Cypress 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.
IndexCypressCaliforniaNational
Cost of living index152135100
IndexCypressCaliforniaNational
Goods & Services index104107100
Groceries index109117100
Health care index104109100
Housing index252189100
Transportation index127125100
Utilities index113116100
Here we can see a simple outline of the cost of living in Cypress, CA. As you can see, with the average cost of living in Cypress, CA being 152, that puts it 12% higher than the average of California and 52% 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 Cypress, CA, the price of goods and services are 3% lower than the average of California as well as 4% higher than the nation's average.

Did you know?

  • The cost of living in Cypress is 12% higher than the California average.
  • The cost of living in Cypress is 52% higher than the national average.
  • The cost of housing in Cypress is 152% 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 Cypress, 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
Using the salary calculator lets you compare the salary you earn in Cypress, 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 Cypress, CA, you have to earn a higher income in order to still have the same standard of living. To operate the Cypress, 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$95,872$7,989$2,237$2,876
Renters$64,617$5,385$1,508$1,939
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Cypress, 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 Cypress, CA homeowners have a median income of $95,872. Using that number, you will come up with a maximum of $2,237 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $64,617, which means there is a maximum of $1,508 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 Cypress, 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

ItemCypressNational avg.Difference
Haircut $18.89$14.5929.4%
Beauty Salon $60.96$34.6875.8%
Toothpaste $2.59$2.474.7%
Shampoo $1.09$1.026.7%
Movie $12.50$9.8726.7%
Bowling $5.79$4.3931.8%

Groceries

ItemCypressNational avg.Difference
Ground Beef $4.49$4.480.3%
Fried Chicken $1.74$1.4618.8%
Milk $2.69$2.3614.1%
Potatoes $3.32$3.068.4%
Pizza $9.00$9.242.6%
Beer $9.35$8.638.3%

Health Care

ItemCypressNational avg.Difference
Optometrist $104.42$99.784.7%
Doctor $95.57$105.039.0%
Dentist $102.40$88.7015.4%
Ibuprofen $11.60$9.4123.2%
Lipitor $281.41$298.505.7%

Housing

ItemCypressNational avg.Difference
Home Price $500,100.00$175,700.00184.6%
Avg. Mortgage Payment $2,759.31$1,081.03155.2%
Apartment Rent $1,609.00$920.0074.9%

Transportation

ItemCypressNational avg.Difference
Gasoline $2.61$2.0924.8%
Tire Balancing $60.00$45.2932.5%

Utilities

ItemCypressNational avg.Difference
All Electricity$186.13$170.809.0%
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.
Vernon, CA591033%
Willowbrook, CA20,89711313%
Florence-Graham, CA62,81511414%
Cudahy, CA24,07311414%
Compton, CA97,66311515%
Cypress, CA48,74815252%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Rancho Santa Margarita, CA48,75815757%
Commerce City, CO48,7921022%
Grapevine, TX48,67111111%
East Lansing, MI48,61198-2%
Sheboygan, WI48,91892-8%
Cypress, CA48,74815252%
Source: The Cypress, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.