Cost of Living in Oakland, California
Oakland has a population of about 439,418. The median household income is $101,600, median gross rent is $1,979/month, and the median home value is $929,900. Below is how Oakland compares to the US.
Is Oakland expensive to live in?
Compared with the national median, rent in Oakland is 20% above the national median and home values are 148% above the national median. Household income here is 21% above the national median. Monthly rent represents roughly 23% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Oakland?
The median gross rent in Oakland, California is $1,979 per month (US Census ACS).
What is the median home price in Oakland?
The median home value in Oakland is $929,900.
How much do people earn in Oakland?
The median household income in Oakland is $101,600 per year.
Data source: U.S. Census Bureau, 2024 American Community Survey (ACS) 5-Year Estimates. Last updated 2026-07-11.