La Verne 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.
IndexLa VerneCaliforniaNational
Cost of living index143135100
IndexLa VerneCaliforniaNational
Goods & Services index104107100
Groceries index109117100
Health care index104109100
Housing index221189100
Transportation index127125100
Utilities index113116100
Here we can see a simple outline of the cost of living in La Verne, CA. As you can see, with the average cost of living in La Verne, CA being 143, that puts it 5% higher than the average of California and 43% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of La Verne, CA, the price of goods and services are 3% lower than the average of California as well as 4% higher than the nation's average.

Did you know?

  • The cost of living in La Verne is 5% higher than the California average.
  • The cost of living in La Verne is 43% higher than the national average.
  • The cost of housing in La Verne is 121% 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 La Verne, CA Cost of living To Other Cities

Salary Calculator

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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in La Verne, 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 La Verne, CA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The La Verne, 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$88,131$7,344$2,056$2,644
Renters$48,478$4,040$1,131$1,454
The affordability of the housing market in La Verne, 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 La Verne, CA homeowners, the median income is $88,131. This indicates that a monthly maximum of $2,056 should be spent by homeowners on all housing related costs. Renters have a median income of $48,478. This indicates that renters should have a maximum of $1,131 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 La Verne, 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

ItemLa VerneNational avg.Difference
Haircut $18.89$14.5929.4%
Beauty Salon $60.96$34.6875.8%
Toothpaste $2.59$2.474.7%
Shampoo $1.09$1.026.7%
Movie $12.50$9.8726.7%
Bowling $5.79$4.3931.8%

Groceries

ItemLa VerneNational avg.Difference
Ground Beef $4.49$4.480.3%
Fried Chicken $1.74$1.4618.8%
Milk $2.69$2.3614.1%
Potatoes $3.32$3.068.4%
Pizza $9.00$9.242.6%
Beer $9.35$8.638.3%

Health Care

ItemLa VerneNational avg.Difference
Optometrist $104.42$99.784.7%
Doctor $95.57$105.039.0%
Dentist $102.40$88.7015.4%
Ibuprofen $11.60$9.4123.2%
Lipitor $281.41$298.505.7%

Housing

ItemLa VerneNational avg.Difference
Home Price $443,200.00$175,700.00152.2%
Avg. Mortgage Payment $2,759.31$1,081.03155.2%
Apartment Rent $1,366.00$920.0048.5%

Transportation

ItemLa VerneNational avg.Difference
Gasoline $2.61$2.0924.8%
Tire Balancing $60.00$45.2932.5%

Utilities

ItemLa VerneNational avg.Difference
All Electricity$186.13$170.809.0%
Phone $33.30$28.2617.8%
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.
Montclair, CA37,68511818%
Ontario, CA166,89211919%
Pomona, CA151,14211919%
South San Jose Hills, CA21,01212222%
La Puente, CA40,34212323%
La Verne, CA31,59214343%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Wentzville, MO31,5911011%
Laramie, WY31,60196-4%
Parkville, MD31,6061022%
Douglasville, GA31,57398-2%
Lakeside, FL31,522100-0%
La Verne, CA31,59214343%
Source: The La Verne, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.