Cost of Living in Fresno, California
Fresno has a population of about 545,970. The median household income is $70,991, median gross rent is $1,421/month, and the median home value is $374,800. Below is how Fresno compares to the US.
Is Fresno expensive to live in?
Compared with the national median, rent in Fresno is 14% below the national median and home values are about the national median. Household income here is 15% below the national median. Monthly rent represents roughly 24% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Fresno?
The median gross rent in Fresno, California is $1,421 per month (US Census ACS).
What is the median home price in Fresno?
The median home value in Fresno is $374,800.
How much do people earn in Fresno?
The median household income in Fresno is $70,991 per year.
Data source: U.S. Census Bureau, 2024 American Community Survey (ACS) 5-Year Estimates. Last updated 2026-07-11.