Del Monte Forest 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 Monte ForestCaliforniaNational
Cost of living index203135100
IndexDel Monte ForestCaliforniaNational
Goods & Services index104107100
Groceries index110117100
Health care index103109100
Housing index426189100
Transportation index114125100
Utilities index113116100
A general summary of the cost of living index in Del Monte Forest, CA is shown above. Compared to the state average of California the cost of living index in Del Monte Forest, CA is 203, which is 50% higher than the average in California and compared to the national average it is 103% 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 Del Monte Forest, CA goods and services come in at 2% lower than the average in California and are 4% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Del Monte Forest is 50% higher than the California average.
  • The cost of living in Del Monte Forest is 103% higher than the national average.
  • The cost of housing in Del Monte Forest is 326% 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 Del Monte Forest, CA Cost of living To Other Cities

Salary Calculator

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The salary calculator is used in order to provide a comparison of your current salary in Del Monte Forest, 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 Del Monte Forest, CA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Del Monte Forest, 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$106,300$8,858$2,480$3,189
Renters$100,441$8,370$2,343$3,014
The affordability of the housing market in Del Monte Forest, CA as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Del Monte Forest, CA homeowners, the median income is $106,300. This indicates that a monthly maximum of $2,480 should be spent by homeowners on all housing related costs. Renters have a median income of $100,441. This indicates that renters should have a maximum of $2,343 used for their rent related monthly costs.

California Sales Tax

StateGeneral Sales TaxWith Max Surtax
California7.5%10%

California Income Tax

StateIncome Tax (Low)Income Tax (High)
California1%12.3%
One thing to keep in mind when considering the cost of living in Del Monte Forest, CA is the California sales tax and California income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The California sales tax rate is 7.5% and the maximum surtax that can be charged is 10%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The California income tax rates range from 1% to 12.3%.

Goods & Services

ItemDel Monte ForestNational avg.Difference
Haircut $16.49$14.5913.0%
Beauty Salon $43.50$34.6825.4%
Toothpaste $2.39$2.473.4%
Shampoo $1.39$1.0236.0%
Movie $10.25$9.873.9%
Bowling $4.00$4.398.9%

Groceries

ItemDel Monte ForestNational avg.Difference
Ground Beef $5.15$4.4815.0%
Fried Chicken $1.61$1.4610.0%
Milk $2.76$2.3617.1%
Potatoes $3.19$3.064.2%
Pizza $13.17$9.2442.5%
Beer $8.99$8.634.1%

Health Care

ItemDel Monte ForestNational avg.Difference
Optometrist $134.00$99.7834.3%
Doctor $91.50$105.0312.9%
Dentist $92.00$88.703.7%
Ibuprofen $10.75$9.4114.2%
Lipitor $316.62$298.506.1%

Housing

ItemDel Monte ForestNational avg.Difference
Home Price $905,900.00$175,700.00415.6%
Avg. Mortgage Payment $1,906.33$1,081.0376.3%
Apartment Rent $2,001.00$920.00117.5%

Transportation

ItemDel Monte ForestNational avg.Difference
Gasoline $2.53$2.0921.1%
Tire Balancing $43.33$45.294.3%

Utilities

ItemDel Monte ForestNational avg.Difference
All Electricity$231.09$170.8035.3%
Phone $22.99$28.2618.6%
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.
Castroville, CA6,22611515%
Marina, CA20,19813030%
Seaside, CA33,72913131%
Del Rey Oaks, CA1,72715252%
Sand City, CA35515858%
Del Monte Forest, CA6,439203103%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Washington, NJ6,43911111%
Bartonville, IL6,44088-12%
Camp Pendleton North, CA6,43613333%
Lincroft, NJ6,43614242%
Oak Ridge, NC6,43512020%
Del Monte Forest, CA6,439203103%
Source: The Del Monte Forest, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.