Armona cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexArmonaCaliforniaNational
Cost of living index101137100
IndexArmonaCaliforniaNational
Goods & Services index100109100
Groceries index112118100
Health care index106111100
Housing index76189100
Transportation index126130100
Utilities index136112100
Here we can see a simple outline of the cost of living in Armona, CA. As you can see, with the average cost of living in Armona, CA being 101, that puts it 26% lower than the average of California and 1% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Armona, CA, the price of goods and services are 9% lower than the average of California as well as equal to the nation's average.

Did you know?

  • The cost of living in Armona is 26% lower than the California average.
  • The cost of living in Armona is 1% higher than the national average.
  • The cost of housing in Armona is 24% lower than the national average.
  • California general sales tax is 47% higher than the national average.
  • California state income tax is 55% lower than the national average.

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Compare Armona, CA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Armona, CA to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Armona, CA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Armona, CA salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$45,710$3,809$1,066$1,371
Renters$32,554$2,713$760$977
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Armona, CA as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Armona, CA homeowners, is $45,710. This would allow for a maximum of $1,066 per month to be spent on housing costs. For renters, the median monthly income is $32,554 which would result in a maximum of $760 to be spent on rental costs.

California Sales Tax

StateGeneral Sales TaxWith Max Surtax
California7.5%10%

California Income Tax

StateIncome Tax (Low)Income Tax (High)
California1%12.3%
The California sales tax and California income tax rates should definitely be considered when determining the overall cost of living in Armona, CA. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The California sales tax is 7.5% and the maximum surtax is 10%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The California income tax rates range from 1% to 12.3%.

Goods & Services

ItemArmonaNational avg.Difference
Haircut $14.45$15.567.2%
Beauty Salon $50.00$36.1138.5%
Toothpaste $3.53$2.4742.6%
Shampoo $1.28$0.9632.6%
Movie $8.67$10.1314.4%
Bowling $4.30$4.749.1%

Groceries

ItemArmonaNational avg.Difference
Ground Beef $4.26$3.987.0%
Fried Chicken $1.38$1.412.2%
Milk $2.26$2.069.3%
Potatoes $3.81$2.9827.6%
Pizza $9.30$9.471.9%
Beer $8.37$8.794.8%

Health Care

ItemArmonaNational avg.Difference
Optometrist $97.83$101.043.2%
Doctor $116.54$107.448.5%
Dentist $97.28$90.427.6%
Ibuprofen $10.79$9.2816.3%
Lipitor $424.55$426.500.5%

Housing

ItemArmonaNational avg.Difference
Home Price $113,400.00$175,700.0035.5%
Avg. Mortgage Payment $1,102.31$1,133.232.7%
Apartment Rent $935.00$920.001.6%

Transportation

ItemArmonaNational avg.Difference
Gasoline $2.75$1.9937.9%
Tire Balancing $46.10$45.760.7%

Utilities

ItemArmonaNational avg.Difference
All Electricity$261.78$163.8159.8%
Phone $30.00$28.395.7%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
London, CA2,08094-6%
Lanare, CA39895-5%
Traver, CA91097-3%
Stratford, CA1,30197-3%
Delft Colony, CA16498-2%
Armona, CA3,5311011%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Sleepy Eye, MN3,53089-11%
Beaver Dam, KY3,53282-18%
Tutwiler, MS3,53074-26%
Rogersville, MO3,52987-13%
Trappe, PA3,53312121%
Armona, CA3,5311011%
Source: The Armona, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.