Cost of Living in Stanford, CA

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

Cost of Living Overview

Overall Index

214.6

100 = national avg

+114.6 vs national average

Living Wage (1 Adult)

$94,407

per year

Living Wage (Family of 4)

$223,143

per year

Cost Index by Category

Housing
400.0
Food
104.0
Transportation
108.0
Healthcare
103.2
Utilities
162.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,982

per month

2 Bedroom

$3,483

per month

The overall cost of living index in Stanford is 214.6, which is 114.6% above the national average. Housing costs are above the national average at an index of 400.0. A single adult needs to earn approximately $94,407 per year to cover basic expenses.