DegreeCalc

College Costs in Monterey, CA 2026

Compare tuition, housing, and financial aid across 2 colleges in Monterey, California. Use our free calculator to estimate your total cost.

Avg Public Tuition

$14,500

per year

Avg Private Tuition

$42,000

per year

Avg Rent Near Campus

$2,160

per month

Colleges & Universities

2

institutions

Monterey Overview

Population

30,058

Student Population

2,962 (9.9%)

Cost of Living Index

152.1 (avg: 100)

Walk Score

43/100

Transit Score

26/100

Unemployment Rate

4.1%

College Cost Calculator for Monterey

Cost Inputs

Total Cost (4 Years, Public In-State)

$125,872

Total After Financial Aid

$125,872

Annual Cost

$31,468

Annual After Aid

$31,468

Cost Breakdown (4 Years)

Tuition$58,000
Room & Board$67,872

If Financed (10-Year Loan at 6.5%)

Loan Amount$125,872
Monthly Payment$1,429
Total Interest$45,638
Total Loan Cost$171,510

Universities in Monterey

UniversityTypeAnnual Tuition
Monterey State UniversityPublic$14,809
Monterey Community CollegeCommunity$6,272

Monterey has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Monterey vs. National Average

CategoryMontereyNational AvgDifference
Public Tuition (In-State)$14,500$10,940+$3,560
Monthly Rent Near Campus$2,160$1,050+$1,110
Cost of Living Index152.1100+52.099999999999994

Monterey's cost of living is above the national average. Students should budget accordingly and consider off-campus housing options to reduce expenses.

Student Life in Monterey

43

Walk Score

Car-Dependent

26

Transit Score

Minimal Transit

9.9%

Student Population

2,962 students

Monterey has a total population of 30,058, with approximately 2,962 college students (9.9% of the population). Monterey has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.

Post-Graduation Outlook in Monterey

$47,402

Starting Salary

4.1%

Unemployment Rate

48%

Graduation Rate

~10 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Monterey earn a median starting salary of $47,402, which is $12,402 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $125,872 (including room and board), it would take approximately 10 years of the salary premium to recoup the investment. With average financial aid of $10,112 per student per year, the net cost and payback period can be significantly reduced.

Other Cities in California

Frequently Asked Questions

Related Calculators

Explore 350+ Cities Across the U.S.

Compare college costs, housing, and student life in every major U.S. city.

Browse All Cities