Fairbanks Ranch, California Cost Of Living

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F

Overall 305%

Goods & Services 8%

Housing 983%

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; 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	Fairbanks Ranch	California	National
Cost of living	405	140	100
Goods & Services	108	111	100
Groceries	116	118	100
Health care	110	113	100
Housing	1,083	196	100
Transportation	130	128	100
Utilities	119	118	100

Key findings

The cost of living in Fairbanks Ranch is 189% higher than the California average
The cost of living in Fairbanks Ranch is 305% higher than the national average
Fairbanks Ranch housing is 983% higher than the national average
California general sales tax is 42% higher than the national average
California state income tax is 59% lower than the national average

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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	$133,458	$11,122	$3,114	$4,004
Renters	$0	$0	$0	$0

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	Fairbanks Ranch	National avg.	Difference
Haircut	$20.80	$17.49	18.9%
Beauty Salon	$61.25	$38.17	60.5%
Toothpaste	$2.49	$2.32	7.3%
Shampoo	$1.39	$1.01	37.4%
Movie	$14.12	$10.72	31.7%
Bowling	$20.67	$13.86	49.1%

Groceries

Item	Fairbanks Ranch	National avg.	Difference
Ground Beef	$3.32	$3.90	14.9%
Fried Chicken	$1.79	$1.40	28.2%
Milk	$2.19	$1.96	11.6%
Potatoes	$2.99	$3.18	6.1%
Pizza	$10.99	$10.39	5.7%
Beer	$9.66	$9.23	4.7%

Health Care

Item	Fairbanks Ranch	National avg.	Difference
Optometrist	$114.50	$106.34	7.7%
Doctor	$131.25	$115.25	13.9%
Dentist	$104.00	$98.38	5.7%
Ibuprofen	$12.32	$9.26	33.0%
Lipitor	$483.87	$466.47	3.7%

Housing

Item	Fairbanks Ranch	National avg.	Difference
Home Price	$2,000,001.00	$184,700.00	982.8%
Avg. Mortgage Payment	$2,842.85	$1,273.32	123.3%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Fairbanks Ranch	National avg.	Difference
Gasoline	$3.79	$2.59	46.2%
Tire Balancing	$52.00	$48.90	6.4%

Utilities

Item	Fairbanks Ranch	National avg.	Difference
All Electricity	$230.87	$167.60	37.7%
Phone	$173.40	$163.42	6.1%

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, State	Population	Cost of Living Index	National Avg.
Bostonia, CA	16,295	123	23%
El Cajon, CA	102,894	133	33%
Escondido, CA	149,912	134	34%
Santee, CA	56,839	135	35%
Vista, CA	98,560	137	37%
Fairbanks Ranch, CA	2,864	405	305%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Windsor, MO	2,865	85	-15%
East Norwich, NY	2,865	181	81%
Enochville, NC	2,865	88	-12%
Seven Fields, PA	2,865	118	18%
Floydada, TX	2,863	76	-24%
Fairbanks Ranch, CA	2,864	405	305%

Source: The Fairbanks Ranch, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.

Fairbanks Ranch, CA Cost of Living

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