Twin Lakes 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.
IndexTwin LakesCaliforniaNational
Cost of living index162135100
IndexTwin LakesCaliforniaNational
Goods & Services index115107100
Groceries index124117100
Health care index119109100
Housing index264189100
Transportation index131125100
Utilities index108116100
A general overview of the cost of living index for Twin Lakes, CA is displayed above. In Twin Lakes, CA, the overall cost of living index is 162, which is 20% higher than the California average and 62% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Twin Lakes, CA, the city's goods and services are 8% higher than the California average and 15% higher than the U.S. average.

Did you know?

  • The cost of living in Twin Lakes is 20% higher than the California average.
  • The cost of living in Twin Lakes is 62% higher than the national average.
  • The cost of housing in Twin Lakes is 164% 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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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
The salary calculator is meant to help you compare your salary in Twin Lakes, 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 Twin Lakes, CA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Twin Lakes, 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)
The affordability of the housing market in Twin Lakes, 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 Twin Lakes, CA homeowners, the median income is $81,196. This indicates that a monthly maximum of $1,894 should be spent by homeowners on all housing related costs. Renters have a median income of $47,026. This indicates that renters should have a maximum of $1,097 used for their rent related monthly costs.

California Sales Tax

StateGeneral Sales TaxWith Max Surtax

California Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Twin Lakes, 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

ItemTwin LakesNational avg.Difference
Haircut $18.44$14.5926.4%
Beauty Salon $59.40$34.6871.3%
Toothpaste $3.14$2.4727.0%
Shampoo $1.09$1.026.7%
Movie $11.00$9.8711.5%
Bowling $6.63$4.3951.0%


ItemTwin LakesNational avg.Difference
Ground Beef $3.97$4.4811.3%
Fried Chicken $2.07$1.4641.4%
Milk $2.77$2.3617.5%
Potatoes $3.69$3.0620.5%
Pizza $9.00$9.242.6%
Beer $9.93$8.6315.0%

Health Care

ItemTwin LakesNational avg.Difference
Optometrist $120.44$99.7820.7%
Doctor $127.57$105.0321.5%
Dentist $122.43$88.7038.0%
Ibuprofen $11.97$9.4127.2%
Lipitor $254.50$298.5014.7%


ItemTwin LakesNational avg.Difference
Home Price $549,000.00$175,700.00212.5%
Avg. Mortgage Payment $3,294.70$1,081.03204.8%
Apartment Rent $1,393.00$920.0051.4%


ItemTwin LakesNational avg.Difference
Gasoline $2.80$2.0933.8%
Tire Balancing $55.37$45.2922.3%


ItemTwin LakesNational avg.Difference
All Electricity$213.39$170.8024.9%
Phone $24.12$28.2614.6%
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.
Castroville, CA6,22611515%
Lompico, CA90012626%
Pajaro, CA2,95712020%
Amesti, CA3,21312323%
Moss Landing, CA20012424%
Twin Lakes, CA5,21216262%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Vinton, IA5,21185-15%
Harvest, AL5,2131000%
Wheatley Heights, NY5,21115353%
Shelbyville, IL5,21182-18%
South Lebanon, OH5,21595-5%
Twin Lakes, CA5,21216262%
Source: The Twin Lakes, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.