Moreno Valley 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.
IndexMoreno ValleyCaliforniaNational
Cost of living index113137100
IndexMoreno ValleyCaliforniaNational
Goods & Services index107109100
Groceries index113118100
Health care index107111100
Housing index117189100
Transportation index138130100
Utilities index103112100
An overview of the general cost of living index for Moreno Valley, CA is displayed above for your reference. Residents in Moreno Valley, CA enjoy a cost of living index of 113. This index is 17% lower than the California average, and 13% 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 Moreno Valley, 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 Moreno Valley is 17% lower than the California average.
  • The cost of living in Moreno Valley is 13% higher than the national average.
  • The cost of housing in Moreno Valley is 17% 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 Moreno Valley, CA Cost of living To Other Cities

Salary Calculator

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Health care index
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The salary calculator is used in order to provide a comparison of your current salary in Moreno Valley, CA to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Moreno Valley, CA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Moreno Valley, CA salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$67,408$5,617$1,573$2,022
Renters$38,401$3,200$896$1,152
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Moreno Valley, 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 Moreno Valley, CA homeowners, is $67,408. This would allow for a maximum of $1,573 per month to be spent on housing costs. For renters, the median monthly income is $38,401 which would result in a maximum of $896 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 Moreno Valley, 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

ItemMoreno ValleyNational avg.Difference
Haircut $18.80$15.5620.8%
Beauty Salon $61.40$36.1170.1%
Toothpaste $2.67$2.478.0%
Shampoo $1.20$0.9624.4%
Movie $13.02$10.1328.5%
Bowling $6.27$4.7432.4%

Groceries

ItemMoreno ValleyNational avg.Difference
Ground Beef $4.66$3.9816.9%
Fried Chicken $1.35$1.414.3%
Milk $1.98$2.064.1%
Potatoes $2.54$2.9814.7%
Pizza $10.99$9.4716.0%
Beer $10.36$8.7917.8%

Health Care

ItemMoreno ValleyNational avg.Difference
Optometrist $101.11$101.040.1%
Doctor $96.33$107.4410.3%
Dentist $106.10$90.4217.3%
Ibuprofen $11.77$9.2826.8%
Lipitor $433.14$426.501.6%

Housing

ItemMoreno ValleyNational avg.Difference
Home Price $188,100.00$175,700.007.1%
Avg. Mortgage Payment $3,096.05$1,133.23173.2%
Apartment Rent $1,283.00$920.0039.5%

Transportation

ItemMoreno ValleyNational avg.Difference
Gasoline $3.05$1.9953.1%
Tire Balancing $47.53$45.763.9%

Utilities

ItemMoreno ValleyNational avg.Difference
All Electricity$170.50$163.814.1%
Phone $29.19$28.392.8%
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.
Homeland, CA5,92198-2%
Hemet, CA81,2031011%
Green Acres, CA2,3301033%
Meadowbrook, CA3,4471044%
San Jacinto, CA45,4971055%
Moreno Valley, CA198,87211313%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Yonkers, NY198,65413636%
Akron, OH198,49284-16%
Columbus, GA198,24791-9%
Aurora, IL199,8781000%
Shreveport, LA200,69286-14%
Moreno Valley, CA198,87211313%
Source: The Moreno Valley, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.