Oakley, CA vs Pacific Grove, CA

There is a significant gap in the cost of living between these two cities. Oakley is 24.4% cheaper than Pacific Grove. With a cost index of 155 vs 205, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oakley to Pacific Grove should plan for substantially higher expenses across most categories.

On the housing front, median rent in Oakley is $2,031/month compared to $2,384/month in Pacific Grove — a 15% difference. Home values follow the same pattern: Oakley is more affordable at $632,800 median vs $1,129,400.

Median household income in Oakley is $132,067 compared to $105,568 in Pacific Grove (+25.1%). Oakley offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Oakley spend roughly 18.5% of their income on rent, less than the 27.1% in Pacific Grove.

Climate-wise, Oakley is notably warmer with an average of 62°F compared to 57.3°F in Pacific Grove. Pacific Grove receives more rainfall at 16.2" per year compared to 16.1" in Oakley.