Redondo 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.
IndexRedondo BeachCaliforniaNational
Cost of living index179135100
IndexRedondo BeachCaliforniaNational
Goods & Services index105107100
Groceries index106117100
Health care index109109100
Housing index343189100
Transportation index120125100
Utilities index112116100
An overview of the general cost of living index for Redondo Beach, CA is displayed above for your reference. Residents in Redondo Beach, CA enjoy a cost of living index of 179. This index is 32% higher than the California average, and 79% 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 Redondo Beach, CA, the average cost of goods and services is 1% lower than it is in California, and it is 5% higher than the national average.

Did you know?

  • The cost of living in Redondo Beach is 32% higher than the California average.
  • The cost of living in Redondo Beach is 79% higher than the national average.
  • The cost of housing in Redondo Beach is 243% 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 Redondo Beach, CA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Cost of living index
Goods & Services index
Groceries index
Health care index
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The salary calculator is meant to help you compare your salary in Redondo Beach, CA to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Redondo Beach, CA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Redondo Beach, CA salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$135,111$11,259$3,152$4,054
Renters$73,520$6,127$1,715$2,206
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Redondo 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 Redondo Beach, CA homeowners have a median income of $135,111. Using that number, you will come up with a maximum of $3,152 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $73,520, which means there is a maximum of $1,715 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 Redondo 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

ItemRedondo BeachNational avg.Difference
Haircut $18.32$14.5925.5%
Beauty Salon $63.86$34.6884.1%
Toothpaste $2.90$2.4717.3%
Shampoo $1.11$1.028.6%
Movie $14.20$9.8743.9%
Bowling $6.63$4.3951.0%

Groceries

ItemRedondo BeachNational avg.Difference
Ground Beef $4.16$4.487.1%
Fried Chicken $1.74$1.4618.8%
Milk $2.62$2.3611.2%
Potatoes $2.99$3.062.3%
Pizza $8.00$9.2413.4%
Beer $9.38$8.638.7%

Health Care

ItemRedondo BeachNational avg.Difference
Optometrist $126.07$99.7826.3%
Doctor $97.27$105.037.4%
Dentist $110.00$88.7024.0%
Ibuprofen $12.16$9.4129.2%
Lipitor $280.93$298.505.9%

Housing

ItemRedondo BeachNational avg.Difference
Home Price $720,600.00$175,700.00310.1%
Avg. Mortgage Payment $2,080.63$1,081.0392.5%
Apartment Rent $1,719.00$920.0086.8%

Transportation

ItemRedondo BeachNational avg.Difference
Gasoline $2.63$2.0925.7%
Tire Balancing $46.96$45.293.7%

Utilities

ItemRedondo BeachNational avg.Difference
All Electricity$183.94$170.807.7%
Phone $33.30$28.2617.8%
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.
Vernon, CA591033%
Willowbrook, CA20,89711313%
Florence-Graham, CA62,81511414%
Cudahy, CA24,07311414%
Compton, CA97,66311515%
Redondo Beach, CA67,51117979%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Glen Burnie, MD67,5591099%
Weston, FL67,56713535%
Dothan, AL67,57486-14%
Flagstaff, AZ67,4191077%
Flower Mound, TX67,63012121%
Redondo Beach, CA67,51117979%
Source: The Redondo Beach, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.