August, CA Cost Of Living

August 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.
Index	August	California	National
Cost of living index	95	138	100
Index	August	California	National
Goods & Services index	104	110	100
Groceries index	116	115	100
Health care index	100	109	100
Housing index	60	196	100
Transportation index	120	125	100
Utilities index	117	114	100

A general summary of the cost of living index in August, CA is shown above. Compared to the state average of California the cost of living index in August, CA is 95, which is 31% lower than the average in California and compared to the national average it is 5% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In August, CA goods and services come in at 6% lower than the average in California and are 4% higher than compared to the nationwide average.

Did you know?

The cost of living in August is 31% lower than the California average.
The cost of living in August is 5% lower than the national average.
The cost of housing in August is 40% lower than the national average.
California general sales tax is 42% higher than the national average.
California state income tax is 55% lower than the national average.

Find Real Estate Listings In August

New Real Estate Listings In August

The best places in California

Here are the best places to live in California

These are the 10 most affordable cities in California

See the best places to live in & around August

Check out the 10 safest cities in California

Compare August, CA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Use the salary calculator to compare your current salary in August, CA to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in August, CA, then you would need to earn more income in order to maintain the same standard of living. To use the August, CA salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$36,039	$3,003	$841	$1,081
Renters	$27,917	$2,326	$651	$838

If you want to find a good determining factor for the cost of living and the general affordability of housing in August, CA, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In August, CA, the median monthly income is $36,039 for those who own their own homes. Under the standard rule, that income level would allow for $841 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $27,917, per the median income in the area. That would allow for renters to spend up to $651 on monthly rental expenses.

California Sales Tax

State	General Sales Tax	With Max Surtax
California	7.25%	10.25%

California Income Tax

State	Income Tax (Low)	Income Tax (High)
California	1%	13.3%

One thing to keep in mind when considering the cost of living in August, CA is the California sales tax and California income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The California sales tax rate is 7.25% and the maximum surtax that can be charged is 10.25%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The California income tax rates range from 1% to 13.3%.

Goods & Services

Item	August	National avg.	Difference
Haircut	$15.70	$16.09	2.4%
Beauty Salon	$39.09	$37.33	4.7%
Toothpaste	$2.53	$2.45	3.5%
Shampoo	$1.21	$1.00	20.6%
Movie	$11.22	$10.28	9.2%
Bowling	$4.54	$4.93	7.9%

Groceries

Item	August	National avg.	Difference
Ground Beef	$3.90	$3.80	2.5%
Fried Chicken	$1.40	$1.40	0.0%
Milk	$2.72	$2.01	35.5%
Potatoes	$3.01	$3.01	0.1%
Pizza	$14.94	$9.89	51.1%
Beer	$8.98	$8.90	0.9%

Health Care

Item	August	National avg.	Difference
Optometrist	$116.89	$102.16	14.4%
Doctor	$92.00	$108.36	15.1%
Dentist	$95.76	$92.53	3.5%
Ibuprofen	$11.85	$9.28	27.7%
Lipitor	$429.19	$425.82	0.8%

Housing

Item	August	National avg.	Difference
Home Price	$84,800.00	$184,700.00	54.1%
Avg. Mortgage Payment	$1,585.99	$1,202.44	31.9%
Apartment Rent	$884.00	$949.00	6.8%

Transportation

Item	August	National avg.	Difference
Gasoline	$2.72	$2.24	21.2%
Tire Balancing	$54.69	$46.29	18.2%

Utilities

Item	August	National avg.	Difference
All Electricity	$263.25	$165.96	58.6%
Phone	$20.01	$28.68	30.3%

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, State	Population	Cost of Living Index	National Avg.
Farmington, CA	97	110	10%
Acampo, CA	466	110	10%
Victor, CA	579	93	-7%
Kennedy, CA	3,641	94	-6%
Taft Mosswood, CA	936	97	-3%
August, CA	7,781	95	-5%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Glenside, PA	7,781	118	18%
Newport, AR	7,781	76	-24%
Hobart, WI	7,779	101	1%
Dry Run, OH	7,785	120	20%
Wyoming, MN	7,785	105	5%
August, CA	7,781	95	-5%

Source: The August, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

August, CA Cost of Living