Cost of Living in Monmouth, CA

With a cost of living index of 88, Monmouth, CA is a very affordable place to live. Living here is 12% cheaper than the national average and 56% below the California state average of 144. Monmouth is a small community of 168 residents.

Housing costs are the biggest factor in Monmouth's cost of living. The median monthly rent is $1,391 (5% above the US median of $1,319), and the median home value sits at $113,500 (63% below the national median of $304,900). At current prices, the median home costs roughly 2.8x the median household income — well within traditional affordability guidelines.

The median household income in Monmouth is $40,673, which is 46% lower than the national median of $75,149. Residents spend roughly 41% of household income on rent. This is well above the 30% affordability threshold, indicating a significant housing cost burden for many residents. 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 Monmouth. The area sees an average annual temperature of 65°F, with summers averaging 81°F and winters around 49°F. Annual rainfall totals 11 inches spread over roughly 47 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Fresno, 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.