Cost of Living in Novato, CA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
228.4
100 = national avg
+128.4 vs national average
Living Wage (1 Adult)
$100,487
per year
Living Wage (Family of 4)
$237,515
per year
Cost Index by Category
Housing361.0
Food135.8
Transportation171.5
Healthcare128.6
Utilities173.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,977
per month
2 Bedroom
$3,604
per month
The overall cost of living index in Novato is 228.4, which is 128.4% above the national average. Housing costs are above the national average at an index of 361.0. A single adult needs to earn approximately $100,487 per year to cover basic expenses.