Benicia 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.
IndexBeniciaCaliforniaNational
Cost of living index147137100
IndexBeniciaCaliforniaNational
Goods & Services index115109100
Groceries index131118100
Health care index117111100
Housing index214189100
Transportation index129130100
Utilities index107112100
The above illustration supplies generalized information for the Benicia, CA cost of living index. Compared to other cities in California and cities across the country, the cost of living index in Benicia, CA is 147, which is 8% higher than the California average and 47% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Benicia, CA are 5% higher than the average for California and 15% higher than the rest of the country.

Did you know?

  • The cost of living in Benicia is 8% higher than the California average.
  • The cost of living in Benicia is 47% higher than the national average.
  • The cost of housing in Benicia is 114% 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.

Find Real Estate Listings In Benicia

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Benicia

Compare Benicia, 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 Benicia, 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 Benicia, CA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Benicia, 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$114,050$9,504$2,661$3,422
Renters$49,083$4,090$1,145$1,473
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Benicia, CA, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Benicia, CA homeowners have a median income of $114,050. Using that number, you will come up with a maximum of $2,661 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $49,083, which means there is a maximum of $1,145 to be spent on the costs of renting a home or apartment.

California Sales Tax

StateGeneral Sales TaxWith Max Surtax
California7.5%10%

California Income Tax

StateIncome Tax (Low)Income Tax (High)
California1%12.3%
For those who live in Benicia, CA and want to know what the true cost of living is, they ought to look at both the California income tax rate and the California sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In California, the sales tax is 7.5%, while the most you'll pay in surtax is 10%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in California, the income tax rate ranges between 1% to 12.3%.

Goods & Services

ItemBeniciaNational avg.Difference
Haircut $16.52$15.566.2%
Beauty Salon $68.42$36.1189.5%
Toothpaste $3.21$2.4729.7%
Shampoo $1.11$0.9614.7%
Movie $12.69$10.1325.3%
Bowling $5.75$4.7421.5%

Groceries

ItemBeniciaNational avg.Difference
Ground Beef $3.92$3.981.7%
Fried Chicken $1.51$1.417.1%
Milk $3.08$2.0649.4%
Potatoes $3.69$2.9823.7%
Pizza $11.00$9.4716.1%
Beer $9.63$8.799.5%

Health Care

ItemBeniciaNational avg.Difference
Optometrist $119.20$101.0418.0%
Doctor $129.20$107.4420.3%
Dentist $113.36$90.4225.4%
Ibuprofen $11.72$9.2826.3%
Lipitor $396.41$426.507.1%

Housing

ItemBeniciaNational avg.Difference
Home Price $424,000.00$175,700.00141.3%
Avg. Mortgage Payment $2,671.73$1,133.23135.8%
Apartment Rent $1,369.00$920.0048.8%

Transportation

ItemBeniciaNational avg.Difference
Gasoline $2.75$1.9938.0%
Tire Balancing $49.52$45.768.2%

Utilities

ItemBeniciaNational avg.Difference
All Electricity$203.40$163.8124.2%
Phone $24.33$28.3914.3%
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, StatePopulationCost of Living IndexNational Avg.
Pacheco, CA4,2951088%
Bay Point, CA21,58611414%
San Pablo, CA29,51611616%
Rollingwood, CA2,83211616%
Montalvin Manor, CA3,05511717%
Benicia, CA27,45014747%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Eagle Pass, TX27,46381-19%
Englewood, NJ27,43513737%
Maryland Heights, MO27,42096-4%
West Chicago, IL27,4161055%
Reisterstown, MD27,49311313%
Benicia, CA27,45014747%
Source: The Benicia, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.