F
24%
Overall NAT. AVG.
8%
Groceries NAT. AVG.
47%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Cherry Valley California National
Cost of living124141100
Groceries108111100
Health care115116100
Housing147197100
Transportation115118100
Utilities119119100
Lifestyle & Entertainment119120100
Household Items108111100
Education & Childcare127127100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Cost Of Living Quick Facts

  • The cost of living in Cherry Valley is 12% lower than the California average
  • The cost of living in Cherry Valley is 24% higher than the national average
  • Cherry Valley housing is 47% 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 Cherry Valley

See all the best places to live around Cherry Valley

Compare Cherry Valley, CA Cost of Living

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

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$121,312$10,109$2,830$3,640
      Renters$59,846$4,987$1,396$1,796
      The affordability of the housing market in Cherry Valley, CA as well as the overall cost of living can be predicted 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 be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Cherry Valley homeowners, the median income is $121,312. This indicates that a monthly maximum of $2,830 should be spent by homeowners on all housing related costs. Renters have a median income of $59,846. This indicates that renters would have a maximum of $1,396 for their rent related monthly 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%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Cabazon, CA2,36011110.9%
      Banning, CA30,94511818.0%
      Calimesa, CA9,44612424.1%
      San Jacinto, CA50,68212221.9%
      Mentone, CA10,47112827.5%
      Cherry Valley, CA8,27812424.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Crete, IL8,2751000.1%
      Bloomingdale, NJ8,27513433.6%
      Bel Aire, KS8,281982.2%
      Boyes Hot Springs, CA8,27316766.5%
      Brentwood, MO8,2831076.9%
      Cherry Valley, CA8,27812424.3%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.