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2024 BEA RPP All 4 categories Federal source

Fresno, CA

Cost-of-living indicators for Fresno, CA, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 23420 · Data year: 2024 · Rank: #56 of 387

Fresno, CA has a cost of living index of 102.2, meaning it's 2.2% more expensive than the national average. Goods cost 5.2% more, services 61.0% more, and rents are 4.3% below average. A $100K national salary has the purchasing power of $97,888 here.

What the Numbers Mean for Fresno

Fresno ranks #56 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the top quartile for cost. With an overall Regional Price Parity of 102.2, Fresno, CA is 2.2% more expensive than the national baseline of 100. The gap between Fresno's most and least expensive categories — services at 161.0 versus rents at 95.7 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $97,888 inside Fresno, while a household needs roughly $102,158 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 95.7 — 4.3% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Fresno's overall index has risen by 5.0 points, signaling tightening affordability. For the 2024 data year, goods are indexed at 105.2 and services at 161.0, meaning everyday spending in Fresno is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Fresno Cost Index at a Glance

Fresno all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg100102.2

Fresno category breakdown

BEA RPP composition by goods, services, rents, overall

Rents95.725Services161.01Goods105.168Overall102.158

Price Index Summary

Overall

102.2

+2.2 above avg

Goods

105.2

+5.2 above avg

Services

161.0

+61.0 above avg

Rents

95.7

-4.3 below avg

Price Index vs National Average (100)

Overall
National avg

Index 102.2 (+2.2 vs national avg)

Goods
National avg

Index 105.2 (+5.2 vs national avg)

Services
National avg

Index 161.0 (+61.0 vs national avg)

Rents
National avg

Index 95.7 (-4.3 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Above National Average

Services +61.0% (161.0)
Goods +5.2% (105.2)
Overall +2.2% (102.2)

Below National Average

Rents -4.3% (95.7)

Income Adequacy in Fresno

Fresno income adequacy score

$75,000 median income vs RPP 102.2

0/100100/10098/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$102,158

in Fresno, CA purchasing power

$50,000 nationally
$51,079
$75,000 nationally
$76,619
$125,000 nationally
$127,697
$150,000 nationally
$153,237
$200,000 nationally
$204,316

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending upward, increasing by 5.0 points over this period.

Year Overall
2008 97.2
2009 101.0
2010 98.5
2011 100.6
2012 100.4
2013 98.9
2014 98.5
2015 97.5
2016 96.2
2017 98.2
2018 102.3
2019 102.0
2020 100.3
2021 101.3
2022 104.9
2023 104.0
2024 102.2

Related Data for Fresno

Frequently Asked Questions

What is the cost of living in Fresno, CA?
Fresno, CA has a Regional Price Parity (RPP) index of 102.2, meaning it is 2.2% more expensive than the national average. Goods are indexed at 105.2, services at 161.0, and rents at 95.7. It ranks #56 out of 387 U.S. metro areas by overall cost.
What salary do I need in Fresno, CA to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $102,158 in Fresno, CA. Conversely, $100K earned in Fresno, CA has the purchasing power of $97,888 at the national average.
How expensive is rent in Fresno, CA?
Rents in Fresno, CA are indexed at 95.7, which is 4.3% below the national average. This is close to the U.S. average.
Is Fresno, CA getting more expensive?
From 2008 to 2024, Fresno, CA's overall cost index changed by +5.0 points (from 97.2 to 102.2). The cost of living has been trending upward.
What costs the most in Fresno, CA?
The most expensive category in Fresno, CA is services at 161.0, which is 61.0% above the national average. The most affordable category is rents at 95.7, 4.3% below average.
What metros have a similar cost of living to Fresno, CA?
Metros with the most similar overall cost index include Albany, Cape Coral-Fort Myers, North Port-Bradenton-Sarasota. These areas have RPP values within a few points of Fresno, CA's 102.2.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page