Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.
I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.
And while every neighbhorhood in Long Beach might be more expensive than living in rural California, there are certain neighborhoods that are definitely cheaper.
So what exactly are those Long Beach neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?
Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Long Beach are the cheapest.
What’s the cheapest neighborhood to live in Long Beach for 2020? According to the most recent census data, Airport Area looks to be the cheaptest Long Beach neighborhood to live in.
At this point we should make it clear that you do get what you pay for — some of these neighborhoods might not be the best places to live in Long Beach. You could be sacrificing location or crime rates in return for more space and cheaper groceries.
Read on to see how we determined the places around Long Beach that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in Long Beach.
Once you’re done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.
For more California reading, check out:
- Best Places To Live In California
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- Cheapest States To Live In America
How We Determined The Cheapest Long Beach Hoods In 2020
In order to rank the cheapest places to live in Long Beach, we had to determine what criteria defines “cheap”.
- Overall Cost Of Living
- Rent To Income Ratio
- Median Home Value To Income Ratio
We then ranked each neighborhood with scores from 1 to 27 in each category, where 1 was the cheapest.
Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.
And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the “Cheapest City Neighborhood In Long Beach.” We’re lookin’ at you, Airport Area.
Read on below to learn more about what it’s like to live in the cheapest places Long Beach. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.
The 10 Cheapest Neighborhoods To Live In Long Beach For 2020
The median income in Airport Area comes in at $52,282 and the median home value is $132,750 for 2020.
The median income in Wilmington comes in at $36,858 and the median home value is $103,800 for 2020.
The El Dorado Park neighborhood of Long Beach, California is on the east side of the city adjacent to the large El Dorado Regional Park. Lakewood is north of El Dorado Park, while Hawaiian Gardens is northeast, and Los Alamitos is east of El Dorado Park. The park is bounded on the east by the 605 Freeway, on the north by the Long Beach Town Center shopping mall, and on the south by Stearns Street. Because of the barrier of the freeway and park between the neighborhood and the rest of Long Beach, as well as the barrier created by near Norwalk Blvd and the Coyote creek and the neighboring cities, the El Dorado Park neighborhood feels quite separate.
The median income in El Dorado Park comes in at $112,662 and the median home value is $458,325 for 2020.
The median income in City College Area comes in at $102,980 and the median home value is $483,400 for 2020.
The median income in City Of Signal Hill comes in at $63,499 and the median home value is $295,029 for 2020.
The median income in State College Area comes in at $94,105 and the median home value is $460,222 for 2020.
The median income in Wrigley comes in at $53,128 and the median home value is $247,317 for 2020.
The median income in West Side comes in at $54,794 and the median home value is $273,829 for 2020.
Plaza is a neighborhood of Long Beach, California, located adjacent to El Dorado Park West. It is part of the greater “East Long Beach” area.
The median income in The Plaza comes in at $101,520 and the median home value is $553,678 for 2020.
The median income in Dominguez comes in at $87,500 and the median home value is $353,200 for 2020.
Summing Up The Cheapest Places In Long Beach
If you’re measuring the neighborhoods in Long Beach where prices are low and it’s cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Long Beach aren’t all cheap. Belmont Heights takes the title of the most expensive neighborhood to live in Long Beach.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more California reading, check out:
- Cheapest Places To Live In California
- Best Places To Raise A Family In California
- Best Places To Retire In California
- Richest Cities In California
- Safest Places In California
- Worst Places To Live In California
Detailed List Of The Cheapest Neighborhoods To Live In Long Beach For 2020
|Rank||Neighborhood||Cost Of Living Index|
|3||El Dorado Park||137|
|4||City College Area||143|
|5||City Of Signal Hill||122|
|6||State College Area||142|
|12||North West Long Beach||124|
|14||North Long Beach||121|
|16||Los Cerritos Area||152|
|20||Poly High District||122|