Bakersfield is 54% cheaper than Thousand Oaks.
When comparing Bakersfield, CA and Thousand Oaks, CA, the overall cost of living indices are 104 and 226 respectively (national median = 100). Rent is $1,209/month cheaper in Bakersfield, saving renters about $14,508/year.
Median household income is $56,970/year higher in Thousand Oaks. Home values also differ significantly — the median in Bakersfield is $347,300 compared to $951,200 in Thousand Oaks.
Both cities share the same state tax structure since they are in California.
Bakersfield vs Thousand Oaks — common questions
Other cost of living comparisons for Bakersfield and Thousand Oaks