California · Census, HUD and BEA figures · Updated

Cost of Living in San Luis Obispo County, CA

Prices around San Luis Obispo County, CA run 8.6% above the U.S. average (BEA, the metro area). The typical household there earns $97,446 a year, and HUD puts a two-bedroom at $2,671 a month. Keeping that rent under 30% of income takes about $106,840 a year.

San Luis Obispo County, CA at a glance

Median household income

$97,446$8,121 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$2,671HUD FY2026 Fair Market Rent
Price level (U.S. = 100)108.6+8.6% · BEA, the metro area
Electricity34.7¢per kWh · EIA Residential CA
Population281,555Census ACS 5-year estimate

How much rent can you afford in San Luis Obispo County, CA?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Moderate cost burden (30–50%)
HUD Fair Market Rent$2,671Monthly market rent
Share of gross income32.9%Recommended max: 30%
Annual income needed$106,840To meet the 30% standard
Max affordable rent$2,436At 30% of $97,446
0%30% (Affordability standard)100%
Compare against:

How much is rent in San Luis Obispo County, CA? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for San Luis Obispo-Paso Robles, CA MSA, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in San Luis Obispo County, CA, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,842$22,104$73,68022.7%
1-Bedroom Apartment$2,036$24,432$81,44025.1%
2-Bedroom ApartmentBenchmark$2,671$32,052$106,84032.9%
3-Bedroom Home$3,584$43,008$143,36044.1%
4-Bedroom Home$4,105$49,260$164,20050.6%

Rent in San Luis Obispo County, CA, with the wage each unit needs →

What a typical income covers in San Luis Obispo County, CA

The 50/30/20 rule applied to the local median of $97,446 a year ($8,121 a month before tax).

Needs (50%)$4,060/moRent ($2,671 2-BR), utilities (~$313/mo), groceries, transit
Wants (30%)$2,436/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,624/moEmergency fund, retirement, paying down loans

What $97,446 leaves after California taxes

Federal income tax, Social Security, Medicare and California tax on the local median income. Change the salary to see yours.

$97,446
$35,000$195,000
Filing status:
Gross salary breakdown$97,446
Net 74%
Fed 13%
CA 5%
FICA 8%
Annual take-home$72,566After all taxes
Monthly deposit$6,047Estimated per month
Biweekly paycheck$2,791Every 2 weeks (26/yr)
Effective tax rate25.5%Total tax burden
Federal income tax$12,608 / yr
California state income tax$4,817 / yr
FICA (Social Security & Medicare)$7,455 / yr

Living in San Luis Obispo County, CA: common questions

What is the median household income in San Luis Obispo County, CA?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in San Luis Obispo County, CA is $97,446 per year (approximately $8,121 per month).

What is the average rent in San Luis Obispo County, CA?

The closest official figure is HUD's Fair Market Rent for 2026: $1,842 for a studio, $2,036 for one bedroom, $2,671 for two, $3,584 for three and $4,105 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is San Luis Obispo County, CA expensive to live in?

Prices there run 8.6% above the U.S. average. BEA's regional price parity for the metro area is 108.6, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in San Luis Obispo County, CA?

To keep a $2,671 two-bedroom under 30% of gross income, a household needs about $106,840 a year, or $8,903 a month. That is 110% of what the typical household in San Luis Obispo County, CA earns.

How much do you need to live comfortably in San Luis Obispo County, CA?

On the local median income of $97,446 ($8,121 a month before tax), the 50/30/20 rule leaves $4,060 a month for needs like rent, utilities and groceries, $2,436 for everything else and $1,624 for savings or debt. A two-bedroom at $2,671 takes 66% of the needs share.

How much is the electric bill in San Luis Obispo County, CA?

Homes in California paid 34.7¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $313. Your bill depends mostly on heating and cooling.