Lake San Marcos 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.
IndexLake San MarcosCaliforniaNational
Cost of living index144135100
IndexLake San MarcosCaliforniaNational
Goods & Services index105107100
Groceries index109117100
Health care index111109100
Housing index221189100
Transportation index124125100
Utilities index122116100
Displayed above is a general overview of the Lake San Marcos, CA cost of living index. The overall cost of living index in Lake San Marcos, CA is 144, which is 7% higher than the California average and 44% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Lake San Marcos, CA are 1% lower than the California average and 5% higher than the national average.

Did you know?

  • The cost of living in Lake San Marcos is 7% higher than the California average.
  • The cost of living in Lake San Marcos is 44% higher than the national average.
  • The cost of housing in Lake San Marcos 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 Lake San Marcos, CA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Lake San Marcos, 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 Lake San Marcos, CA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Lake San Marcos, 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)
Owners$52,264$4,355$1,219$1,568
Renters$21,882$1,824$511$657
The affordability of the housing market in Lake San Marcos, 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 Lake San Marcos, CA homeowners, the median income is $52,264. This indicates that a monthly maximum of $1,219 should be spent by homeowners on all housing related costs. Renters have a median income of $21,882. This indicates that renters should have a maximum of $511 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 Lake San Marcos, 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

ItemLake San MarcosNational avg.Difference
Haircut $18.53$14.5927.0%
Beauty Salon $57.27$34.6865.1%
Toothpaste $2.74$2.4710.8%
Shampoo $1.11$1.028.6%
Movie $12.40$9.8725.7%
Bowling $5.52$4.3925.7%

Groceries

ItemLake San MarcosNational avg.Difference
Ground Beef $4.49$4.480.3%
Fried Chicken $1.54$1.465.2%
Milk $2.54$2.367.8%
Potatoes $3.32$3.068.4%
Pizza $8.00$9.2413.4%
Beer $9.38$8.638.7%

Health Care

ItemLake San MarcosNational avg.Difference
Optometrist $104.65$99.784.9%
Doctor $109.87$105.034.6%
Dentist $109.00$88.7022.9%
Ibuprofen $12.99$9.4138.0%
Lipitor $280.93$298.505.9%

Housing

ItemLake San MarcosNational avg.Difference
Home Price $398,300.00$175,700.00126.7%
Avg. Mortgage Payment $2,436.52$1,081.03125.4%
Apartment Rent $1,911.00$920.00107.7%

Transportation

ItemLake San MarcosNational avg.Difference
Gasoline $2.74$2.0931.0%
Tire Balancing $47.16$45.294.1%

Utilities

ItemLake San MarcosNational avg.Difference
All Electricity$214.73$170.8025.7%
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.
Escondido, CA147,60313030%
Vista, CA96,18113232%
Camp Pendleton North, CA6,43613333%
Oceanside, CA171,40013434%
San Marcos, CA87,80813636%
Lake San Marcos, CA4,67914444%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Highland Lakes, AL4,67912525%
Offutt AFB, NE4,6781022%
Jonesboro, LA4,68078-22%
Harrisburg, SD4,67897-3%
Colville, WA4,68190-10%
Lake San Marcos, CA4,67914444%
Source: The Lake San Marcos, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.