Stevenson Ranch 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.
IndexStevenson RanchCaliforniaNational
Cost of living index162135100
IndexStevenson RanchCaliforniaNational
Goods & Services index105107100
Groceries index106117100
Health care index109109100
Housing index288189100
Transportation index120125100
Utilities index112116100
An overview of the general cost of living index for Stevenson Ranch, CA is displayed above for your reference. Residents in Stevenson Ranch, CA enjoy a cost of living index of 162. This index is 20% higher than the California average, and 62% 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 Stevenson Ranch, 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 Stevenson Ranch is 20% higher than the California average.
  • The cost of living in Stevenson Ranch is 62% higher than the national average.
  • The cost of housing in Stevenson Ranch is 188% 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 Stevenson Ranch, 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
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The salary calculator is used in order to provide a comparison of your current salary in Stevenson Ranch, 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 Stevenson Ranch, CA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Stevenson Ranch, 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$141,028$11,752$3,290$4,231
Renters$69,362$5,780$1,618$2,081
If you want to find a good determining factor for the cost of living and the general affordability of housing in Stevenson Ranch, CA, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Stevenson Ranch, CA, the median monthly income is $141,028 for those who own their own homes. Under the standard rule, that income level would allow for $3,290 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $69,362, per the median income in the area. That would allow for renters to spend up to $1,618 on monthly rental expenses.

California Sales Tax

StateGeneral Sales TaxWith Max Surtax
California7.5%10%

California Income Tax

StateIncome Tax (Low)Income Tax (High)
California1%12.3%
One thing to keep in mind when considering the cost of living in Stevenson Ranch, CA is the California sales tax and California income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The California sales tax rate is 7.5% and the maximum surtax that can be charged is 10%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The California income tax rates range from 1% to 12.3%.

Goods & Services

ItemStevenson RanchNational 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

ItemStevenson RanchNational 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

ItemStevenson RanchNational 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

ItemStevenson RanchNational avg.Difference
Home Price $575,000.00$175,700.00227.3%
Avg. Mortgage Payment $2,080.63$1,081.0392.5%
Apartment Rent $1,798.00$920.0095.4%

Transportation

ItemStevenson RanchNational avg.Difference
Gasoline $2.63$2.0925.7%
Tire Balancing $46.96$45.293.7%

Utilities

ItemStevenson RanchNational 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.
Piru, CA2,0781099%
Val Verde, CA2,55011919%
San Fernando, CA24,05012222%
Santa Clarita, CA179,03013737%
Castaic, CA18,61913838%
Stevenson Ranch, CA18,83216262%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Cameron Park, CA18,83113030%
Rio Rico, AZ18,83790-10%
Hutto, TX18,83996-4%
Milledgeville, GA18,84087-13%
Ashtabula, OH18,81988-12%
Stevenson Ranch, CA18,83216262%
Source: The Stevenson Ranch, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.