Cost of Living in Cedar Ridge, CA

With a cost of living index of 111, Cedar Ridge, CA is somewhat more expensive than average. Living here is 11% more expensive than the national average and 33% below the California state average of 144. Cedar Ridge is a small community of 1,513 residents.

Housing costs are the biggest factor in Cedar Ridge's cost of living. The median monthly rent is $1,397 (6% above the US median of $1,319), and the median home value sits at $373,100 (22% above the national median of $304,900). At current prices, the median home costs roughly 5.2x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Cedar Ridge is $72,180, which is 4% lower than the national median of $75,149. Residents spend roughly 23% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.