Half Moon Bay, CA, has a higher cost of living compared to the nationwide average. The cost of living index in Half Moon Bay stands at 150, which is 50% higher than the national average of 100. This increase is largely driven by the housing index, which is 32% higher than the national average.
Other categories such as groceries, utilities, transportation, healthcare, and miscellaneous also show higher costs, though to a lesser extent. For example, groceries are 30% higher, while utilities and transportation are 10% higher. These figures highlight the importance of considering the full cost of living when relocating to Half Moon Bay.
The cost of living in Half Moon Bay, California, is notably higher than the nationwide average. The housing index stands at 232, which is 132% higher than the national average. This means that housing costs in Half Moon Bay are more than double the average cost across the country. For job seekers considering this area, this significant increase in housing expenses can be a major factor in their overall budget planning.
Other expenses in Half Moon Bay also exceed the national average. Groceries cost 30% more, with an index of 130. Utilities are 10% higher, while transportation costs are 20% above the national average. Healthcare and miscellaneous expenses also show increases, with indices of 115 and 125, respectively. These higher costs reflect the premium lifestyle often associated with coastal living, but they also highlight the financial considerations for those relocating to Half Moon Bay.