Coloma, CA vs Penryn, CA
Coloma is moderately more affordable than Penryn, with a 6.7% lower cost of living index. Coloma scores 129 compared to 139 for Penryn, where the US average is 100. This difference means residents of Penryn can expect to pay noticeably more for everyday expenses, housing, and services.
Renters will find that Coloma has a median rent of $2,178/month while Penryn comes in at $1,331/month, a 64% difference.
Median household income in Coloma is $119,189 compared to $121,302 in Penryn (-1.7%). Penryn does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Coloma spend roughly 21.9% of their income on rent, more than the 13.2% in Penryn.
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