F
100%
Overall NAT. AVG.
16%
Goods & Services NAT. AVG.
297%
Housing NAT. AVG.
Search Homes for Sale
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Agoura Hills California National
Cost of living200140100
Goods & Services116111100
Groceries112112100
Health care108109100
Housing397196100
Transportation124126100
Utilities112127100

An Overview of Cost of Living in Agoura Hills, CA

Getting a feel for the cost of living in Agoura Hills is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Agoura Hills is 200, which is 100% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.

If affordability is among your top priorities when searching for a new place to live, this area may not be the ideal fit, as the cost of living in Agoura Hills is among the most expensive in the United States. Just a minority of areas exhibit a cost of living at least 20% higher than the national average, and unfortunately, Agoura Hills falls into this category, which may not align with your goal of finding a budget-friendly living environment.

Housing costs significantly influence the Agoura Hills cost of living index, typically accounting for a substantial portion of one's post-tax income. Regrettably, within this particular region, expenses related to both residential ownership and renting exceeded those observed in an average city by 297.4%. This entails elements such as housing and rental prices, mortgage interest rates and insurance costs.

Recurring goods and services expenses like haircuts, toothpaste, gym memberships and movie nights are a big part of your spending and make up 33% of the cost of living index. In Agoura Hills, these items will cost you 16.2% more than what most folks pay, making it a bit more expensive to live here.

The relentless increase in grocery prices is a noteworthy trend. In the last two years, grocery costs have experienced an upward trajectory of over 10%. Unfortunately, Agoura Hills is no exception, where grocery prices are 12.2% above the national average.

What Do Locals Say About the Cost of Living in Agoura Hills?

Locals have the inside scoop on their city. So, we polled 6 residents in Agoura Hills to learn how they view the cost of living. We asked how they felt about the cost of living in their area, and if they thought that prices were increasing, decreasing or staying the same. The verdict? 50% find it reasonable with decreasing prices, but 50% think it's quite pricey, with prices that continue to rise.

Is Agoura Hills Affordable?

Wondering if Agoura Hills is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Agoura Hills, for example, the median home price is 348.3% higher than what folks pay nationally, and monthly rent is 178.6% higher than the usual rates. Plus, income levels matter too, with Agoura Hills boasting a median household income of $126,956, which is 129.5% higher than the national average.

What Factors can Influence the Cost of Living in Agoura Hills?

Housing: Elevated demand for housing within coveted locales has the propensity to escalate both property values and rental rates, thereby serving as a primary catalyst for an augmented cost of living. Conversely, areas witnessing diminished housing demand, particularly within less desirable environs, often experience an inversely proportional effect, leading to price reductions and subsequently contributing to a more modest cost of living. In Agoura Hills, the housing index is 297.4% higher than the national average.

Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In Agoura Hills, the transportation index is 24.3% higher than the national average.

Urbanization: Larger, urban hubs brimming with ample amenities and robust employment opportunities often showcase a heightened cost of living. This surge is primarily attributed to the amplified demand for services and increased residential migration, culminating in elevated home prices and elevated rental rates. Conversely, less densely populated rural locales or regions characterized by reduced demand tend to offer a more limited array of amenities and undergo slower job market growth, ultimately yielding a more affordable cost of living.

Where is the Data From?

The cost of living in Agoura Hills, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.

New Real Estate Listings in Agoura Hills Area
Search Homes for Sale in Agoura Hills, CA

Cost Of Living Quick Facts

  • The cost of living in Agoura Hills is 43% higher than the California average
  • The cost of living in Agoura Hills is 100% higher than the national average
  • Agoura Hills housing is 297% higher than the national average
  • California general sales tax is 42% higher than the national average
  • California state income tax is 61% lower than the national average

Most Affordable Places to Live in and Around Agoura Hills

See all the best places to live around Agoura Hills

Compare Agoura Hills, CA Cost of Living

      vs
      How would you rate the cost of living in Agoura Hills?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Agoura Hills?
      Write a review to give others more information about this area.
      See all Agoura Hills poll results

      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

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$135,740$11,312$3,167$4,073
      Renters$104,236$8,686$2,432$3,127
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Agoura Hills, CA, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Agoura Hills homeowners, is $135,740. This would allow for a maximum of $3,167 per month to be spent on housing costs. For renters, the median monthly income is $104,236 which would result in a maximum of $2,432 to be spent on rental costs.

      California Sales Tax

      State General Sales Tax With Max Surtax
      California 7.25% 10.5%

      California Income Tax

      State Income Tax (Low) Income Tax (High)
      California 1% 13.3%

      Goods & Services

      Item Agoura Hills National avg. Difference
      Haircut $24.67$24.261.7%
      Beauty Salon $49.33$45.568.3%
      Toothpaste $3.76$3.701.5%
      Shampoo $1.41$1.289.8%
      Movie $13.46$12.1311.0%
      Bowling $19.07$18.006.0%

      Groceries

      Item Agoura Hills National avg. Difference
      Ground Beef $6.26$5.847.2%
      Fried Chicken $2.08$1.5732.2%
      Milk $4.76$4.671.9%
      Potatoes $4.94$4.930.2%
      Pizza $16.13$12.0933.5%
      Beer $9.60$10.417.8%

      Health Care

      Item Agoura Hills National avg. Difference
      Optometrist $129.09$125.682.7%
      Doctor $119.86$135.7811.7%
      Dentist $108.07$113.294.6%
      Ibuprofen $10.36$10.652.7%
      Lipitor $505.41$468.607.9%

      Housing

      Item Agoura Hills National avg. Difference
      Home Price $828,100.00$184,700.00348.3%
      Avg. Mortgage Payment $2,799.02$2,346.6919.3%
      Apartment Rent $2,644.00$949.00178.6%

      Transportation

      Item Agoura Hills National avg. Difference
      Gasoline $4.47$3.4629.3%
      Tire Balancing $58.33$59.922.6%

      Utilities

      Item Agoura Hills National avg. Difference
      All Electricity $326.49$193.9968.3%
      Phone $182.78$192.254.9%
      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 Population Cost of Living Index National Avg.
      Santa Susana, CA92416868.0%
      Simi Valley, CA125,76817170.8%
      Casa Conejo, CA3,18417474.2%
      Moorpark, CA36,44317676.0%
      Thousand Oaks, CA127,64818787.3%
      Agoura Hills, CA20,269200100.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Tukwila, WA20,26512827.8%
      Rolla, MO20,2738911.1%
      American Canyon, CA20,25616161.1%
      Rosamond, CA20,25511615.6%
      Columbia Heights, MN20,247991.3%
      Agoura Hills, CA20,269200100.1%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.