La Palma, CA Cost Of Living
Cost Of Living In La Palma, CA Summary
Cost of living in La Palma 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 La Palma 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 La Palma is 164, with 100 being the average.
The cost of living index in La Palma is 1.6x higher than the national average.
La Palma ranks as the #476 cheapest in California out of 635.
La Palma ranks as the #6,052 cheapest out of 6,412 in the US.
The median home value in La Palma is $733,600.
The median income in La Palma is $106,473.
Table Of Contents
La Palma's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in La Palma, CA?
According to the most recent data on the cost of living, La Palma has an overall cost of living index of 164, which is 1.6x higher than the national index of 100.
Compared to California, La Palma has a cost of living index that's 1.2x higher than California's index of 139.
The standard of living in La Palma ranks as #476 most affordable out of the 635 places we measured in California. By definition, that implies La Palma ranks as the #159 most expensive place in the Golden State.
For more reading on life in La Palma, check out:
- Living In La Palma
- La Palma Crime Report
- Search Homes For Sale In La Palma, CA
In California
In America
La Palma Cost Of Living Vs. California
Six factors go into calculating the cost of living index in La Palma. Here is how it fairs on each of the criteria:
The Services index in La Palma is 114.
The Groceries index in La Palma is 112.
The Health index in La Palma is 106.
The Housing index in La Palma is 278.
The Transportation index in La Palma is 136.
The Utilities index in La Palma is 91.
| Living Expense | La Palma | California | National Average | |
|---|---|---|---|---|
| Overall | 164 | 139 | 100 | |
| Services | 114 | 110 | 100 | |
| Groceries | 112 | 112 | 100 | |
| Health | 106 | 109 | 100 | |
| Housing | 278 | 204 | 100 | |
| Transportation | 136 | 126 | 100 | |
| Utilities | 91 | 124 | 100 | |
La Palma, 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 La Palma is $733,600.
The Median Rent in La Palma is $1,953.
The Median Income in La Palma is $106,473.
The Home Value To Income in La Palma is 6.9x.
The Rent To Monthly Income in La Palma is 0.22x.
| Statistic | La Palma | California | United States |
|---|---|---|---|
| Median Home Value | $733,600 | $573,200 | $244,900 |
| Median Rent | $1,953 | $1,698 | $1,163 |
| Median Income | $106,473 | $84,097 | $69,021 |
| Home Value To Income | 6.9x | 6.8x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.24x | 0.2x |
Median Home Value
Median Rent
Median Income
La Palma, CA Costs By Category
Detailed La Palma Services Costs Vs. California
| Item | La Palma | California |
|---|---|---|
| Shampoo | $1.17 | $1.06 |
| Movie | $14.48 | $10.68 |
| Bowling | $24.56 | $14.67 |
| Haircut | $22.6 | $18.62 |
| Beauty Salon | $66.25 | $39.05 |
Detailed La Palma Groceries Costs Vs. California
| Item | La Palma | 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 | $2.48 | $2.34 |
Detailed La Palma Health Costs Vs. California
| Item | La Palma | California |
|---|---|---|
| Optometrist | $106.53 | $108.57 |
| Doctor | $100.28 | $116.17 |
| Dentist | $114.52 | $99.13 |
Detailed La Palma Transportation Costs Vs. California
| Item | La Palma | California |
|---|---|---|
| Gasoline | $3.32 | $2.22 |
| Tire Balancing | $52.6 | $50.07 |
Detailed La Palma Utilities Costs Vs. California
| Item | La Palma | California |
|---|---|---|
| All Electricity | $138.7 | $167.67 |
| Phone | $176.01 | $175.64 |
La Palma SnackAbility
/10
Cost Of Living In Cities Around La Palma
The cost of living varies in the cities and towns around La Palma. Here's a quick look at the cost of living in the most populous nearby places:
Norwalk, CA has a cost of living index of 130, 0.8x La Palma.
Buena Park, CA has a cost of living index of 143, 0.9x La Palma.
Lakewood, CA has a cost of living index of 143, 0.9x La Palma.
| City | Population | Cost Of Living | Vs. La Palma |
|---|---|---|---|
| Norwalk, CA | 103,330 | 130 | 0.8x |
| Buena Park, CA | 83,974 | 143 | 0.9x |
| Lakewood, CA | 82,419 | 143 | 0.9x |
| Cypress, CA | 50,279 | 154 | 0.9x |
| Cerritos, CA | 49,630 | 169 | 1.0x |
| La Mirada, CA | 47,957 | 147 | 0.9x |
| Stanton, CA | 38,167 | 127 | 0.8x |
| North Tustin, CA | 25,708 | 191 | 1.2x |
| West Puente Valley, CA | 23,003 | 133 | 0.8x |
| Vincent, CA | 16,399 | 136 | 0.8x |
