Cost of Living in Bakersfield, CA
Population: 408,366 | California
Bakersfield is 6% more expensive than the national average.
Cost of Living in Bakersfield, CA: What You Need to Know
With a cost of living index of 106, Bakersfield, CA is somewhat more expensive than average. Living here is 6% more expensive than the national average and 38% below the California state average of 144. As a major city with a population of 408,366, Bakersfield offers a wide range of housing options, employment opportunities, and urban amenities.
Housing costs are the biggest factor in Bakersfield's cost of living. The median monthly rent is $1,371 (4% above the US median of $1,319), and the median home value sits at $347,300 (14% above the national median of $304,900). At current prices, the median home costs roughly 4.5x the median household income — a moderately affordable ratio by today's standards.
The median household income in Bakersfield is $77,397, which is 3% higher than the national median of $75,149. Residents spend roughly 21% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
Everyday prices in the Bakersfield-Delano, CA (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 6 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $77,397
- vs US Median ($75,149)
- +3%
Housing
- Median Rent
- $1,371/mo
- Median Home Value
- $347,300
- Median Monthly Housing Cost
- $1,540/mo
Everyday Prices in Bakersfield
BLS Average Prices for the Bakersfield-Delano, CA (Metropolitan Statistical Area) area