Cherryland cost of living index

The above illustration supplies generalized information for the Cherryland, CA cost of living index. Compared to other cities in California and cities across the country, the cost of living index in Cherryland, CA is 136, which is 1% lower than the California average and 36% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Cherryland, CA are 11% higher than the average for California and 22% higher than the rest of the country.

Find Real Estate Listings In Cherryland

New Real Estate Listings In Cherryland

Real Estate Listings In Cherryland

The best places in California

Salary Calculator

The salary calculator allows you to compare how much your current salary in Cherryland, 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 Cherryland, CA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Cherryland, 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

The affordability of the housing market in Cherryland, 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 Cherryland, CA homeowners, the median income is $69,148. This indicates that a monthly maximum of $1,613 should be spent by homeowners on all housing related costs. Renters have a median income of $44,301. This indicates that renters should have a maximum of $1,034 used for their rent related monthly costs.

California Sales Tax

California Income Tax

The California sales tax and California income tax rates should definitely be considered when determining the overall cost of living in Cherryland, CA. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The California sales tax is 7.25% and the maximum surtax is 10.25%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The California income tax rates range from 1% to 13.3%.

Goods & Services

Groceries

Health Care

Housing

Transportation

Utilities

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

Cities with similar population

Source: The Cherryland, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.