Hanford 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 index104135100
Goods & Services index100107100
Groceries index106117100
Health care index102109100
Housing index99189100
Transportation index115125100
Utilities index119116100
A general overview of the cost of living index for Hanford, CA is displayed above. In Hanford, CA, the overall cost of living index is 104, which is 23% lower than the California average and 4% 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 Hanford, 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 Hanford is 23% lower than the California average.
  • The cost of living in Hanford is 4% higher than the national average.
  • The cost of housing in Hanford is 1% lower 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
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 Hanford, 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 Hanford, CA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Hanford, 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)
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Hanford, CA, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Hanford, CA has a median income of about $73,272 for people who own homes. Based on that number, a person should spend a maximum of $1,710 on expenses related to housing. Renters have a slightly different median income, which is $34,605. Based on this average, renters should spend no more than $807 on all of their rental costs if they want to maintain a non-impoverished standard of living.

California Sales Tax

StateGeneral Sales TaxWith Max Surtax

California Income Tax

StateIncome Tax (Low)Income Tax (High)
The California sales tax and California income tax rates should definitely be considered when determining the overall cost of living in Hanford, CA. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The California sales tax is 7.5% and the maximum surtax is 10%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The California income tax rates range from 1% to 12.3%.

Goods & Services

ItemHanfordNational 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%


ItemHanfordNational 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

ItemHanfordNational 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%


ItemHanfordNational avg.Difference
Home Price $171,600.00$175,700.002.3%
Avg. Mortgage Payment $1,207.72$1,081.0311.7%
Apartment Rent $934.00$920.001.5%


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


ItemHanfordNational 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.
London, CA2,08091-9%
Traver, CA91093-7%
Stratford, CA1,30193-7%
Delft Colony, CA16494-6%
Home Garden, CA1,78795-5%
Hanford, CA54,5231044%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Pocatello, ID54,46686-14%
Mount Prospect, IL54,58911919%
Rosemead, CA54,45713939%
Carson City, NV54,63411919%
Port Arthur, TX54,68580-20%
Hanford, CA54,5231044%
Source: The Hanford, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.