Del Mar 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.
IndexDel MarCaliforniaNational
Cost of living index275137100
IndexDel MarCaliforniaNational
Goods & Services index102109100
Groceries index113118100
Health care index108111100
Housing index659189100
Transportation index132130100
Utilities index113112100
An overview of the general cost of living index for Del Mar, CA is displayed above for your reference. Residents in Del Mar, CA enjoy a cost of living index of 275. This index is 101% higher than the California average, and 175% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Del Mar, CA, the average cost of goods and services is 7% lower than it is in California, and it is 2% higher than the national average.

Did you know?

  • The cost of living in Del Mar is 101% higher than the California average.
  • The cost of living in Del Mar is 175% higher than the national average.
  • The cost of housing in Del Mar is 559% 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 Del Mar

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Del Mar

Compare Del Mar, 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 meant to help you compare your salary in Del Mar, CA to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Del Mar, CA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Del Mar, CA salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$108,875$9,073$2,540$3,267
Renters$88,827$7,402$2,072$2,665
If you want to find a good determining factor for the cost of living and the general affordability of housing in Del Mar, CA, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Del Mar, CA, the median monthly income is $108,875 for those who own their own homes. Under the standard rule, that income level would allow for $2,540 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $88,827, per the median income in the area. That would allow for renters to spend up to $2,072 on monthly rental expenses.

California Sales Tax

StateGeneral Sales TaxWith Max Surtax
California7.5%10%

California Income Tax

StateIncome Tax (Low)Income Tax (High)
California1%12.3%
When considering the overall cost of living expenses in Del Mar, CA, it's important to take into account the sales tax for California, as well as the rate for income tax in California. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for California is 10%, and the sales tax in the state of California is 7.5%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in California starts from 1% and goes up to 12.3%.

Goods & Services

ItemDel MarNational avg.Difference
Haircut $18.86$15.5621.1%
Beauty Salon $54.73$36.1151.6%
Toothpaste $2.88$2.4716.6%
Shampoo $1.20$0.9624.4%
Movie $12.99$10.1328.3%
Bowling $5.06$4.746.9%

Groceries

ItemDel MarNational avg.Difference
Ground Beef $4.82$3.9821.1%
Fried Chicken $1.41$1.410.2%
Milk $1.98$2.064.1%
Potatoes $2.77$2.987.1%
Pizza $9.49$9.470.2%
Beer $10.36$8.7917.8%

Health Care

ItemDel MarNational avg.Difference
Optometrist $102.12$101.041.1%
Doctor $105.00$107.442.3%
Dentist $103.33$90.4214.3%
Ibuprofen $11.77$9.2826.8%
Lipitor $429.20$426.500.6%

Housing

ItemDel MarNational avg.Difference
Home Price $1,500,250.00$175,700.00753.9%
Avg. Mortgage Payment $2,732.66$1,133.23141.1%
Apartment Rent $1,871.00$920.00103.4%

Transportation

ItemDel MarNational avg.Difference
Gasoline $2.87$1.9943.9%
Tire Balancing $47.56$45.763.9%

Utilities

ItemDel MarNational avg.Difference
All Electricity$199.86$163.8122.0%
Phone $28.79$28.391.4%
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.
Escondido, CA147,60312929%
La Mesa, CA58,23913535%
San Marcos, CA87,80813535%
Lake San Marcos, CA4,67914343%
Poway, CA49,04015151%
Del Mar, CA4,242275175%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Watertown, MN4,2431000%
Isle of Palms, SC4,24118787%
Desert Edge, CA4,24488-12%
Temple, GA4,24489-11%
Tice, FL4,24584-16%
Del Mar, CA4,242275175%
Source: The Del Mar, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.