Cost of Living in Clay, CA

With a cost of living index of 142, Clay, CA is one of the most expensive cities in the United States. Living here is 42% more expensive than the national average and in line with the California state average. Clay is a small community of 1,325 residents.

Housing costs are the biggest factor in Clay's cost of living. The median monthly rent is $1,435 (9% above the US median of $1,319), and the median home value sits at $732,700 (140% above the national median of $304,900). At current prices, the median home costs roughly 6.4x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Clay is $115,313, which is 53% higher than the national median of $75,149. Residents spend roughly 15% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. While incomes are above average, they more than offset the higher cost of living.

Everyday prices in the Sacramento-Roseville-Folsom, 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.