Los Altos, CA vs Santa Monica, CA
There is a significant gap in the cost of living between these two cities. Santa Monica is 19.4% cheaper than Los Altos. With a cost index of 259 vs 310, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Santa Monica to Los Altos should plan for substantially higher expenses across most categories.
On the housing front, median rent in Los Altos is $3,501/month compared to $2,338/month in Santa Monica — a 50% difference. Home values follow the same pattern: Santa Monica is more affordable at $1,810,200 median vs $2,000,001.
Median household income in Los Altos is $250,001 compared to $109,739 in Santa Monica (+127.8%). While Los Altos is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Los Altos spend roughly 16.8% of their income on rent, less than the 25.6% in Santa Monica.
Climate-wise, both cities share similar average temperatures (59.9°F vs 62.8°F). Santa Monica receives more rainfall at 13.5" per year compared to 13.5" in Los Altos.
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Climate
NOAA 30-year normals (1991-2020)