Top 5 Most Expensive Cities To Live In California

4. Palo Alto  

IM Score: 17

Palo Alto stands out as a highly costly place to live. Housing is a significant factor, with a median home price of $3.5 million, making it California’s sixth most expensive city. Rent averages around $3,600, while the median household income is $210,000. The city’s population exceeds 60,000 residents and is renowned for hosting Stanford University.