Country Club cost of living index

The above illustration supplies generalized information for the Country Club, CA cost of living index. Compared to other cities in California and cities across the country, the cost of living index in Country Club, CA is 102, which is 26% lower than the California average and 2% 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 Country Club, CA are 6% lower than the average for California and 4% higher than the rest of the country.

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Salary Calculator

The salary calculator allows you to compare how much your current salary in Country Club, 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 Country Club, CA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Country Club, 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 Country Club, 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 Country Club, CA homeowners, the median income is $52,241. This indicates that a monthly maximum of $1,219 should be spent by homeowners on all housing related costs. Renters have a median income of $33,450. This indicates that renters should have a maximum of $780 used for their rent related monthly costs.

California Sales Tax

California Income Tax

When you are determining the total cost of living in Country Club, CA you will want to make sure you consider both the California sales tax and the California income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in California is 7.25%, with the highest surtax being 10.25%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in California have a 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.

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