atherton is a striking 470%, indicating that housing costs are more than four times the national average. This high housing index reflects the premium price tag attached to living in one of the most affluent areas in the United States, making it essential for job seekers to consider the financial implications before relocating.
In addition to housing, other cost factors also exceed the national average. For instance, groceries cost 35% more, utilities are 5% higher, and transportation costs follow closely with a 20% increase. Healthcare and miscellaneous costs also show modest increases of 10% and 30%, respectively. Overall, Atherton presents a cost of living scenario that is substantially above the national average, presenting both opportunities and challenges for those considering a move to this upscale community.