The cost of living in Morro Bay, CA, significantly exceeds the nationwide average, with a total index of 140. This represents a 40% increase over the national average of 100. Specifically, housing costs are 85% higher, while groceries, utilities, transportation, healthcare, and miscellaneous expenses are 15%, 5%, 10%, 20%, and 30% higher, respectively. Job seekers should consider these elevated costs when evaluating opportunities in Morro Bay.
The cost of living in Morro Bay, California, stands notably higher than the nationwide average, which is set at 100. Housing costs in Morro Bay are particularly steep, with an index of 185. This means that housing expenses are 85% higher than the national average. For job seekers considering a move, this could significantly impact their budget, as they would need to allocate a larger portion of their income to secure a place to live.
Other expenses in Morro Bay also exceed the national average. Groceries, for example, have an index of 115, indicating a 15% increase in food costs. Utilities, transportation, healthcare, and miscellaneous items also show higher costs, with indices of 105, 110, 120, and 130, respectively. These figures suggest that overall living expenses in Morro Bay are 25% higher than the national average. Job seekers need to consider these factors when evaluating potential relocation to Morro Bay.