Cost Of Living Increase 2024 In California. California's cost of living is rising with inflation, burdening residents in a state which already has the nation's highest poverty rate. High as gas prices are, the single biggest factor in the widening gap in cost of living between california and most other states is housing.
The cost of living has been a more recent problem. According to 2021 data from the bureau of economic analysis , the annual average cost of living in california is $53,082.
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