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Cherry Valley, CA vs Granite Bay, CA

109
Cherry Valley
California
VS
-47.5%
207
Granite Bay
California

The cost of living difference between Cherry Valley, CA and Granite Bay, CA is dramatic. Cherry Valley is 47.5% cheaper than Granite Bay, a gap that translates to thousands of dollars per year in household expenses. Cherry Valley has a cost index of 109 while Granite Bay sits at 207, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Cherry Valley is $1,380/month compared to $2,609/month in Granite Bay — a 47% difference. Home values follow the same pattern: Cherry Valley is more affordable at $358,000 median vs $1,094,100.

Median household income in Cherry Valley is $78,125 compared to $190,000 in Granite Bay (-58.9%). While Granite Bay is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cherry Valley spend roughly 21.2% of their income on rent, more than the 16.5% in Granite Bay.

Income & Cost

Cost of Living Index
Cherry Valley
109
47% cheaper
Granite Bay
207
Median Household Income
Cherry Valley
$78,125
Granite Bay
$190,000
59% higher

Housing

Median Rent
Cherry Valley
$1,380
47% cheaper
Granite Bay
$2,609
Median Home Value
Cherry Valley
$358,000
67% cheaper
Granite Bay
$1,094,100
Population
Cherry Valley
7,302
Granite Bay
21,378

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Rent by Bedroom Size

HUD Fair Market Rent (FY 2026) — metro area average

Studio
Cherry Valley $2,020
Granite Bay $1,784
12% cheaper
1 Bed
Cherry Valley $2,148
Granite Bay $1,871
13% cheaper
2 Bed
Cherry Valley $2,675
Granite Bay $2,305
14% cheaper
3 Bed
Cherry Valley $3,520
Granite Bay $3,077
13% cheaper
4 Bed
Cherry Valley $4,178
Granite Bay $3,552
15% cheaper

Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cherry Valley $3.13
Granite Bay $3.22
US $3.07
🥚
Eggs (grade A, large)
Cherry Valley $2.55
Granite Bay $2.62
US $2.50
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Milk (whole)
Cherry Valley $4.11
Granite Bay $4.22
US $4.03
🍞
Bread (white)
Cherry Valley $1.89
Granite Bay $1.94
US $1.85
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Chicken breast
Cherry Valley $4.22
Granite Bay $4.35
US $4.14
Electricity
Cherry Valley $0.31
Granite Bay $0.26
US $0.19