El Monte, CA Cost Of Living
Cost Of Living In El Monte, CA Summary
Cost of living in El Monte research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means El Monte is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in El Monte is 137, with 100 being the average.
The cost of living index in El Monte is 1.4x higher than the national average.
El Monte ranks as the #336 cheapest in California out of 635.
El Monte ranks as the #5,488 cheapest out of 6,412 in the US.
The median home value in El Monte is $508,200.
The median income in El Monte is $56,524.
Table Of Contents
El Monte's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in El Monte, CA?
According to the most recent data on the cost of living, El Monte has an overall cost of living index of 137, which is 1.4x higher than the national index of 100.
Compared to California, El Monte has a cost of living index that's 1.0x lower than California's index of 139.
The standard of living in El Monte ranks as #336 most affordable out of the 635 places we measured in California. By definition, that implies El Monte ranks as the #299 most expensive place in the Golden State.
For more reading on life in El Monte, check out:
- Living In El Monte
- El Monte Crime Report
- Search Homes For Sale In El Monte, CA
In California
In America
El Monte Cost Of Living Vs. California
Six factors go into calculating the cost of living index in El Monte. Here is how it fairs on each of the criteria:
The Services index in El Monte is 117.
The Groceries index in El Monte is 116.
The Health index in El Monte is 111.
The Housing index in El Monte is 177.
The Transportation index in El Monte is 137.
The Utilities index in El Monte is 109.
| Living Expense | El Monte | California | National Average | |
|---|---|---|---|---|
| Overall | 137 | 139 | 100 | |
| Services | 117 | 110 | 100 | |
| Groceries | 116 | 112 | 100 | |
| Health | 111 | 109 | 100 | |
| Housing | 177 | 204 | 100 | |
| Transportation | 137 | 126 | 100 | |
| Utilities | 109 | 124 | 100 | |
El Monte, CA Housing Cost Breakdown
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in El Monte is $508,200.
The Median Rent in El Monte is $1,446.
The Median Income in El Monte is $56,524.
The Home Value To Income in El Monte is 9.0x.
The Rent To Monthly Income in El Monte is 0.31x.
| Statistic | El Monte | California | United States |
|---|---|---|---|
| Median Home Value | $508,200 | $573,200 | $244,900 |
| Median Rent | $1,446 | $1,698 | $1,163 |
| Median Income | $56,524 | $84,097 | $69,021 |
| Home Value To Income | 9.0x | 6.8x | 3.5x |
| Rent To Monthly Income | 0.31x | 0.24x | 0.2x |
Median Home Value
Median Rent
Median Income
El Monte, CA Costs By Category
Detailed El Monte Services Costs Vs. California
| Item | El Monte | California |
|---|---|---|
| Shampoo | $1.17 | $1.06 |
| Movie | $16.3 | $10.68 |
| Bowling | $21.33 | $14.67 |
| Haircut | $22.57 | $18.62 |
| Beauty Salon | $76.5 | $39.05 |
Detailed El Monte Groceries Costs Vs. California
| Item | El Monte | California |
|---|---|---|
| Ground Beef | $4.58 | $4.22 |
| Fried Chicken | $1.72 | $1.39 |
| Milk | $2.19 | $2.05 |
| Potatoes | $2.99 | $3.29 |
| Pizza | $11.66 | $10.62 |
| Beer | $9.82 | $9.38 |
| Toothpaste | $2.51 | $2.34 |
Detailed El Monte Health Costs Vs. California
| Item | El Monte | California |
|---|---|---|
| Optometrist | $125.58 | $108.57 |
| Doctor | $125.0 | $116.17 |
| Dentist | $110.78 | $99.13 |
Detailed El Monte Transportation Costs Vs. California
| Item | El Monte | California |
|---|---|---|
| Gasoline | $3.31 | $2.22 |
| Tire Balancing | $50.62 | $50.07 |
Detailed El Monte Utilities Costs Vs. California
| Item | El Monte | California |
|---|---|---|
| All Electricity | $185.68 | $167.67 |
| Phone | $189.51 | $175.64 |
El Monte SnackAbility
/10
Cost Of Living In Cities Around El Monte
The cost of living varies in the cities and towns around El Monte. Here's a quick look at the cost of living in the most populous nearby places:
Lakewood, CA has a cost of living index of 143, 1.0x El Monte.
Baldwin Park, CA has a cost of living index of 134, 1.0x El Monte.
Yorba Linda, CA has a cost of living index of 181, 1.3x El Monte.
| City | Population | Cost Of Living | Vs. El Monte |
|---|---|---|---|
| Lakewood, CA | 82,419 | 143 | 1.0x |
| Baldwin Park, CA | 72,813 | 134 | 1.0x |
| Yorba Linda, CA | 68,319 | 181 | 1.3x |
| Arcadia, CA | 56,697 | 201 | 1.5x |
| Rosemead, CA | 51,698 | 147 | 1.1x |
| Cypress, CA | 50,279 | 154 | 1.1x |
| La Mirada, CA | 47,957 | 147 | 1.1x |
| La Verne, CA | 31,423 | 150 | 1.1x |
| West Puente Valley, CA | 23,003 | 133 | 1.0x |
| South El Monte, CA | 19,860 | 134 | 1.0x |
