Santa Maria-Santa Barbara, CA vs San Diego-Chula Vista-Carlsbad, CA
A 2-bedroom in San Diego-Chula Vista-Carlsbad costs $123 less per month than Santa Maria-Santa Barbara ($3,001 vs $3,124). Median income is $95,977 in Santa Maria-Santa Barbara and $102,285 in San Diego-Chula Vista-Carlsbad. That's a difference of $1,476 per year in housing costs.
Side-by-Side Comparison
| Metric | Santa Maria-Santa Barbara | San Diego-Chula Vista-Carlsbad |
|---|---|---|
| Studio FMR | $2,459 | $2,288 |
| 1BR FMR | $2,746 | $2,459 |
| 2BR FMR | $3,124 | $3,001 |
| 3BR FMR | $4,075 | $3,998 |
| 4BR FMR | $4,647 | $4,845 |
| Median Income | $95,977 | $102,285 |
| Rent Burden | 39.1% | 35.2% |
| Actual Median Rent | $2,050 | $2,154 |
| Median Home Value | $735,700 | $791,600 |
| Population | 444K | 3.3M |
| Renter % | 47.1% | 45.5% |
| Vacancy Rate | 6.8% | 6.5% |
| Poverty Rate | 13.8% | 10.4% |
| YoY Change | +4.3% | - |
| Min Wage | $16.50/hr | $16.50/hr |
Income Required to Afford a 2-Bedroom
Frequently Asked Questions
San Diego-Chula Vista-Carlsbad, CA is more affordable with a 2BR FMR of $3,001/mo, which is $123 less than Santa Maria-Santa Barbara at $3,124/mo. However, when considering local incomes, Santa Maria-Santa Barbara has a rent burden of 39.1% vs 35.2% in San Diego-Chula Vista-Carlsbad.
A 2-bedroom in Santa Maria-Santa Barbara, CA costs $3,124/mo at Fair Market Rent, while in San Diego-Chula Vista-Carlsbad, CA it's $3,001/mo, a difference of $123/mo or $1,476/year.
To afford a 2BR without spending more than 30% of income on rent: Santa Maria-Santa Barbara requires $124,960/year ($60/hr). San Diego-Chula Vista-Carlsbad requires $120,040/year ($58/hr).