Oakley, CA vs Parkway, CA

The cost of living difference between Oakley, CA and Parkway, CA is dramatic. Parkway is 40.8% cheaper than Oakley, a gap that translates to thousands of dollars per year in household expenses. Oakley has a cost index of 155 while Parkway sits at 110, 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 Oakley is $2,031/month compared to $1,402/month in Parkway — a 45% difference. Home values follow the same pattern: Parkway is more affordable at $355,400 median vs $632,800.

Median household income in Oakley is $132,067 compared to $64,380 in Parkway (+105.1%). While Oakley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Oakley spend roughly 18.5% of their income on rent, less than the 26.1% in Parkway.

Climate-wise, both cities share similar average temperatures (62°F vs 61.8°F). Parkway receives more rainfall at 18.1" per year compared to 16.1" in Oakley.