Nuevo, CA Cost Of Living
Cost Of Living In Nuevo, CA Summary
Cost of living in Nuevo 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 Nuevo 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 Nuevo is 114, with 100 being the average.
The cost of living index in Nuevo is 1.1x higher than the national average.
Nuevo ranks as the #157 cheapest in California out of 635.
Nuevo ranks as the #4,427 cheapest out of 6,412 in the US.
The median home value in Nuevo is $375,400.
The median income in Nuevo is $89,891.
Table Of Contents
Nuevo's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Nuevo, CA?
According to the most recent data on the cost of living, Nuevo has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.
Compared to California, Nuevo has a cost of living index that's 0.8x lower than California's index of 139.
The standard of living in Nuevo ranks as #157 most affordable out of the 635 places we measured in California. By definition, that implies Nuevo ranks as the #478 most expensive place in the Golden State.
For more reading on life in Nuevo, check out:
- Living In Nuevo
- Search Homes For Sale In Nuevo, CA
In California
In America
Nuevo Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Nuevo. Here is how it fairs on each of the criteria:
The Services index in Nuevo is 114.
The Groceries index in Nuevo is 114.
The Health index in Nuevo is 103.
The Housing index in Nuevo is 122.
The Transportation index in Nuevo is 136.
The Utilities index in Nuevo is 91.
| Living Expense | Nuevo | California | National Average | |
|---|---|---|---|---|
| Overall | 114 | 139 | 100 | |
| Services | 114 | 110 | 100 | |
| Groceries | 114 | 112 | 100 | |
| Health | 103 | 109 | 100 | |
| Housing | 122 | 204 | 100 | |
| Transportation | 136 | 126 | 100 | |
| Utilities | 91 | 124 | 100 | |
Nuevo, 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 Nuevo is $375,400.
The Median Rent in Nuevo is $1,394.
The Median Income in Nuevo is $89,891.
The Home Value To Income in Nuevo is 4.2x.
The Rent To Monthly Income in Nuevo is 0.19x.
| Statistic | Nuevo | California | United States |
|---|---|---|---|
| Median Home Value | $375,400 | $573,200 | $244,900 |
| Median Rent | $1,394 | $1,698 | $1,163 |
| Median Income | $89,891 | $84,097 | $69,021 |
| Home Value To Income | 4.2x | 6.8x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.24x | 0.2x |
Median Home Value
Median Rent
Median Income
Nuevo, CA Costs By Category
Detailed Nuevo Services Costs Vs. California
| Item | Nuevo | 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 Nuevo Groceries Costs Vs. California
| Item | Nuevo | 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 Nuevo Health Costs Vs. California
| Item | Nuevo | California |
|---|---|---|
| Optometrist | $106.53 | $108.57 |
| Doctor | $100.28 | $116.17 |
| Dentist | $114.52 | $99.13 |
Detailed Nuevo Transportation Costs Vs. California
| Item | Nuevo | California |
|---|---|---|
| Gasoline | $3.32 | $2.22 |
| Tire Balancing | $52.6 | $50.07 |
Detailed Nuevo Utilities Costs Vs. California
| Item | Nuevo | California |
|---|---|---|
| All Electricity | $138.7 | $167.67 |
| Phone | $176.01 | $175.64 |
Nuevo SnackAbility
/10
Cost Of Living In Cities Around Nuevo
The cost of living varies in the cities and towns around Nuevo. Here's a quick look at the cost of living in the most populous nearby places:
Murrieta, CA has a cost of living index of 130, 1.1x Nuevo.
Menifee, CA has a cost of living index of 120, 1.1x Nuevo.
Perris, CA has a cost of living index of 113, 1.0x Nuevo.
| City | Population | Cost Of Living | Vs. Nuevo |
|---|---|---|---|
| Murrieta, CA | 111,096 | 130 | 1.1x |
| Menifee, CA | 101,089 | 120 | 1.1x |
| Perris, CA | 78,106 | 113 | 1.0x |
| Redlands, CA | 72,649 | 128 | 1.1x |
| Yucaipa, CA | 54,312 | 116 | 1.0x |
| San Jacinto, CA | 53,299 | 105 | 0.9x |
| French Valley, CA | 40,188 | 136 | 1.2x |
| Temescal Valley, CA | 27,546 | 140 | 1.2x |
| Loma Linda, CA | 24,712 | 122 | 1.1x |
| Mead Valley, CA | 20,698 | 118 | 1.0x |
