North Fair 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.
IndexNorth Fair OaksCaliforniaNational
Cost of living index163135100
IndexNorth Fair OaksCaliforniaNational
Goods & Services index115107100
Groceries index124117100
Health care index119109100
Housing index266189100
Transportation index131125100
Utilities index108116100
An overview of the general cost of living index for North Fair Oaks, CA is displayed above for your reference. Residents in North Fair Oaks, CA enjoy a cost of living index of 163. This index is 20% higher than the California average, and 63% 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 North Fair Oaks, CA, the average cost of goods and services is 8% higher than it is in California, and it is 15% higher than the national average.

Did you know?

  • The cost of living in North Fair Oaks is 20% higher than the California average.
  • The cost of living in North Fair Oaks is 63% higher than the national average.
  • The cost of housing in North Fair Oaks is 166% 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 North Fair Oaks, CA Cost of living To Other Cities

Salary Calculator

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The salary calculator allows you to compare how much your current salary in North Fair Oaks, 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 North Fair Oaks, CA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The North Fair Oaks, 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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$86,204$7,184$2,011$2,586
Renters$43,690$3,641$1,019$1,311
The affordability of the housing market in North Fair Oaks, 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 North Fair Oaks, CA homeowners, the median income is $86,204. This indicates that a monthly maximum of $2,011 should be spent by homeowners on all housing related costs. Renters have a median income of $43,690. This indicates that renters should have a maximum of $1,019 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 North Fair 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

ItemNorth Fair OaksNational avg.Difference
Haircut $18.44$14.5926.4%
Beauty Salon $59.40$34.6871.3%
Toothpaste $3.14$2.4727.0%
Shampoo $1.09$1.026.7%
Movie $11.00$9.8711.5%
Bowling $6.63$4.3951.0%

Groceries

ItemNorth Fair OaksNational avg.Difference
Ground Beef $3.97$4.4811.3%
Fried Chicken $2.07$1.4641.4%
Milk $2.77$2.3617.5%
Potatoes $3.69$3.0620.5%
Pizza $9.00$9.242.6%
Beer $9.93$8.6315.0%

Health Care

ItemNorth Fair OaksNational avg.Difference
Optometrist $120.44$99.7820.7%
Doctor $127.57$105.0321.5%
Dentist $122.43$88.7038.0%
Ibuprofen $11.97$9.4127.2%
Lipitor $254.50$298.5014.7%

Housing

ItemNorth Fair OaksNational avg.Difference
Home Price $558,700.00$175,700.00218.0%
Avg. Mortgage Payment $3,294.70$1,081.03204.8%
Apartment Rent $1,330.00$920.0044.6%

Transportation

ItemNorth Fair OaksNational avg.Difference
Gasoline $2.80$2.0933.8%
Tire Balancing $55.37$45.2922.3%

Utilities

ItemNorth Fair OaksNational avg.Difference
All Electricity$213.39$170.8024.9%
Phone $24.12$28.2614.6%
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.
Mountain View, CA2,29912626%
Cherryland, CA15,24412929%
Hayward, CA149,59613636%
San Lorenzo, CA24,56313939%
East Palo Alto, CA28,92014343%
North Fair Oaks, CA15,18116363%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Jasper, IN15,17789-11%
Boulder City, NV15,1621088%
Westbury, NY15,20115050%
Camano, WA15,20112424%
Los Lunas, NM15,20393-7%
North Fair Oaks, CA15,18116363%
Source: The North Fair 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.