Cost of Living in Oakland, CA
Population: 438,072 • 2026 Data
$97,369
Median Household Income
+26% vs national
$1,917
Median Monthly Rent
+42% vs national
$924,700
Median Home Value
+173% vs national
6.0%
Unemployment Rate
Housing in Oakland
The median home value in Oakland, CA is $924,700. Monthly rent for a typical unit averages $1,917, while total monthly housing costs (including utilities and insurance) average $2,164.
Rent-to-income ratio: 23.6%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Oakland, CA is $97,369. The unemployment rate stands at 6.0%, with a labor force of 247,557 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.