Oakley, CA

Very High · 172

California · Population 44,311 · Updated March 2026

$2,031
Median Rent / Month
$132,067
Median Income
$632,800
Median Home Value
$2,533
Owner Costs / Month

Affordability

How far your income goes in Oakley

18.5%
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

$24,372
Annual Rent
$17,565
State Income Tax
$4,493
Property Tax (est.)

Cost of Living Overview

Oakley has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 172 (where 100 equals the national median), Oakley residents can expect to pay median rent of $2,031/month while earning a median household income of $132,067/year.

The median home value in Oakley, CA is $632,800, with typical monthly owner costs around $2,533 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.5% 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 Oakley.

Frequently Asked Questions

Common questions about living costs in Oakley

What is the cost of living in Oakley, CA?
The cost of living index in Oakley, CA is 172 (US average = 100). Median monthly rent is $2,031, median household income is $132,067/year, and the median home value is $632,800.
Is Oakley, CA affordable?
No, Oakley is more expensive than the national average with a cost index of 172. The rent-to-income ratio is 18.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Oakley, CA?
The median gross rent in Oakley, CA is $2,031 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $24,372.
What is the median household income in Oakley?
The median household income in Oakley, CA is $132,067 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%.