Might we suggest California's sixth most affordable city for 2020: Imperial? Jobs are plentiful in the agriculture and manufacturing industries and the cost of living is extremely affordable. The state’s economy is ranked as 5th in the entire world. The unemployment rate sits at 13.8%. Rank Last Year: 4 (Up 3) Luckily, HomeSnacks had the same question and has found the answer -- the few remaining affordable places to live in the Golden State. The median household income in El Centro comes in at $46,457 and the median home value is $182,300 for 2020. The unemployment rate sits at 8.5%. We also know that age group probably wasn't drawn to this affordable Riverside County city for their love of the desert, but to work at one of the largest cannabis facilities in North America: the Palo Verde Center. According to our data, they should be California's poster city for affordability, housing, and safety. Most Expensive Places To Live In California, Census American Community Survey 2014-2018, Best Places To Raise A Family In California, Download The Entire California Ranking Data, Median Home Price / Median Income (lower is better), Median Income / Median Rent (Higher is better). Process for providing required documentation was seamless and easy to track loan status. Bakersfield is probably one of the most affordable places to live in California that is … The El Centro-burb knows how to make their 'dolla holla' with year-round golf, dune buggying, and camping.eval(ez_write_tag([[728,90],'homesnacks_com-mobile-leaderboard-1','ezslot_22',113,'0','0'])); And you know what else Imperial's residents know? BAKERSFIELD. On Q Financial was referred to me and I can see why. Bakersfield is one of the largest and fastest growing cities in California with a population of 380,000. Keep reading to learn about how we crunched the numbers and to see why these cities are so affordable. There’s also plenty of fine dining and shopping. More On Coalinga: Real Estate | Crime Rate | Cost Of Living. The place with the lowest cost of living in California according to the data is Coalinga. So is there any hope for those who don't have an incredibly large cash flow to live there? Just East of San Diego, on the California/Arizona border, is our fifth most affordable California city, Blythe.eval(ez_write_tag([[250,250],'homesnacks_com-leader-1','ezslot_15',112,'0','0']));eval(ez_write_tag([[250,250],'homesnacks_com-leader-1','ezslot_16',112,'0','1'])); This 'Hub of Southern California' is home to the greatest percentage of young folks (25 to 44) concentrated into one city on our list. What is the cheapest place to live in California for 2020? It is located on the Kern River, just north of Los Angeles. For example, if the median household earns $100,000 and spends $40,000 on housing it's actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. Or if you want to be closer to the coast, you could try our winner, Taft, California. According to the Census data we crunched, Coalinga ranks as the cheapest place to live in California. More On Taft: Real Estate | Crime Rate | Cost Of Living. We aim to deliver bite-sized pieces of infotainment about where you live. The unemployment rate sits at 16.7%. Population: 8,622 On Q Financial are a group of professional mortgage folks that go beyond the initial application. Great team to work with on my refinancing! The center of the town boasts a historical district known as “Old Town” with hundreds of old, Victorian buildings and homes. Still expensive, but cheaper than its neighbors. Located north of Los Angeles, Oxnard has tons of activities like surfing and kayaking as well as just walking on the beach. Home Price To Income Ratio: 3.9x (32nd most affordable)