Rancho Calaveras 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.
IndexRancho CalaverasCaliforniaNational
Cost of living index115135100
IndexRancho CalaverasCaliforniaNational
Goods & Services index106107100
Groceries index124117100
Health care index102109100
Housing index119189100
Transportation index120125100
Utilities index116116100
Displayed above is a general overview of the Rancho Calaveras, CA cost of living index. The overall cost of living index in Rancho Calaveras, CA is 115, which is 15% lower than the California average and 15% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Rancho Calaveras, CA are 1% lower than the California average and 6% higher than the national average.

Did you know?

  • The cost of living in Rancho Calaveras is 15% lower than the California average.
  • The cost of living in Rancho Calaveras is 15% higher than the national average.
  • The cost of housing in Rancho Calaveras is 19% 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.

Find Real Estate Listings In Rancho Calaveras

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Rancho Calaveras

Compare Rancho Calaveras, CA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Use the salary calculator to compare your current salary in Rancho Calaveras, 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 Rancho Calaveras, CA, then you would need to earn more income in order to maintain the same standard of living. To use the Rancho Calaveras, 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$59,427$4,952$1,387$1,783
Renters$43,521$3,627$1,015$1,306
The affordability of the housing market in Rancho Calaveras, 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 Rancho Calaveras, CA homeowners, the median income is $59,427. This indicates that a monthly maximum of $1,387 should be spent by homeowners on all housing related costs. Renters have a median income of $43,521. This indicates that renters should have a maximum of $1,015 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 you are determining the total cost of living in Rancho Calaveras, 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

ItemRancho CalaverasNational avg.Difference
Haircut $15.00$14.592.8%
Beauty Salon $38.60$34.6811.3%
Toothpaste $3.23$2.4730.6%
Shampoo $1.33$1.0230.1%
Movie $10.50$9.876.4%
Bowling $4.13$4.396.0%

Groceries

ItemRancho CalaverasNational avg.Difference
Ground Beef $4.71$4.485.2%
Fried Chicken $1.67$1.4614.1%
Milk $2.88$2.3622.2%
Potatoes $3.59$3.0617.3%
Pizza $13.29$9.2443.8%
Beer $8.99$8.634.1%

Health Care

ItemRancho CalaverasNational avg.Difference
Optometrist $126.33$99.7826.6%
Doctor $101.25$105.033.6%
Dentist $85.71$88.703.4%
Ibuprofen $11.39$9.4121.0%
Lipitor $310.31$298.504.0%

Housing

ItemRancho CalaverasNational avg.Difference
Home Price $184,200.00$175,700.004.8%
Avg. Mortgage Payment $1,229.16$1,081.0313.7%
Apartment Rent $1,413.00$920.0053.6%

Transportation

ItemRancho CalaverasNational avg.Difference
Gasoline $2.52$2.0920.5%
Tire Balancing $54.04$45.2919.3%

Utilities

ItemRancho CalaverasNational avg.Difference
All Electricity$231.09$170.8035.3%
Phone $24.95$28.2611.7%
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.
Buena Vista, CA28488-12%
San Andreas, CA2,8291066%
Camanche North Shore, CA94711010%
Mokelumne Hill, CA63511515%
Camanche Village, CA84011717%
Rancho Calaveras, CA5,73611515%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Gardiner, ME5,7371022%
Elburn, IL5,7331099%
New Carlisle, OH5,73289-11%
Penn Wynne, PA5,74014040%
Durham, CA5,74314444%
Rancho Calaveras, CA5,73611515%
Source: The Rancho Calaveras, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.