San Jose-Sunnyvale-Santa Clara, CA vs Santa Maria-Santa Barbara, CA
A 2-bedroom in Santa Maria-Santa Barbara costs $359 less per month than San Jose-Sunnyvale-Santa Clara ($3,124 vs $3,483). Median income is $157,444 in San Jose-Sunnyvale-Santa Clara and $95,977 in Santa Maria-Santa Barbara. That's a difference of $4,308 per year in housing costs.
Side-by-Side Comparison
| Metric | San Jose-Sunnyvale-Santa Clara | Santa Maria-Santa Barbara |
|---|---|---|
| Studio FMR | $2,621 | $2,459 |
| 1BR FMR | $2,982 | $2,746 |
| 2BR FMR | $3,483 | $3,124 |
| 3BR FMR | $4,602 | $4,075 |
| 4BR FMR | $5,010 | $4,647 |
| Median Income | $157,444 | $95,977 |
| Rent Burden | 26.5% | 39.1% |
| Actual Median Rent | $2,794 | $2,050 |
| Median Home Value | $1,342,700 | $735,700 |
| Population | 2.0M | 444K |
| Renter % | 44.3% | 47.1% |
| Vacancy Rate | 5.7% | 6.8% |
| Poverty Rate | 6.9% | 13.8% |
| YoY Change | +11.2% | +4.3% |
| Min Wage | $16.50/hr | $16.50/hr |
Income Required to Afford a 2-Bedroom
Frequently Asked Questions
Santa Maria-Santa Barbara, CA is more affordable with a 2BR FMR of $3,124/mo, which is $359 less than San Jose-Sunnyvale-Santa Clara at $3,483/mo. However, when considering local incomes, San Jose-Sunnyvale-Santa Clara has a rent burden of 26.5% vs 39.1% in Santa Maria-Santa Barbara.
A 2-bedroom in San Jose-Sunnyvale-Santa Clara, CA costs $3,483/mo at Fair Market Rent, while in Santa Maria-Santa Barbara, CA it's $3,124/mo, a difference of $359/mo or $4,308/year.
To afford a 2BR without spending more than 30% of income on rent: San Jose-Sunnyvale-Santa Clara requires $139,320/year ($67/hr). Santa Maria-Santa Barbara requires $124,960/year ($60/hr).