Loomis 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.
IndexLoomisCaliforniaNational
Cost of living index127137100
IndexLoomisCaliforniaNational
Goods & Services index109109100
Groceries index114118100
Health care index100111100
Housing index168189100
Transportation index125130100
Utilities index93112100
Displayed above is a general overview of the Loomis, CA cost of living index. The overall cost of living index in Loomis, CA is 127, which is 7% lower than the California average and 27% 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 Loomis, CA are equal to the California average and 9% higher than the national average.

Did you know?

  • The cost of living in Loomis is 7% lower than the California average.
  • The cost of living in Loomis is 27% higher than the national average.
  • The cost of housing in Loomis is 68% 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 Loomis, CA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Cost of living index
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Health care index
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The salary calculator is meant to help you compare your salary in Loomis, 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 Loomis, CA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Loomis, 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)
Owners$85,881$7,157$2,004$2,577
Renters$73,056$6,088$1,705$2,192
The affordability of the housing market in Loomis, 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 Loomis, CA homeowners, the median income is $85,881. This indicates that a monthly maximum of $2,004 should be spent by homeowners on all housing related costs. Renters have a median income of $73,056. This indicates that renters should have a maximum of $1,705 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%
The California sales tax and California income tax rates should definitely be considered when determining the overall cost of living in Loomis, 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

ItemLoomisNational avg.Difference
Haircut $18.56$15.5619.2%
Beauty Salon $46.83$36.1129.7%
Toothpaste $2.36$2.474.7%
Shampoo $1.20$0.9624.0%
Movie $13.04$10.1328.8%
Bowling $6.06$4.7427.9%

Groceries

ItemLoomisNational avg.Difference
Ground Beef $4.33$3.988.6%
Fried Chicken $1.44$1.412.3%
Milk $2.74$2.0632.9%
Potatoes $3.24$2.988.6%
Pizza $14.38$9.4751.8%
Beer $8.99$8.792.2%

Health Care

ItemLoomisNational avg.Difference
Optometrist $119.75$101.0418.5%
Doctor $90.68$107.4415.6%
Dentist $93.33$90.423.2%
Ibuprofen $11.14$9.2820.0%
Lipitor $422.41$426.501.0%

Housing

ItemLoomisNational avg.Difference
Home Price $288,800.00$175,700.0064.4%
Avg. Mortgage Payment $1,362.97$1,133.2320.3%
Apartment Rent $1,617.00$920.0075.8%

Transportation

ItemLoomisNational avg.Difference
Gasoline $2.69$1.9935.0%
Tire Balancing $46.66$45.762.0%

Utilities

ItemLoomisNational avg.Difference
All Electricity$167.31$163.812.1%
Phone $23.33$28.3917.8%
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.
McClellan Park, CA1,10398-2%
North Highlands, CA44,8991033%
Wheatland, CA3,4941044%
Foothill Farms, CA33,0241055%
Rio Linda, CA14,5811099%
Loomis, CA6,58912727%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Kimberly, WI6,59091-9%
Gypsum, CO6,58712525%
Wharton, NJ6,58612222%
Fircrest, WA6,59211919%
East Porterville, CA6,58598-2%
Loomis, CA6,58912727%
Source: The Loomis, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.