Walnut 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.
IndexWalnutCaliforniaNational
Cost of living index172135100
IndexWalnutCaliforniaNational
Goods & Services index104107100
Groceries index109117100
Health care index104109100
Housing index318189100
Transportation index127125100
Utilities index113116100
An overview of the general cost of living index for Walnut, CA is displayed above for your reference. Residents in Walnut, CA enjoy a cost of living index of 172. This index is 27% higher than the California average, and 72% 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 Walnut, CA, the average cost of goods and services is 3% lower than it is in California, and it is 4% higher than the national average.

Did you know?

  • The cost of living in Walnut is 27% higher than the California average.
  • The cost of living in Walnut is 72% higher than the national average.
  • The cost of housing in Walnut is 218% 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 Walnut

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Walnut

Compare Walnut, 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
The salary calculator allows you to compare how much your current salary in Walnut, CA would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Walnut, CA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Walnut, CA salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$108,291$9,024$2,527$3,249
Renters$62,500$5,208$1,458$1,875
One can approximate the cost of living and the housing affordability in Walnut, 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 Walnut, CA have a median income of $108,291. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,527 per month to avoid calamity and poverty. The renters in the city have an income of about $62,500, which would make their monthly maximum allowable rental costs $1,458.

California Sales Tax

StateGeneral Sales TaxWith Max Surtax
California7.5%10%

California Income Tax

StateIncome Tax (Low)Income Tax (High)
California1%12.3%
For those who live in Walnut, CA and want to know what the true cost of living is, they ought to look at both the California income tax rate and the California sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In California, the sales tax is 7.5%, while the most you'll pay in surtax is 10%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in California, the income tax rate ranges between 1% to 12.3%.

Goods & Services

ItemWalnutNational avg.Difference
Haircut $18.89$14.5929.4%
Beauty Salon $60.96$34.6875.8%
Toothpaste $2.59$2.474.7%
Shampoo $1.09$1.026.7%
Movie $12.50$9.8726.7%
Bowling $5.79$4.3931.8%

Groceries

ItemWalnutNational avg.Difference
Ground Beef $4.49$4.480.3%
Fried Chicken $1.74$1.4618.8%
Milk $2.69$2.3614.1%
Potatoes $3.32$3.068.4%
Pizza $9.00$9.242.6%
Beer $9.35$8.638.3%

Health Care

ItemWalnutNational avg.Difference
Optometrist $104.42$99.784.7%
Doctor $95.57$105.039.0%
Dentist $102.40$88.7015.4%
Ibuprofen $11.60$9.4123.2%
Lipitor $281.41$298.505.7%

Housing

ItemWalnutNational avg.Difference
Home Price $635,000.00$175,700.00261.4%
Avg. Mortgage Payment $2,759.31$1,081.03155.2%
Apartment Rent $2,001.00$920.00117.5%

Transportation

ItemWalnutNational avg.Difference
Gasoline $2.61$2.0924.8%
Tire Balancing $60.00$45.2932.5%

Utilities

ItemWalnutNational avg.Difference
All Electricity$186.13$170.809.0%
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.
Hawaiian Gardens, CA14,43211717%
Montclair, CA37,68511818%
Ontario, CA166,89211919%
Pomona, CA151,14211919%
South San Jose Hills, CA21,01212222%
Walnut, CA29,82217272%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Highland Park, IL29,81915050%
Liberty, MO29,80695-5%
Spring Valley CDP (San Diego County), CA29,84113333%
Cleburne, TX29,76592-8%
Granite City, IL29,76486-14%
Walnut, CA29,82217272%
Source: The Walnut, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.