Bishop 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.
IndexBishopCaliforniaNational
Cost of living index121137100
IndexBishopCaliforniaNational
Goods & Services index100109100
Groceries index112118100
Health care index106111100
Housing index145189100
Transportation index126130100
Utilities index136112100
A general summary of the cost of living index in Bishop, CA is shown above. Compared to the state average of California the cost of living index in Bishop, CA is 121, which is 11% lower than the average in California and compared to the national average it is 21% higher 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 Bishop, CA goods and services come in at 9% lower than the average in California and are equal to compared to the nationwide average.

Did you know?

  • The cost of living in Bishop is 11% lower than the California average.
  • The cost of living in Bishop is 21% higher than the national average.
  • The cost of housing in Bishop is 45% 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 Bishop, CA Cost of living To Other Cities

Salary Calculator

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Groceries index
Health care index
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The salary calculator allows you to compare how much your current salary in Bishop, CA would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Bishop, CA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Bishop, CA salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$70,321$5,860$1,641$2,110
Renters$25,523$2,127$595$766
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Bishop, 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 Bishop, CA homeowners, is $70,321. This would allow for a maximum of $1,641 per month to be spent on housing costs. For renters, the median monthly income is $25,523 which would result in a maximum of $595 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%
For those who live in Bishop, 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

ItemBishopNational 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

ItemBishopNational 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

ItemBishopNational 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

ItemBishopNational avg.Difference
Home Price $297,100.00$175,700.0069.1%
Avg. Mortgage Payment $1,102.31$1,133.232.7%
Apartment Rent $824.00$920.0010.4%

Transportation

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

Utilities

ItemBishopNational 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.
Dixon Lane-Meadow Creek, CA2,44794-6%
Big Pine, CA1,61211313%
Chalfant, CA71411616%
Wilkerson, CA55012222%
Round Valley, CA43613030%
Bishop, CA3,85112121%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Collinsville, CT3,85112929%
The Meadows, FL3,85111111%
Clifton Forge, VA3,85083-17%
Sparks, TX3,85077-23%
Medina, TN3,85294-6%
Bishop, CA3,85112121%
Source: The Bishop, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.