Emerald Lake Hills 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.
IndexEmerald Lake HillsCaliforniaNational
Cost of living index222135100
IndexEmerald Lake HillsCaliforniaNational
Goods & Services index115107100
Groceries index124117100
Health care index119109100
Housing index464189100
Transportation index131125100
Utilities index108116100
A general overview of the cost of living index for Emerald Lake Hills, CA is displayed above. In Emerald Lake Hills, CA, the overall cost of living index is 222, which is 64% higher than the California average and 122% 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 Emerald Lake Hills, CA, the city's goods and services are 8% higher than the California average and 15% higher than the U.S. average.

Did you know?

  • The cost of living in Emerald Lake Hills is 64% higher than the California average.
  • The cost of living in Emerald Lake Hills is 122% higher than the national average.
  • The cost of housing in Emerald Lake Hills is 364% 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 Emerald Lake Hills, CA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Emerald Lake Hills, CA to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Emerald Lake Hills, CA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Emerald Lake Hills, CA salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$162,292$13,524$3,787$4,869
Renters$250,001$20,833$5,833$7,501
The affordability of the housing market in Emerald Lake Hills, 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 Emerald Lake Hills, CA homeowners, the median income is $162,292. This indicates that a monthly maximum of $3,787 should be spent by homeowners on all housing related costs. Renters have a median income of $250,001. This indicates that renters should have a maximum of $5,833 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 Emerald Lake Hills, 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

ItemEmerald Lake HillsNational avg.Difference
Haircut $18.44$14.5926.4%
Beauty Salon $59.40$34.6871.3%
Toothpaste $3.14$2.4727.0%
Shampoo $1.09$1.026.7%
Movie $11.00$9.8711.5%
Bowling $6.63$4.3951.0%

Groceries

ItemEmerald Lake HillsNational avg.Difference
Ground Beef $3.97$4.4811.3%
Fried Chicken $2.07$1.4641.4%
Milk $2.77$2.3617.5%
Potatoes $3.69$3.0620.5%
Pizza $9.00$9.242.6%
Beer $9.93$8.6315.0%

Health Care

ItemEmerald Lake HillsNational avg.Difference
Optometrist $120.44$99.7820.7%
Doctor $127.57$105.0321.5%
Dentist $122.43$88.7038.0%
Ibuprofen $11.97$9.4127.2%
Lipitor $254.50$298.5014.7%

Housing

ItemEmerald Lake HillsNational avg.Difference
Home Price $1,892,900.00$175,700.00977.3%
Avg. Mortgage Payment $3,294.70$1,081.03204.8%
Apartment Rent $2,001.00$920.00117.5%

Transportation

ItemEmerald Lake HillsNational avg.Difference
Gasoline $2.80$2.0933.8%
Tire Balancing $55.37$45.2922.3%

Utilities

ItemEmerald Lake HillsNational avg.Difference
All Electricity$213.39$170.8024.9%
Phone $24.12$28.2614.6%
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.
Mountain View, CA2,29912626%
Cherryland, CA15,24412929%
Hayward, CA149,59613636%
San Lorenzo, CA24,56313939%
East Palo Alto, CA28,92014343%
Emerald Lake Hills, CA4,519222122%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Ardsley, NY4,51917676%
El Cerro Mission, NM4,51982-18%
Chester, MD4,52012020%
Berlin, MD4,5201088%
Falmouth, VA4,51811717%
Emerald Lake Hills, CA4,519222122%
Source: The Emerald Lake Hills, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.