Thousand Oaks is 10% cheaper than Berkeley.
When comparing Thousand Oaks, CA and Berkeley, CA, the overall cost of living indices are 226 and 251 respectively (national median = 100). Rent is $453/month cheaper in Berkeley, saving renters about $5,436/year.
Median household income is $25,809/year higher in Thousand Oaks. Home values also differ significantly — the median in Thousand Oaks is $951,200 compared to $1,351,100 in Berkeley.
Both cities share the same state tax structure since they are in California.
Thousand Oaks vs Berkeley — common questions
Other cost of living comparisons for Thousand Oaks and Berkeley