Belmont, CA, has a higher cost of living compared to the nationwide average. The housing index in Belmont stands at 283, which is 83% higher than the national average of 100. Other categories like groceries, transportation, and miscellaneous also exceed the average, with indices of 131, 141, and 135, respectively. This indicates that living in Belmont involves significantly higher expenses in several key areas.
Belmont, CA, has a higher cost of living compared to the nationwide average, which is set at 100. The housing index in Belmont stands at 283, indicating that housing costs are nearly three times the national average. This significant increase means that potential residents can expect to pay substantially more for homes and rent in Belmont.
Other expenses in Belmont also exceed the national average. For instance, the grocery index is at 131, meaning groceries cost 31% more than the average. Utilities are slightly below the national average at 97, but transportation costs are 41% higher at 141. Healthcare costs are relatively close to the average at 102, while miscellaneous expenses are 35% higher at 135. Overall, Belmont presents a higher cost of living in most categories, which job seekers should consider when planning their move.
