Meiners Oaks 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.
IndexMeiners OaksCaliforniaNational
Cost of living index134135100
IndexMeiners OaksCaliforniaNational
Goods & Services index105107100
Groceries index106117100
Health care index109109100
Housing index194189100
Transportation index120125100
Utilities index112116100
An overview of the general cost of living index for Meiners Oaks, CA is displayed above for your reference. Residents in Meiners Oaks, CA enjoy a cost of living index of 134. This index is 1% lower than the California average, and 34% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Meiners Oaks, CA, the average cost of goods and services is 1% lower than it is in California, and it is 5% higher than the national average.

Did you know?

  • The cost of living in Meiners Oaks is 1% lower than the California average.
  • The cost of living in Meiners Oaks is 34% higher than the national average.
  • The cost of housing in Meiners Oaks is 94% 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 Meiners Oaks, CA Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in Meiners Oaks, CA to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Meiners Oaks, CA, you have to earn a higher income in order to still have the same standard of living. To operate the Meiners Oaks, CA salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$95,221$7,935$2,222$2,857
Renters$67,766$5,647$1,581$2,033
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Meiners Oaks, CA as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Meiners Oaks, CA homeowners, is $95,221. This would allow for a maximum of $2,222 per month to be spent on housing costs. For renters, the median monthly income is $67,766 which would result in a maximum of $1,581 to be spent on rental 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 Meiners Oaks, 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

ItemMeiners OaksNational 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

ItemMeiners OaksNational 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

ItemMeiners OaksNational 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

ItemMeiners OaksNational avg.Difference
Home Price $391,500.00$175,700.00122.8%
Avg. Mortgage Payment $2,080.63$1,081.0392.5%
Apartment Rent $1,156.00$920.0025.7%

Transportation

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

Utilities

ItemMeiners OaksNational 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.
Saticoy, CA1,21211616%
El Rio, CA6,78512222%
Santa Paula, CA29,99012424%
Oak View, CA4,34713636%
San Buenaventura (Ventura), CA108,44914141%
Meiners Oaks, CA3,63413434%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Independence, MN3,63413232%
Leisuretowne, NJ3,63311212%
Wheatland, WY3,63388-12%
Dixmoor, IL3,63587-13%
Parkesburg, PA3,6361077%
Meiners Oaks, CA3,63413434%
Source: The Meiners Oaks, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.