Simi 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.
IndexSimi ValleyCaliforniaNational
Cost of living index147137100
IndexSimi ValleyCaliforniaNational
Goods & Services index107109100
Groceries index112118100
Health care index110111100
Housing index231189100
Transportation index134130100
Utilities index107112100
An overview of the general cost of living index for Simi Valley, CA is displayed above for your reference. Residents in Simi Valley, CA enjoy a cost of living index of 147. This index is 8% higher than the California average, and 47% 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 Simi 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 Simi Valley is 8% higher than the California average.
  • The cost of living in Simi Valley is 47% higher than the national average.
  • The cost of housing in Simi Valley is 131% 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 Simi Valley, 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
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Simi 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 Simi Valley, CA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Simi 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$104,863$8,739$2,447$3,146
Renters$56,648$4,721$1,322$1,700
One can approximate the cost of living and the housing affordability in Simi Valley, CA by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Simi Valley, CA have a median income of $104,863. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,447 per month to avoid calamity and poverty. The renters in the city have an income of about $56,648, which would make their monthly maximum allowable rental costs $1,322.

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 Simi 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

ItemSimi ValleyNational avg.Difference
Haircut $18.79$15.5620.7%
Beauty Salon $59.40$36.1164.5%
Toothpaste $2.83$2.4714.3%
Shampoo $1.20$0.9624.4%
Movie $14.81$10.1346.2%
Bowling $6.45$4.7436.2%

Groceries

ItemSimi ValleyNational avg.Difference
Ground Beef $4.60$3.9815.5%
Fried Chicken $1.24$1.4111.6%
Milk $2.03$2.061.5%
Potatoes $2.66$2.9810.9%
Pizza $10.99$9.4716.0%
Beer $10.22$8.7916.2%

Health Care

ItemSimi ValleyNational avg.Difference
Optometrist $120.40$101.0419.2%
Doctor $104.83$107.442.4%
Dentist $106.00$90.4217.2%
Ibuprofen $11.88$9.2828.0%
Lipitor $429.87$426.500.8%

Housing

ItemSimi ValleyNational avg.Difference
Home Price $438,700.00$175,700.00149.7%
Avg. Mortgage Payment $2,409.78$1,133.23112.6%
Apartment Rent $1,711.00$920.0086.0%

Transportation

ItemSimi ValleyNational avg.Difference
Gasoline $2.97$1.9949.0%
Tire Balancing $45.40$45.760.8%

Utilities

ItemSimi ValleyNational avg.Difference
All Electricity$179.98$163.819.9%
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.
Piru, CA2,07811111%
Val Verde, CA2,55012121%
Fillmore, CA15,20312525%
Santa Clarita, CA179,03013939%
Castaic, CA18,61914040%
Simi Valley, CA125,69914747%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Charleston, SC125,45811414%
Stamford, CT125,40116262%
Hartford, CT125,21111212%
Coral Springs, FL125,15011616%
Concord, CA125,01714040%
Simi Valley, CA125,69914747%
Source: The Simi 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.