Cost of Living in Gasquet, CA

With a cost of living index of 95, Gasquet, CA is slightly more affordable than average. Living here is 5% cheaper than the national average and 49% below the California state average of 144. Gasquet is a small community of 392 residents.

Housing costs are the biggest factor in Gasquet's cost of living. The median monthly rent is $882 (33% below the US median of $1,319), and the median home value sits at $365,300 (20% above the national median of $304,900). At current prices, the median home costs roughly 7.8x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Gasquet is $46,620, which is 38% 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. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Gasquet. The area sees an average annual temperature of 52.9°F, with summers averaging 57°F and winters around 49°F. Annual rainfall totals 58 inches spread over roughly 141 days.

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.