Cost of living and prices in Palo Alto, prices of food, rent, shopping, etc. 🇺🇸
Updated Jul 2023

Palo Alto is a beautiful city located in Northern America. Situated at an elevation of 10 meters above sea level, it boasts a population of 58,598 people.

Known for its tech industry and proximity to Silicon Valley, Palo Alto offers a high cost of living. Housing and transportation expenses are among the highest in the country, but the city also features top-rated public schools and a variety of cultural attractions.

As a result, Palo Alto can be an attractive destination for professionals and families looking for a thriving community with plenty of opportunities for growth and success.

Cost of Living Estimate in Palo Alto

Total cost of living in Palo Alto for two person with average consumption for one month will be 1714.52 USD, no rent price included. Click here to calculate cost-of-living estimate in Palo Alto

You can calculate cost of living in Palo Alto by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

When it comes to dining options, Palo Alto has something to offer for everyone. The city is home to a diverse range of restaurants, serving cuisine from all over the world. If you're a fan of Mexican food, try out some of the local taquerias. Those with a taste for Chinese should head to the downtown area, where they'll find a plethora of authentic eateries. More adventurous eaters might want to try out some of the fusion restaurants, which combine different culinary traditions for unique and exciting flavors. Whatever your preference, Palo Alto's food scene has got you covered.

Aside from traditional restaurants, Palo Alto also boasts a number of food trucks and street vendors. These are a great option for those who want to sample some quick and delicious food on the go. From gourmet burgers to Thai noodle bowls, you'll find a diverse range of street food options on offer throughout the city. To find out where the best food trucks and street vendors are located, check online food blogs or ask locals for recommendations. Overall, the food scene in Palo Alto is vibrant and varied, offering something for all tastes and preferences.

Meal in Inexpensive Restaurant
15.99 $
Meal for 2 People, Mid-range Restaurant, Three-course
80.00 $
McMeal at McDonalds or Alternative Combo Meal
8.00 $
Domestic Beer, 0.5 liter Draught
6.00 $
Imported Beer, 0.33 liter Bottle
7.25 $
Cappuccino
4.54 $
Coca-Cola, 0.33 liter Bottle
2.56 $

Markets prices

When it comes to market prices in Palo Alto, United States, there's no denying that this affluent city is known for having some of the highest real estate prices in the country. This is due, in part, to its prime location in Silicon Valley and its highly desirable school district. Homes and apartments in the area can command a premium, making it a tough market for buyers, but a profitable one for sellers.

Despite the high prices, Palo Alto's real estate market remains strong, with demand often outweighing supply. Many buyers are willing to pay top dollar for a piece of this prestigious city, and investors are quick to scoop up properties for rental income or resale. While the market can be challenging for those on a budget, there are still opportunities for those willing to be patient and persistent in their search for a home in Palo Alto.

Water, 0.33 liter Bottle
1.76 $
Milk, Regular,1 liter
1.00 $
Loaf of Fresh White Bread, 0.5 kg
3.12 $
White Rice, 1 kg
4.20 $
Eggs, 12 pack
4.75 $
Local Cheese, 1 kg
13.23 $
Chicken Breasts, Boneless and Skinless, 1 kg
10.36 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
16.53 $
Apples, 1 kg
6.61 $
Banana, 1 kg
2.09 $
Oranges, 1 kg
4.38 $
Tomato, 1 kg
7.20 $
Potato, 1 kg
4.53 $
Onion, 1 kg
3.34 $
Lettuce, 1 head
1.83 $
Water, 1.5 liter Bottle
2.75 $
Bottle of Wine, Mid-Range Price
11.50 $
Domestic Beer, 0.5 liter Bottle
2.14 $
Imported Beer, 0.33 liter Bottle
3.00 $
Pack of Cigarettes
10.00 $

Transportation prices

If you're traveling to Palo Alto, you'll find that there are many transportation options available to you. For starters, the Caltrain is an efficient and affordable way to get around the area. You can take this train to destinations throughout the Bay Area, making it easy to explore other cities as well. Palo Alto also has a number of bike-friendly areas and bike rental options, which are perfect for a leisurely ride around town. Finally, if you're looking for something more luxury, you can always hire a private car or take a ride-sharing service to get around.

Another great way to get around Palo Alto is by using the local bus system. Santa Clara Valley Transportation Authority (VTA) buses run throughout the city and connect with other parts of the Bay Area. This is a great option for those who want to explore the city without having to navigate traffic or find parking. Additionally, Palo Alto has a number of pedestrian-friendly areas and walking trails. So if you're interested in exploring the city on foot, you'll find plenty of options to choose from. Whether you prefer to walk, bike, drive, or take public transportation, you'll find that Palo Alto has plenty of transportation options to choose from.

One-way Ticket, Local Transport
2.50 $
Monthly Pass, Regular Price
90.00 $
Taxi Start, Normal Tariff
3.00 $
Taxi, price for 1 km, Normal Tariff
1.86 $
Taxi, price for 1 hour Waiting, Normal Tariff
50.00 $
Gasoline, 1 liter
0.91 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
18,502.50 $

Utilities Per Month prices

If you're planning on traveling to Palo Alto, it's important to note that utilities costs can be on the higher end compared to other cities in the United States. This is primarily due to the city's high cost of living and the demand for energy-efficient technology. However, many of the city's residents have made a conscious effort to reduce their carbon footprint by installing solar panels and using energy-efficient appliances.

Despite the higher utilities costs, Palo Alto offers a variety of options for residents to save money. The city provides rebates for residents who install solar panels, energy-efficient appliances, and low-flow toilets. Additionally, there are many community programs and resources available to residents who want to reduce their utilities bills, such as the Energy Watch program which provides free energy-saving upgrades to qualifying homes and businesses.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
172.50 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.17 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
75.57 $

Sports And Leisure prices

Palo Alto is known for being a great destination for sports and leisure activities. The city is home to many parks, hiking trails, and sports centers that offer plenty of opportunities for outdoor recreation. The Stanford campus is a great place to start exploring, with its scenic gardens, arboretum, and various sports facilities open to the public. For those who love water sports, the Baylands Nature Preserve is an excellent spot for kayaking, sailing, and windsurfing. The city also has several golf courses, tennis courts, and fitness centers, making it easy for visitors to stay active and have fun while on vacation.

In addition to outdoor activities, Palo Alto has a vibrant arts and culture scene that visitors will enjoy. The city holds many events and festivals throughout the year, celebrating music, art, and history. The Stanford Theatre is a historic movie palace that screens classic films, while the Cantor Arts Center and the Anderson Collection showcase impressive collections of modern and contemporary art. Palo Alto also has many shopping and dining options, ranging from artisanal cafes and food trucks to upscale restaurants and boutique shops. With so many things to do and see in the city, visitors are sure to find something that suits their interests.

Fitness Club, Monthly Fee for 1 Adult
142.00 $
Tennis Court Rent, 1 Hour on Weekend
20.00 $

Salaries And Financing prices

Palo Alto has always been an attractive destination for high-paying tech jobs, especially due to its close proximity to the prestigious Stanford University. The average salary for a software engineer is among the highest in the country, making it an ideal location for those looking to build their careers in the tech industry. However, the high cost of living in the area can offset the high income levels, making it important for visitors to plan their finances accordingly.

Other industries in Palo Alto, such as finance and healthcare, also offer competitive salaries for experienced professionals. The city also has a thriving startup scene, with many entrepreneurs and venture capitalists calling it home. However, securing financing for a new business or investment can be challenging due to the competitive nature of the market. Potential investors will need to be well-prepared and have a solid business plan in order to succeed in the Palo Alto ecosystem.

Cinema ticket, 1 Seat
13.00 $
Average Monthly Net Salary, After Tax
8,346.00 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
4.19 %

Childcare prices

Childcare prices in Palo Alto, United States are some of the most expensive in the country. Parents looking to enroll their children in schools and kindergartens can expect to pay a premium for quality education and care. Many parents in the area look for reputable institutions that offer a safe and nurturing environment for their children, as well as a strong educational foundation. These schools and kindergartens often have long waiting lists and competitive admission processes due to their high demand and rigorous academic programs.

Despite the high prices, many families in Palo Alto still prioritize quality childcare for their children. Numerous studies have shown that early childhood education plays a crucial role in a child's future academic and personal success. Consequently, parents in the area are willing to pay a higher price for schools and kindergartens that offer exceptional care and education. While the price tag can be daunting, many parents in the community see it as an investment that will benefit their children for years to come and set them up for success in their future endeavors.

Private Preschool or Kindergarten, Monthly for 1 Child
1,730.00 $
International Primary School, Yearly for 1 Child
4,000.00 $

Clothing And Shoes prices

Palo Alto is one of the most vibrant and fashionable cities in the United States, and it's no surprise that clothing and shoe prices here can be on the higher end. There are dozens of trendy clothing boutiques and shoe stores all around Palo Alto's shopping districts, including Stanford Shopping Center, Town & Country Village, and University Avenue. Shoppers can find popular fashion brands like J.Crew, Anthropologie, and H&M in the shopping centers, while boutique stores like Therapy, Leaf & Petal, and Bellanona Boutique offer unique, high-end clothing and shoe items.

For those looking for more affordable clothing and shoes in Palo Alto, there are also several discount stores with affordable prices. T.J. Maxx, Marshalls, and Ross Dress for Less all offer a wide range of discounted clothing and shoe items, including designer brands at a fraction of the original price. Additionally, visitors can check out local thrift stores like Goodwill or Salvation Army for even more budget-friendly clothing and shoe options. Overall, there is a variety of clothing and shoe stores in Palo Alto for any budget and style, making it a great shopping destination for both locals and visitors alike.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
57.33 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
42.50 $
Pair of Running Shoes, Mid-Range Price
75.83 $
Pair of Leather Business Shoes
153.75 $

Rent Per Month prices

Short-term rental options in Palo Alto, United States are plentiful and cater to a range of needs. Whether you're looking for a cozy studio apartment or a luxury serviced apartment, you're sure to find something that suits your tastes and budget. Most rental properties in Palo Alto come fully furnished and equipped with all the necessary amenities to ensure a comfortable stay. With flexible lease terms available, short-term rentals are a great option for those who are relocating, in town for business or leisure, or simply in need of a temporary place to call home.

If you're looking for a more budget-friendly option, staying in a hostel or shared accommodation is an excellent choice. With a wide selection of hostels and shared apartments in Palo Alto, you'll find a range of options that are both affordable and convenient. This is a great option for solo travelers or groups who are looking to save money on accommodation while still enjoying all that Palo Alto has to offer. With well-maintained facilities and friendly staff, you can rest assured that your short-term stay in Palo Alto will be hassle-free and enjoyable.

One bedroom apartment in city centre
2,987.50 $
One bedroom apartment outside of city centre
2,491.67 $
Three bedroom apartment in city centre
6,000.00 $
Three bedroom apartment outside of city centre
5,328.57 $

Buy Apartment prices

Buying real estate in Palo Alto, United States can be a great investment opportunity. There are several options available, such as single-family homes, multi-family homes, condos, and townhomes. The properties in Palo Alto are known for their high quality, modern amenities, and proximity to the vibrant social scene of Silicon Valley. With a wide range of options, buyers can choose to purchase a property that suits their needs and preferences.

The price range of real estate in Palo Alto varies depending on several factors, including the location of the property, the size of the property, and the amenities available. Palo Alto real estate prices are generally higher than the national average due to the high demand and competitive market. However, there are still opportunities for buyers to find affordable properties in the city. Overall, buying real estate in Palo Alto can be a great investment for those who are willing to spend a bit more on a high-quality property.

Price per m2 to Buy Apartment in City Center
37,596.87 $
Price per m2 to Buy Apartment Outside of City Center
15,038.69 $