Lynwood 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.
IndexLynwoodCaliforniaNational
Cost of living index120135100
IndexLynwoodCaliforniaNational
Goods & Services index105107100
Groceries index106117100
Health care index109109100
Housing index145189100
Transportation index120125100
Utilities index112116100
Here we can see a simple outline of the cost of living in Lynwood, CA. As you can see, with the average cost of living in Lynwood, CA being 120, that puts it 12% lower than the average of California and 20% 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 Lynwood, CA, the price of goods and services are 1% lower than the average of California as well as 5% higher than the nation's average.

Did you know?

  • The cost of living in Lynwood is 12% lower than the California average.
  • The cost of living in Lynwood is 20% higher than the national average.
  • The cost of housing in Lynwood is 45% 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 Lynwood, CA Cost of living To Other Cities

Salary Calculator

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Health care index
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Use the salary calculator to compare your current salary in Lynwood, CA to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Lynwood, CA, then you would need to earn more income in order to maintain the same standard of living. To use the Lynwood, CA salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$59,315$4,943$1,384$1,780
Renters$31,009$2,584$723$930
The affordability of the housing market in Lynwood, 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 Lynwood, CA homeowners, the median income is $59,315. This indicates that a monthly maximum of $1,384 should be spent by homeowners on all housing related costs. Renters have a median income of $31,009. This indicates that renters should have a maximum of $723 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%
One thing to keep in mind when considering the cost of living in Lynwood, CA is the California sales tax and California income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The California sales tax rate is 7.5% and the maximum surtax that can be charged is 10%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The California income tax rates range from 1% to 12.3%.

Goods & Services

ItemLynwoodNational avg.Difference
Haircut $18.32$14.5925.5%
Beauty Salon $63.86$34.6884.1%
Toothpaste $2.90$2.4717.3%
Shampoo $1.11$1.028.6%
Movie $14.20$9.8743.9%
Bowling $6.63$4.3951.0%

Groceries

ItemLynwoodNational avg.Difference
Ground Beef $4.16$4.487.1%
Fried Chicken $1.74$1.4618.8%
Milk $2.62$2.3611.2%
Potatoes $2.99$3.062.3%
Pizza $8.00$9.2413.4%
Beer $9.38$8.638.7%

Health Care

ItemLynwoodNational avg.Difference
Optometrist $126.07$99.7826.3%
Doctor $97.27$105.037.4%
Dentist $110.00$88.7024.0%
Ibuprofen $12.16$9.4129.2%
Lipitor $280.93$298.505.9%

Housing

ItemLynwoodNational avg.Difference
Home Price $278,300.00$175,700.0058.4%
Avg. Mortgage Payment $2,080.63$1,081.0392.5%
Apartment Rent $1,044.00$920.0013.5%

Transportation

ItemLynwoodNational avg.Difference
Gasoline $2.63$2.0925.7%
Tire Balancing $46.96$45.293.7%

Utilities

ItemLynwoodNational avg.Difference
All Electricity$183.94$170.807.7%
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.
Vernon, CA591033%
Willowbrook, CA20,89711313%
Florence-Graham, CA62,81511414%
Cudahy, CA24,07311414%
Compton, CA97,66311515%
Lynwood, CA70,78912020%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Manteca, CA70,69311616%
Passaic, NJ70,65112424%
Iowa City, IA70,59797-3%
Apple Valley, CA70,5611066%
Waukesha, WI71,0831011%
Lynwood, CA70,78912020%
Source: The Lynwood, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.