Castaic 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.
IndexCastaicCaliforniaNational
Cost of living index138135100
IndexCastaicCaliforniaNational
Goods & Services index105107100
Groceries index106117100
Health care index109109100
Housing index205189100
Transportation index120125100
Utilities index112116100
A general overview of the cost of living index for Castaic, CA is displayed above. In Castaic, CA, the overall cost of living index is 138, which is 2% higher than the California average and 38% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Castaic, CA, the city's goods and services are 1% lower than the California average and 5% higher than the U.S. average.

Did you know?

  • The cost of living in Castaic is 2% higher than the California average.
  • The cost of living in Castaic is 38% higher than the national average.
  • The cost of housing in Castaic is 105% 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 Castaic, CA Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in Castaic, CA to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Castaic, CA, you have to earn a higher income in order to still have the same standard of living. To operate the Castaic, CA salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$116,882$9,740$2,727$3,507
Renters$45,078$3,757$1,052$1,352
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Castaic, 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 Castaic, CA homeowners, is $116,882. This would allow for a maximum of $2,727 per month to be spent on housing costs. For renters, the median monthly income is $45,078 which would result in a maximum of $1,052 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 assessing the complete cost of living in Castaic, CA, the California income tax and the California sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The California maximum surtax is 10%, and the California sales tax is 7.5%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 1% to 12.3% in California.

Goods & Services

ItemCastaicNational avg.Difference
Haircut $18.32$14.5925.5%
Beauty Salon $63.86$34.6884.1%
Toothpaste $2.90$2.4717.3%
Shampoo $1.11$1.028.6%
Movie $14.20$9.8743.9%
Bowling $6.63$4.3951.0%

Groceries

ItemCastaicNational avg.Difference
Ground Beef $4.16$4.487.1%
Fried Chicken $1.74$1.4618.8%
Milk $2.62$2.3611.2%
Potatoes $2.99$3.062.3%
Pizza $8.00$9.2413.4%
Beer $9.38$8.638.7%

Health Care

ItemCastaicNational avg.Difference
Optometrist $126.07$99.7826.3%
Doctor $97.27$105.037.4%
Dentist $110.00$88.7024.0%
Ibuprofen $12.16$9.4129.2%
Lipitor $280.93$298.505.9%

Housing

ItemCastaicNational avg.Difference
Home Price $404,900.00$175,700.00130.4%
Avg. Mortgage Payment $2,080.63$1,081.0392.5%
Apartment Rent $1,334.00$920.0045.0%

Transportation

ItemCastaicNational avg.Difference
Gasoline $2.63$2.0925.7%
Tire Balancing $46.96$45.293.7%

Utilities

ItemCastaicNational avg.Difference
All Electricity$183.94$170.807.7%
Phone $33.30$28.2617.8%
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.
Lake Hughes, CA4691066%
Piru, CA2,0781099%
Elizabeth Lake, CA1,60311515%
Val Verde, CA2,55011919%
San Fernando, CA24,05012222%
Castaic, CA18,61913838%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Hayesville, OR18,6111077%
Palestine, TX18,61182-18%
Linda, CA18,63411313%
Trenton, MI18,63588-12%
Troy, AL18,63692-8%
Castaic, CA18,61913838%
Source: The Castaic, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.