Granite Bay, CA, has a higher cost of living compared to the nationwide average. The cost of living index in Granite Bay stands at 130, which is 30% higher than the national average of 100. This increase is particularly noticeable in housing, which is 200 on the index. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also exceed the national average, making Granite Bay a more expensive place to live.
Granite Bay, CA, has a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Granite Bay are notably higher, with an index of 200. This means housing expenses are twice as high as the national average. Job seekers should be aware that finding affordable housing may be more challenging in this area.
Other expenses in Granite Bay also exceed the national average. For instance, groceries cost 20% more, with an index of 120. Utilities are 10% more expensive, at 110. Transportation costs are slightly higher, with an index of 105. Healthcare costs are 15% above the average, at 115. Miscellaneous expenses are also 30% higher, with an index of 130. These factors collectively contribute to the elevated cost of living in Granite Bay.