Here's what it costs to live in Monterey, California, based on the latest US government data. Renters pay a median of $2,353 per month, while the typical home is valued around $1,076,300. Households earn a median of $102,846 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$102,846
Annual · Census ACS
Median Gross Rent
$2,353
Per month · Census ACS
Median Home Value
$1,076,300
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
1BR Fair Market Rent
N/A
HUD FMR
2BR Fair Market Rent
N/A
HUD FMR
3BR Fair Market Rent
N/A
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
| 🔧Plumber | N/A |
| ⚕️Nurse Practitioner | N/A |
| 🏗️Civil Engineer | N/A |
| 👔Operations Manager | N/A |
| 📈Market Research Analyst | N/A |
| 🏢Health Services Manager | N/A |
| 🚛Truck Driver | N/A |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
29,613
Latest estimate
Median Age
37.5 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$2,364
Per month
Avg Home Value
$1,099,300
Census ACS
January Avg
54°F
July Avg
64°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Dry/Arid · Source: NOAA/NCEI 30-year normals.
Healthcare Score
31.6
poor
Hospitals
1
Doctors per 1,000
1.00
Insurance Coverage
92.7%
What is the cost of living index for Monterey?
The cost of living index for Monterey is not yet available in our database.
What is the median rent in Monterey?
The median gross rent in Monterey is $2,353 per month according to US Census ACS data.
What is the median household income in Monterey?
The median household income in Monterey is $102,846 per year.
What is the median home value in Monterey?
The median home value in Monterey is $1,076,300 based on the latest Census ACS survey.
How is the air quality in Monterey?
Air quality data for Monterey is not yet available.
What are the taxes like in Monterey?
Tax data for California is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
