Cost of Living in Blacklake, CA

With a cost of living index of 203, Blacklake, CA is one of the most expensive cities in the United States. Living here is 103% more expensive than the national average and 60% above the California state average of 144. Blacklake is a small community of 1,122 residents.

Housing costs are the biggest factor in Blacklake's cost of living. The median monthly rent is $3,203 (143% above the US median of $1,319), and the median home value sits at $821,600 (169% above the national median of $304,900). At current prices, the median home costs roughly 8.3x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Blacklake is $99,191, which is 32% higher than the national median of $75,149. Residents spend roughly 39% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. While incomes are above average, they do not fully offset the higher cost of living.

Everyday prices in the San Luis Obispo-Paso Robles, 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.