Pismo Beach 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.
IndexPismo BeachCaliforniaNational
Cost of living index163137100
IndexPismo BeachCaliforniaNational
Goods & Services index100109100
Groceries index112118100
Health care index106111100
Housing index284189100
Transportation index126130100
Utilities index136112100
An overview of the general cost of living index for Pismo Beach, CA is displayed above for your reference. Residents in Pismo Beach, CA enjoy a cost of living index of 163. This index is 19% 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 Pismo Beach, CA, the average cost of goods and services is 9% lower than it is in California, and it is equal to the national average.

Did you know?

  • The cost of living in Pismo Beach is 19% higher than the California average.
  • The cost of living in Pismo Beach is 63% higher than the national average.
  • The cost of housing in Pismo Beach is 184% 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 Pismo Beach, CA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Pismo Beach, 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 Pismo Beach, CA, then you would need to earn more income in order to maintain the same standard of living. To use the Pismo Beach, 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$80,663$6,722$1,882$2,420
Renters$58,581$4,882$1,367$1,758
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Pismo Beach, CA, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Pismo Beach, CA homeowners have a median income of $80,663. Using that number, you will come up with a maximum of $1,882 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $58,581, which means there is a maximum of $1,367 to be spent on the costs of renting a home or apartment.

California Sales Tax

StateGeneral Sales TaxWith Max Surtax
California7.5%10%

California Income Tax

StateIncome Tax (Low)Income Tax (High)
California1%12.3%
The California sales tax and California income tax rates should definitely be considered when determining the overall cost of living in Pismo Beach, CA. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The California sales tax is 7.5% and the maximum surtax is 10%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The California income tax rates range from 1% to 12.3%.

Goods & Services

ItemPismo BeachNational avg.Difference
Haircut $14.45$15.567.2%
Beauty Salon $50.00$36.1138.5%
Toothpaste $3.53$2.4742.6%
Shampoo $1.28$0.9632.6%
Movie $8.67$10.1314.4%
Bowling $4.30$4.749.1%

Groceries

ItemPismo BeachNational avg.Difference
Ground Beef $4.26$3.987.0%
Fried Chicken $1.38$1.412.2%
Milk $2.26$2.069.3%
Potatoes $3.81$2.9827.6%
Pizza $9.30$9.471.9%
Beer $8.37$8.794.8%

Health Care

ItemPismo BeachNational avg.Difference
Optometrist $97.83$101.043.2%
Doctor $116.54$107.448.5%
Dentist $97.28$90.427.6%
Ibuprofen $10.79$9.2816.3%
Lipitor $424.55$426.500.5%

Housing

ItemPismo BeachNational avg.Difference
Home Price $585,200.00$175,700.00233.1%
Avg. Mortgage Payment $1,102.31$1,133.232.7%
Apartment Rent $1,563.00$920.0069.9%

Transportation

ItemPismo BeachNational avg.Difference
Gasoline $2.75$1.9937.9%
Tire Balancing $46.10$45.760.7%

Utilities

ItemPismo BeachNational avg.Difference
All Electricity$261.78$163.8159.8%
Phone $30.00$28.395.7%
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.
Guadalupe, CA7,16011111%
San Miguel CDP (San Luis Obispo County), CA2,63811616%
Oceano, CA7,35511717%
Santa Maria, CA101,46811919%
Nipomo, CA17,11513535%
Pismo Beach, CA7,78916363%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Port Jefferson, NY7,78915959%
Hubbard, OH7,78785-15%
Nantucket, MA7,787201101%
Mystic Island, NJ7,79211818%
Hillview, KY7,78587-13%
Pismo Beach, CA7,78916363%
Source: The Pismo Beach, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.