Isla Vista 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.
IndexIsla VistaCaliforniaNational
Cost of living index131135100
IndexIsla VistaCaliforniaNational
Goods & Services index100107100
Groceries index106117100
Health care index102109100
Housing index189189100
Transportation index115125100
Utilities index119116100
A general summary of the cost of living index in Isla Vista, CA is shown above. Compared to the state average of California the cost of living index in Isla Vista, CA is 131, which is 3% lower than the average in California and compared to the national average it is 31% 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 Isla Vista, CA goods and services come in at 7% lower than the average in California and are equal to compared to the nationwide average.

Did you know?

  • The cost of living in Isla Vista is 3% lower than the California average.
  • The cost of living in Isla Vista is 31% higher than the national average.
  • The cost of housing in Isla Vista is 89% 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 Isla Vista, CA Cost of living To Other Cities

Salary Calculator

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Groceries index
Health care index
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Transportation index
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The salary calculator allows you to compare how much your current salary in Isla Vista, CA would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Isla Vista, CA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Isla Vista, CA salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$115,625$9,635$2,698$3,469
Renters$18,129$1,511$423$544
The affordability of the housing market in Isla Vista, 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 Isla Vista, CA homeowners, the median income is $115,625. This indicates that a monthly maximum of $2,698 should be spent by homeowners on all housing related costs. Renters have a median income of $18,129. This indicates that renters should have a maximum of $423 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%
When assessing the complete cost of living in Isla Vista, CA, the California income tax and the California sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The California maximum surtax is 10%, and the California sales tax is 7.5%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 1% to 12.3% in California.

Goods & Services

ItemIsla VistaNational 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%

Groceries

ItemIsla VistaNational 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

ItemIsla VistaNational 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%

Housing

ItemIsla VistaNational avg.Difference
Home Price $361,500.00$175,700.00105.7%
Avg. Mortgage Payment $1,207.72$1,081.0311.7%
Apartment Rent $1,391.00$920.0051.2%

Transportation

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

Utilities

ItemIsla VistaNational 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.
Goleta, CA30,33316363%
Santa Ynez, CA4,90917878%
Santa Barbara, CA89,66918989%
Ballard, CA32319292%
Mission Canyon, CA2,531210110%
Isla Vista, CA24,79213131%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lemoore, CA24,7881055%
Uniondale, NY24,78714747%
Emporia, KS24,78785-15%
Cabot, AR24,76893-7%
Austin, MN24,76083-17%
Isla Vista, CA24,79213131%
Source: The Isla Vista, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.