Bear Valley Springs 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.
IndexBear Valley SpringsCaliforniaNational
Cost of living index121137100
IndexBear Valley SpringsCaliforniaNational
Goods & Services index100109100
Groceries index112118100
Health care index106111100
Housing index143189100
Transportation index126130100
Utilities index136112100
Here we can see a simple outline of the cost of living in Bear Valley Springs, CA. As you can see, with the average cost of living in Bear Valley Springs, CA being 121, that puts it 12% lower than the average of California and 21% 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 Bear Valley Springs, 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 Bear Valley Springs is 12% lower than the California average.
  • The cost of living in Bear Valley Springs is 21% higher than the national average.
  • The cost of housing in Bear Valley Springs is 43% higher 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 Bear Valley Springs, 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
The salary calculator is used in order to provide a comparison of your current salary in Bear Valley Springs, CA to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Bear Valley Springs, CA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Bear Valley Springs, CA salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$86,538$7,212$2,019$2,596
Renters$63,841$5,320$1,490$1,915
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Bear Valley Springs, 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 Bear Valley Springs, CA homeowners, is $86,538. This would allow for a maximum of $2,019 per month to be spent on housing costs. For renters, the median monthly income is $63,841 which would result in a maximum of $1,490 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%
When you are determining the total cost of living in Bear Valley Springs, CA you will want to make sure you consider both the California sales tax and the California income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in California is 7.5%, with the highest surtax being 10%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in California have a range from 1% to 12.3%.

Goods & Services

ItemBear Valley SpringsNational 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

ItemBear Valley SpringsNational 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

ItemBear Valley SpringsNational 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

ItemBear Valley SpringsNational avg.Difference
Home Price $282,400.00$175,700.0060.7%
Avg. Mortgage Payment $1,102.31$1,133.232.7%
Apartment Rent $922.00$920.000.2%

Transportation

ItemBear Valley SpringsNational avg.Difference
Gasoline $2.75$1.9937.9%
Tire Balancing $46.10$45.760.7%

Utilities

ItemBear Valley SpringsNational 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.
Edmundson Acres, CA27497-3%
Arvin, CA20,02898-2%
Tehachapi, CA13,8181066%
Golden Hills, CA8,39811010%
Keene, CA32511212%
Bear Valley Springs, CA5,05812121%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Doffing, TX5,05968-32%
Colona, IL5,05786-14%
Deale, MD5,05713939%
Bellingham, MA5,05512727%
Pingree Grove, IL5,0621033%
Bear Valley Springs, CA5,05812121%
Source: The Bear Valley Springs, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.