Greenacres 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.
Cost of living index106135100
Goods & Services index100107100
Groceries index106117100
Health care index102109100
Housing index105189100
Transportation index115125100
Utilities index119116100
A general overview of the cost of living index for Greenacres, CA is displayed above. In Greenacres, CA, the overall cost of living index is 106, which is 22% lower than the California average and 6% 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 Greenacres, CA, the city's goods and services are 7% lower than the California average and equal to the U.S. average.

Did you know?

  • The cost of living in Greenacres is 22% lower than the California average.
  • The cost of living in Greenacres is 6% higher than the national average.
  • The cost of housing in Greenacres is 5% 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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Salary Calculator

This is how much you would need to earn in
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Goods & Services index
Groceries index
Health care index
Housing index
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Use the salary calculator to compare your current income in Greenacres, 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 Greenacres, CA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Greenacres, 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)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Greenacres, 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 Greenacres, CA, the median monthly income is $64,577 for those who own their own homes. Under the standard rule, that income level would allow for $1,507 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $52,500, per the median income in the area. That would allow for renters to spend up to $1,225 on monthly rental expenses.

California Sales Tax

StateGeneral Sales TaxWith Max Surtax

California Income Tax

StateIncome Tax (Low)Income Tax (High)
For those who live in Greenacres, 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

ItemGreenacresNational avg.Difference
Haircut $12.00$14.5917.8%
Beauty Salon $46.67$34.6834.6%
Toothpaste $2.67$2.478.0%
Shampoo $1.09$1.026.7%
Movie $8.83$9.8710.5%
Bowling $4.50$4.392.5%


ItemGreenacresNational avg.Difference
Ground Beef $4.62$4.483.2%
Fried Chicken $1.39$1.465.1%
Milk $2.25$2.364.5%
Potatoes $3.49$3.0614.0%
Pizza $8.99$9.242.7%
Beer $8.65$8.630.2%

Health Care

ItemGreenacresNational avg.Difference
Optometrist $94.50$99.785.3%
Doctor $102.67$105.032.3%
Dentist $97.00$88.709.4%
Ibuprofen $11.98$9.4127.3%
Lipitor $258.91$298.5013.3%


ItemGreenacresNational avg.Difference
Home Price $163,700.00$175,700.006.8%
Avg. Mortgage Payment $1,207.72$1,081.0311.7%
Apartment Rent $1,227.00$920.0033.4%


ItemGreenacresNational avg.Difference
Gasoline $2.51$2.0920.0%
Tire Balancing $46.33$45.292.3%


ItemGreenacresNational avg.Difference
All Electricity$246.03$170.8044.0%
Phone $23.95$28.2615.2%
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.
Weedpatch, CA2,17088-12%
Fuller Acres, CA92489-11%
Dustin Acres, CA29589-11%
Cherokee Strip, CA29590-10%
Tupman, CA17690-10%
Greenacres, CA4,9491066%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Medical Lake, WA4,95092-8%
Chisago City, MN4,9511055%
Dunlap, TN4,95389-11%
Ridge Wood Heights, FL4,95399-1%
Granite Shoals, TX4,95482-18%
Greenacres, CA4,9491066%
Source: The Greenacres, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.