Cost of Living in Milpitas, CA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
269.6
100 = national avg
+169.6 vs national average
Living Wage (1 Adult)
$118,632
per year
Living Wage (Family of 4)
$280,402
per year
Cost Index by Category
Housing400.0
Food185.1
Transportation163.3
Healthcare168.1
Utilities200.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,982
per month
2 Bedroom
$3,483
per month
The overall cost of living index in Milpitas is 269.6, which is 169.6% above the national average. Housing costs are above the national average at an index of 400.0. A single adult needs to earn approximately $118,632 per year to cover basic expenses.