Cost of Living


Lower cost of housing, transportation and property taxes make Fresno County's cost of living one of the lowest in the state of California. The average purchase price of a home is $272,482. The Fresno Metropolitan area has seen a recent influx of families from the San Francisco Bay and Los Angeles areas who have discovered affordable housing in the San Joaquin Valley. Fresno offers rewarding employment opportunities and a more relaxed, enjoyable lifestyle. Rental housing is plentiful in a wide price range.

Fast Facts from the California Department of Real Estate
Updated March 2006

Calif. median home price - Jan. 06: $551,300 (Source: C.A.R.)

 

Calif. highest median home price by C.A.R. region Jan. 06:
Santa Barbara So. Coast $1,120,000 (Source: C.A.R.)

 

Calif. lowest median home price by C.A.R. region Jan. 06:
High Desert $321,500 (Source: C.A.R.)

 

Mortgage rates - week ending 3/16:
30-yr. fixed: 6.34%; Fees/points: 0.7%
15-yr. fixed: 5.98%; Fees/points: 0.7%
1-yr. adjustable: 5.37%; Fees/points: 0.8%
(Source: Freddie Mac)


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