Cost of Living in Bakersfield, CA
Bakersfield has a cost of living index of 95 (100 = national average), making it more affordable than the national average. The median household income is $57,437 and the median home price is $350,000.
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Bakersfield at a Glance
Population
407,615
Cost of Living Index
95
Median Income
$57,437
Median Home Price
$350,000
Property Tax Rate
0.75%
Sales Tax Rate
8.25%
Rent Index
78
State
California
Living in Bakersfield
Bakersfield offers a cost of living below the national average, making it an attractive option for those looking to stretch their dollar further. The median home price of $350,000 is well within reach for many families.
The combined sales tax rate in Bakersfield is 8.25%, and the effective property tax rate is 0.75%. Property taxes are relatively low compared to the national average.