US  | 

California's Most, Least Expensive Cities

Los Angeles Times ranking looks at home prices relative to local incomes
Posted Jul 20, 2026 1:53 PM CDT
California's Most, Least Expensive Cities
The view in Santa Monica.   (Getty/nata_rass)

Housing affordability in California is notoriously rough—but it's also radically different depending on where you land on the map. A new Los Angeles Times analysis ranks cities by a unique formula: how many years of household income it would take to buy the median home.

Most affordable

  1. Ridgecrest
  2. Lemoore
  3. Corcoran
  4. Imperial
  5. Twentynine Palms
Here, roughly four years of income—or less, in Ridgecrest, where the median home value is a modest $254,000—can buy a typical home. But you're also looking at long drives to major job centers and economies built around agriculture, prisons, or military bases.

Least affordable

  1. Santa Monica
  2. Beverly Hills
  3. Santa Barbara
  4. Laguna Beach
  5. Berkeley
In these cities, buyers often need 14 years or more of income to match the median home price, which comes in at $1.8 million in Santa Monica. It's a reflection of prized coastal locations, strong school districts, and proximity to entertainment and tech hubs—paired, in some cases, with relatively modest local incomes that make the math especially punishing. See the full rankings.

Read These Next
Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X
More News: Tech | Trackflation Is Turning Teen Runners ... | Wsj Editorial Slams Trump For Scarbor... | Official Logs List Few Calls For Trum... | Dutch Far Right Leader Assaulted With...