Cost Of Living In Moorpark, CA

Moorpark 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.
Index	Moorpark	California	National
Cost of living index	159	137	100
Index	Moorpark	California	National
Goods & Services index	107	109	100
Groceries index	112	118	100
Health care index	110	111	100
Housing index	268	189	100
Transportation index	134	130	100
Utilities index	107	112	100

An overview of the general cost of living index for Moorpark, CA is displayed above for your reference. Residents in Moorpark, CA enjoy a cost of living index of 159. This index is 16% higher than the California average, and 59% 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 Moorpark, CA, the average cost of goods and services is 2% lower than it is in California, and it is 7% higher than the national average.

Did you know?

The cost of living in Moorpark is 16% higher than the California average.
The cost of living in Moorpark is 59% higher than the national average.
The cost of housing in Moorpark is 168% 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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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

The salary calculator allows you to compare how much your current salary in Moorpark, CA would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Moorpark, CA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Moorpark, CA salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$121,149	$10,096	$2,827	$3,635
Renters	$53,799	$4,483	$1,255	$1,614

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Moorpark, 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 Moorpark, CA homeowners, is $121,149. This would allow for a maximum of $2,827 per month to be spent on housing costs. For renters, the median monthly income is $53,799 which would result in a maximum of $1,255 to be spent on rental costs.

California Sales Tax

State	General Sales Tax	With Max Surtax
California	7.5%	10%

California Income Tax

State	Income Tax (Low)	Income Tax (High)
California	1%	12.3%

When you are determining the total cost of living in Moorpark, CA you will want to make sure you consider both the California sales tax and the California income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in California is 7.5%, with the highest surtax being 10%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in California have a range from 1% to 12.3%.

Goods & Services

Item	Moorpark	National avg.	Difference
Haircut	$18.79	$15.56	20.7%
Beauty Salon	$59.40	$36.11	64.5%
Toothpaste	$2.83	$2.47	14.3%
Shampoo	$1.20	$0.96	24.4%
Movie	$14.81	$10.13	46.2%
Bowling	$6.45	$4.74	36.2%

Groceries

Item	Moorpark	National avg.	Difference
Ground Beef	$4.60	$3.98	15.5%
Fried Chicken	$1.24	$1.41	11.6%
Milk	$2.03	$2.06	1.5%
Potatoes	$2.66	$2.98	10.9%
Pizza	$10.99	$9.47	16.0%
Beer	$10.22	$8.79	16.2%

Health Care

Item	Moorpark	National avg.	Difference
Optometrist	$120.40	$101.04	19.2%
Doctor	$104.83	$107.44	2.4%
Dentist	$106.00	$90.42	17.2%
Ibuprofen	$11.88	$9.28	28.0%
Lipitor	$429.87	$426.50	0.8%

Housing

Item	Moorpark	National avg.	Difference
Home Price	$532,000.00	$175,700.00	202.8%
Avg. Mortgage Payment	$2,409.78	$1,133.23	112.6%
Apartment Rent	$1,726.00	$920.00	87.6%

Transportation

Item	Moorpark	National avg.	Difference
Gasoline	$2.97	$1.99	49.0%
Tire Balancing	$45.40	$45.76	0.8%

Utilities

Item	Moorpark	National avg.	Difference
All Electricity	$179.98	$163.81	9.9%
Phone	$29.19	$28.39	2.8%

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, State	Population	Cost of Living Index	National Avg.
Piru, CA	2,078	111	11%
Val Verde, CA	2,550	121	21%
Fillmore, CA	15,203	125	25%
Santa Paula, CA	29,990	126	26%
Castaic, CA	18,619	140	40%
Moorpark, CA	35,033	159	59%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Olney, MD	35,017	147	47%
West Hollywood, CA	35,053	163	63%
Pahrump, NV	35,009	94	-6%
Brighton, CO	35,004	104	4%
Merritt Island, FL	35,063	96	-4%
Moorpark, CA	35,033	159	59%

Source: The Moorpark, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Moorpark, CA Cost of Living