Cost of Living in Bakersfield, CA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

131.1

100 = national avg

+31.1 vs national average

Living Wage (1 Adult)

$57,705

per year

Living Wage (Family of 4)

$136,394

per year

Cost Index by Category

Housing
162.2
Food
109.2
Transportation
118.3
Healthcare
107.3
Utilities
117.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,140

per month

2 Bedroom

$1,483

per month

The overall cost of living index in Bakersfield is 131.1, which is 31.1% above the national average. Housing costs are above the national average at an index of 162.2. A single adult needs to earn approximately $57,705 per year to cover basic expenses.