D+
13%
Overall NAT. AVG.
8%
Goods & Services NAT. AVG.
11%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Garden Acres California National
Cost of living113140100
Goods & Services108111100
Groceries107112100
Health care102109100
Housing111196100
Transportation122126100
Utilities142127100

An Overview of Cost of Living in Garden Acres, CA

The cost of living in Garden Acres affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Garden Acres is 113, which is 13% higher than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.

Is Garden Acres Affordable?

Wondering if Garden Acres is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Garden Acres, for example, the median home price is 10.4% higher than what folks pay nationally, and monthly rent is 12.8% higher than the usual rates. Plus, income levels matter too, with Garden Acres boasting a median household income of $46,276, which is 16.4% lower than the national average.

What Factors can Influence the Cost of Living in Garden Acres?

Groceries: Grocery costs have continued to increase significantly over the last 2-3 years. In some markets the cost of food has gone up by more than 20% in that period. While other markets have managed to see only a moderate uptick. These food costs can have a major impact on the cost of living in any area. In Garden Acres, the groceries index is 6.8% higher than the national average.

Healthcare: Healthcare expenditures and insurance premium rates can vary significantly, contingent upon the particular city or state. Factors such as the accessibility of healthcare facilities, out-of-pocket expenses for doctor's appointments, dental care charges, prescription medication costs, and expenses related to specialized medical care can all have an impact on the overall cost of living. In Garden Acres, healthcare costs are 2.4% higher than the national average.

Urbanization: Larger, urban centers, known for their wealth of amenities and strong employment prospects, often exhibit an elevated cost of living, primarily attributable to the heightened demand for services and residential relocation. Consequently, this scenario leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural areas or regions characterized by diminished demand typically provide a more limited array of amenities and experience slower job market growth, resulting in a more affordable cost of living.

Where is the Data From?

The Garden Acres cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Garden Acres is 19% lower than the California average
  • The cost of living in Garden Acres is 13% higher than the national average
  • Garden Acres housing is 11% higher than the national average
  • California general sales tax is 42% higher than the national average
  • California state income tax is 56% lower than the national average

Most Affordable Places to Live in and Around Garden Acres

See all the best places to live around Garden Acres

Compare Garden Acres, CA Cost of Living

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      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

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$55,987$4,666$1,306$1,680
      Renters$40,257$3,355$939$1,208
      The affordability of the housing market in Garden Acres, CA as well as the overall cost of living can be predicted 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 be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Garden Acres homeowners, the median income is $55,987. This indicates that a monthly maximum of $1,306 should be spent by homeowners on all housing related costs. Renters have a median income of $40,257. This indicates that renters would have a maximum of $939 for their rent related monthly costs.

      California Sales Tax

      State General Sales Tax With Max Surtax
      California 7.25% 10.5%

      California Income Tax

      State Income Tax (Low) Income Tax (High)
      California 1% 12.3%

      Goods & Services

      Item Garden Acres National avg. Difference
      Haircut $23.42$24.263.5%
      Beauty Salon $49.62$45.568.9%
      Toothpaste $3.64$3.701.6%
      Shampoo $1.50$1.2817.0%
      Movie $13.61$12.1312.2%
      Bowling $22.34$18.0024.1%

      Groceries

      Item Garden Acres National avg. Difference
      Ground Beef $6.24$5.846.9%
      Fried Chicken $2.10$1.5733.8%
      Milk $4.83$4.673.5%
      Potatoes $4.43$4.9310.3%
      Pizza $16.78$12.0938.8%
      Beer $10.08$10.413.2%

      Health Care

      Item Garden Acres National avg. Difference
      Optometrist $138.22$125.6810.0%
      Doctor $134.39$135.781.0%
      Dentist $117.52$113.293.7%
      Ibuprofen $10.68$10.650.3%
      Lipitor $494.99$468.605.6%

      Housing

      Item Garden Acres National avg. Difference
      Home Price $203,900.00$184,700.0010.4%
      Avg. Mortgage Payment $3,173.44$2,346.6935.2%
      Apartment Rent $1,070.00$949.0012.8%

      Transportation

      Item Garden Acres National avg. Difference
      Gasoline $4.21$3.4621.5%
      Tire Balancing $73.10$59.9222.0%

      Utilities

      Item Garden Acres National avg. Difference
      All Electricity $327.22$193.9968.7%
      Phone $189.16$192.251.6%
      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 Population Cost of Living Index National Avg.
      Acampo, CA26111414.2%
      Farmington, CA16911414.2%
      August, CA8,0461109.9%
      Kennedy, CA2,87711010.1%
      Taft Mosswood, CA1,06011414.2%
      Garden Acres, CA10,09611313.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Blacklick Estates, OH10,0979010.4%
      Chalco, NE10,092945.6%
      Bithlo, FL10,1011099.4%
      Capitola, CA10,09018181.0%
      Bel Air, MD10,10211413.9%
      Garden Acres, CA10,09611313.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.