Cost of Living in Modesto, CA

How far does a $70,000 salary go in Modesto? Estimated income taxes on that gross salary total approximately $9,953 per year — combining federal taxes with California's state income tax. Subtract rent for a 2-bedroom apartment ($1,758/month based on HUD Fair Market Rents for the Modesto metro area) and the estimated annual take-home is $38,951, or roughly $3,246 per month for everything else: food, transportation, savings, and discretionary spending.

The Modesto metro has a cost of living index of 103.5 according to the Bureau of Economic Analysis Regional Price Parities (national average = 100). This puts Modesto modestly above the national average on everyday expenses beyond rent.

At a $70,000 salary, the estimated 2-bedroom rent in Modesto represents approximately 30% of gross income. That exceeds the conventional 30% guideline, meaning housing takes a significant share of the budget at this income level.