Cost of Living in Carmichael, CA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
150.4
100 = national avg
+50.4 vs national average
Living Wage (1 Adult)
$66,185
per year
Living Wage (Family of 4)
$156,438
per year
Cost Index by Category
Housing208.9
Food114.5
Transportation110.5
Healthcare111.6
Utilities130.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,832
per month
2 Bedroom
$2,255
per month
The overall cost of living index in Carmichael is 150.4, which is 50.4% above the national average. Housing costs are above the national average at an index of 208.9. A single adult needs to earn approximately $66,185 per year to cover basic expenses.