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Montecito, CA vs Wasco, CA

310
Montecito
California
VS
+258.2%
87
Wasco
California

The cost of living difference between Montecito, CA and Wasco, CA is dramatic. Wasco is 258.2% cheaper than Montecito, a gap that translates to thousands of dollars per year in household expenses. Montecito has a cost index of 310 while Wasco sits at 87, 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 Montecito is $3,501/month compared to $991/month in Wasco — a 253% difference. Home values follow the same pattern: Wasco is more affordable at $251,900 median vs $2,000,001.

Median household income in Montecito is $222,966 compared to $55,521 in Wasco (+301.6%). While Montecito is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Montecito spend roughly 18.8% of their income on rent, less than the 21.4% in Wasco.

Climate-wise, Wasco is notably warmer with an average of 66.2°F compared to 59.3°F in Montecito. Montecito receives more rainfall at 17.3" per year compared to 6.4" in Wasco.

Income & Cost

Cost of Living Index
Montecito
310
Wasco
87
72% cheaper
Median Household Income
Montecito
$222,966
75% higher
Wasco
$55,521

Housing

Median Rent
Montecito
$3,501
Wasco
$991
72% cheaper
Median Home Value
Montecito
$2,000,001
Wasco
$251,900
87% cheaper
Population
Montecito
8,823
Wasco
26,222

Salary Equivalency Calculator

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Rent by Bedroom Size

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

Studio
Montecito $2,770
Wasco $1,440
48% cheaper
1 Bed
Montecito $3,090
Wasco $1,630
47% cheaper
2 Bed
Montecito $3,520
Wasco $2,070
41% cheaper
3 Bed
Montecito $4,590
Wasco $2,650
42% cheaper
4 Bed
Montecito $5,230
Wasco $2,920
44% cheaper

Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Montecito $3.22
Wasco $3.22
US $3.07
🥚
Eggs (grade A, large)
Montecito $2.62
Wasco $2.62
US $2.50
🥛
Milk (whole)
Montecito $4.22
Wasco $4.22
US $4.03
🍞
Bread (white)
Montecito $1.94
Wasco $1.94
US $1.85
🍗
Chicken breast
Montecito $4.35
Wasco $4.35
US $4.14
Electricity
Montecito $0.25
Wasco $0.28
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Montecito 59.3°F
Wasco 66.2°F
Summer High
Montecito 73°F
Wasco 98°F
Winter Low
Montecito 41°F
Wasco 41°F
Rainfall
Montecito 17.3"
Wasco 6.4"
Rainy Days
Montecito 39d
Wasco 38d