Fresno, CA

Average · 101

California · Population 543,615 · Updated March 2026

$1,324
Median Rent / Month
$66,804
Median Income
$348,500
Median Home Value
$1,391
Owner Costs / Month

Affordability

How far your income goes in Fresno

23.8%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in California

State-level tax rates that affect your costs

13.3%
Income Tax (Top Rate)
7.25%
Sales Tax
0.71%
Property Tax Rate

Estimated Annual Costs

$15,888
Annual Rent
$8,885
State Income Tax
$2,474
Property Tax (est.)

Cost of Living Overview

Fresno has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 101 (where 100 equals the national median), Fresno residents can expect to pay median rent of $1,324/month while earning a median household income of $66,804/year.

The median home value in Fresno, CA is $348,500, with typical monthly owner costs around $1,391 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.8% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

California's top income tax rate of 13.3% is among the highest in the nation, adding to the overall cost burden. Combined with a 7.25% sales tax rate and 0.71% effective property tax rate, the overall tax environment is a factor in the total cost of living in Fresno.

Frequently Asked Questions

Common questions about living costs in Fresno

What is the cost of living in Fresno, CA?
The cost of living index in Fresno, CA is 101 (US average = 100). Median monthly rent is $1,324, median household income is $66,804/year, and the median home value is $348,500.
Is Fresno, CA affordable?
No, Fresno is more expensive than the national average with a cost index of 101. The rent-to-income ratio is 23.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Fresno, CA?
The median gross rent in Fresno, CA is $1,324 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,888.
What is the median household income in Fresno?
The median household income in Fresno, CA is $66,804 per year. This compares to the national median of approximately $80,000.
What are the taxes like in California?
California has a top income tax rate of 13.3%, a sales tax of 7.25%, and an effective property tax rate of 0.71%.

Compare Fresno With

Similar-sized cities to compare