| Index | Calabasas | California | National |
| Cost of living | 239 | 141 | 100 |
| Groceries | 112 | 111 | 100 |
| Health care | 120 | 116 | 100 |
| Housing | 518 | 197 | 100 |
| Transportation | 123 | 118 | 100 |
| Utilities | 122 | 119 | 100 |
| Lifestyle & Entertainment | 125 | 120 | 100 |
| Household Items | 110 | 111 | 100 |
| Education & Childcare | 124 | 127 | 100 |
Knowing the cost of living in Calabasas allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Calabasas stands at 239, marking it 139% higher than the national average.
The cost of living in Calabasas is among the highest in the country, making it a very expensive place to live. Only a small fraction of regions boast a cost of living that is at least 20% higher than the national average, and regrettably, Calabasas falls into this category, which may not be suitable for those seeking an economically favorable living environment.
Housing costs are a very significant part of the Calabasas cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 418.4% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.
Everyday household expenses like cleaning products, laundry detergent, toiletries, and kitchen basics can quickly add up over time and make up 8% of the cost of living index. In Calabasas, you can expect to spend 10.2% more than average on these recurring essentials, which increases your overall monthly cost of living.
The substantial and relentless rise in grocery prices definitely warrants some attention. Over the past two years, grocery expenses have escalated by more than 10%. Having said that, the situation in Calabasas is even less favorable, with grocery prices here being 11.5% higher than the national average.
The most insightful perspective on a city comes from its residents. We recently surveyed 29 locals to gauge their perception of the cost of living in Calabasas. The feedback revealed that 31% of respondents found the cost of living to be reasonable, with prices on the decline, while 69% regarded it as notably expensive with prices that continue to rise.
Is Calabasas an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Calabasas, the median home price is 528.6% higher than what most folks pay across the country, and monthly rent prices are 161.4% higher than the usual rates. Income levels in Calabasas come in at $202,738, which is 149.3% higher than the national average.
Transportation: In situations where public transportation is limited or nonexistent, local residents may be required to own and maintain their own vehicles, contributing to an elevated cost of living. Monthly expenditures may encompass fuel costs, insurance premiums, routine vehicle upkeep and possibly lease or financing payments. In Calabasas, the transportation index is 22.5% higher than the national average.
Healthcare: Healthcare costs and insurance premiums can fluctuate greatly based on the city or state. Access to healthcare facilities, out-of-pocket expenses for doctor\’s visits, dentist costs, medication costs and specialized care costs can all impact the cost of living. In Calabasas, the healthcare costs are 19.8% higher than the national average.
Groceries: Grocery costs have continued to increase significantly over the last 2-3 years. In some markets the cost of food has gone up by more than 20% in that period. While other markets have managed to see only a moderate uptick. These food costs can have a major impact on the cost of living in any area. In Calabasas, the groceries index is 11.5% higher than the national average.
The Calabasas cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $264,545 | $22,045 | $6,172 | $7,937 |
| Renters | $113,319 | $9,443 | $2,644 | $3,400 |
| State | General Sales Tax | With Max Surtax |
| California | 7.25% | 10.5% |
| State | Income Tax (Low) | Income Tax (High) |
| California | 1% | 13.3% |
| City | Population | Cost of Living Index | National Avg. |
| Westside, CA | 218 | 124 | 23.9% |
| San Fernando, CA | 24,761 | 150 | 50.5% |
| Santa Susana, CA | 953 | 172 | 71.8% |
| Simi Valley, CA | 130,307 | 176 | 76.0% |
| Moorpark, CA | 37,262 | 176 | 76.0% |
| Calabasas, CA | 24,363 | 239 | 138.6% |
| City | Population | Cost of Living Index | National Avg. |
| Edgewater, FL | 24,363 | 103 | 2.8% |
| Columbus, MS | 24,360 | 89 | 11.0% |
| Wasaga Beach, ON | 24,372 | n/a | |
| Allendale, MI | 24,346 | 103 | 2.6% |
| Sept-Îles, QC | 24,383 | n/a | |
| Calabasas, CA | 24,363 | 239 | 138.6% |
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