Calculate using real San Jose data. Median home price: $1,300,000. Property tax rate: 0.75%.
San Jose, CA has a cost of living index of 185, where 100 represents the national average. This means living in San Jose is 85% more expensive the national average.
The median household income in San Jose, CA is $131,420. Combined with a cost of living index of 185, this provides a picture of purchasing power in the area.
The median home price in San Jose, CA is $1,300,000 with a property tax rate of 0.75%. Monthly housing costs (mortgage + taxes + insurance) on a median-priced home would be approximately $7,536.