Cost of Living in Fresno, California
In Fresno, the median household income is $70,991 and the median gross rent is $1,421/mo, with a median home value of $374,800. Source: Census Bureau ACS, 2020-2024 estimates.
- Median household income
- $70,991
- Median gross rent
- $1,421/mo
- Median home value
- $374,800
- Population
- 545,970
How Fresno compares to the California average
| Measure | Fresno, CA | California statewide | Difference |
|---|---|---|---|
| Median household income | $70,991 | $99,122 | -28.4% |
| Median gross rent (monthly) | $1,421 | $2,036 | -30.2% |
| Median home value | $374,800 | $734,700 | -49.0% |
Statewide, California prices average 110.7 on the BEA Regional Price Parity index (2024), where the U.S. average is 100.
Housing affordability in Fresno
- Salary needed for median rent
- $56,840
- Rent burden at median income
- 24.0%
- Est. affordable home price
- $258,970
So that $1,421/mo is 30% of gross income
Share of the median household income spent on median rent (30%+ = cost-burdened)
At median income, 6.67% 30-yr rate (FRED, 2026-08), 20% down, 28% front-end DTI
The median home value in Fresno is $374,800 — +44.7% above what the median household income supports under these assumptions.
Estimates from documented formulas — see methodology. Not financial advice.
Cost of living in other California cities
About this data
- American Community Survey 5-Year Estimates — data period 2020-2024, retrieved August 13, 2026.
- Regional Price Parities — data period 2024, retrieved August 13, 2026.
- Federal Reserve Economic Data — data period 2026-08, retrieved August 13, 2026.
Figures are shown exactly as published by the source or derived by the documented formulas on our methodology page. Where a source suppresses an estimate, we show “—” rather than a substitute value.