Los Gatos 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.
IndexLos GatosCaliforniaNational
Cost of living index309137100
IndexLos GatosCaliforniaNational
Goods & Services index125109100
Groceries index143118100
Health care index133111100
Housing index734189100
Transportation index130130100
Utilities index109112100
A general overview of the cost of living index for Los Gatos, CA is displayed above. In Los Gatos, CA, the overall cost of living index is 309, which is 126% higher than the California average and 209% 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 Los Gatos, CA, the city's goods and services are 14% higher than the California average and 25% higher than the U.S. average.

Did you know?

  • The cost of living in Los Gatos is 126% higher than the California average.
  • The cost of living in Los Gatos is 209% higher than the national average.
  • The cost of housing in Los Gatos is 634% 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 Los Gatos, CA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Los Gatos, 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 Los Gatos, CA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Los Gatos, 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$159,811$13,318$3,729$4,795
Renters$82,213$6,851$1,918$2,467
The affordability of the housing market in Los Gatos, 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 Los Gatos, CA homeowners, the median income is $159,811. This indicates that a monthly maximum of $3,729 should be spent by homeowners on all housing related costs. Renters have a median income of $82,213. This indicates that renters should have a maximum of $1,918 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 considering the overall cost of living expenses in Los Gatos, CA, it's important to take into account the sales tax for California, as well as the rate for income tax in California. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for California is 10%, and the sales tax in the state of California is 7.5%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in California starts from 1% and goes up to 12.3%.

Goods & Services

ItemLos GatosNational avg.Difference
Haircut $17.55$15.5612.7%
Beauty Salon $40.77$36.1112.9%
Toothpaste $3.61$2.4745.8%
Shampoo $1.23$0.9627.1%
Movie $12.35$10.1321.9%
Bowling $7.64$4.7461.3%

Groceries

ItemLos GatosNational avg.Difference
Ground Beef $6.33$3.9858.8%
Fried Chicken $2.69$1.4191.3%
Milk $2.92$2.0641.3%
Potatoes $4.70$2.9857.6%
Pizza $13.06$9.4737.8%
Beer $9.48$8.797.8%

Health Care

ItemLos GatosNational avg.Difference
Optometrist $151.96$101.0450.4%
Doctor $141.39$107.4431.6%
Dentist $138.51$90.4253.2%
Ibuprofen $10.75$9.2815.8%
Lipitor $420.03$426.501.5%

Housing

ItemLos GatosNational avg.Difference
Home Price $1,696,200.00$175,700.00865.4%
Avg. Mortgage Payment $6,195.07$1,133.23446.7%
Apartment Rent $1,779.00$920.0093.4%

Transportation

ItemLos GatosNational avg.Difference
Gasoline $2.74$1.9937.6%
Tire Balancing $51.66$45.7612.9%

Utilities

ItemLos GatosNational avg.Difference
All Electricity$204.04$163.8124.6%
Phone $24.95$28.3912.1%
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.
Lompico, CA90013232%
Mountain View, CA2,29913232%
Zayante, CA85314242%
Alum Rock, CA10,99215151%
Boulder Creek, CA4,74115454%
Los Gatos, CA30,163309209%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
New Bern, NC30,17197-3%
Springfield, VA30,15413939%
San Luis, AZ30,13992-8%
LaGrange, GA30,13894-6%
Algonquin, IL30,18911010%
Los Gatos, CA30,163309209%
Source: The Los Gatos, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.