Gilroy, CA Cost Of Living

Gilroy cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	Gilroy	California	National
Cost of living index	150	138	100
Index	Gilroy	California	National
Goods & Services index	103	110	100
Groceries index	104	115	100
Health care index	107	109	100
Housing index	248	196	100
Transportation index	115	125	100
Utilities index	124	114	100

Here we can see a simple outline of the cost of living in Gilroy, CA. As you can see, with the average cost of living in Gilroy, CA being 150, that puts it 9% higher than the average of California and 50% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Gilroy, CA, the price of goods and services are 7% lower than the average of California as well as 3% higher than the nation's average.

Did you know?

The cost of living in Gilroy is 9% higher than the California average.
The cost of living in Gilroy is 50% higher than the national average.
The cost of housing in Gilroy is 148% higher than the national average.
California general sales tax is 42% higher than the national average.
California state income tax is 55% 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

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

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$120,522	$10,044	$2,812	$3,616
Renters	$42,570	$3,548	$993	$1,277

The affordability of the housing market in Gilroy, 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 Gilroy, CA homeowners, the median income is $120,522. This indicates that a monthly maximum of $2,812 should be spent by homeowners on all housing related costs. Renters have a median income of $42,570. This indicates that renters should have a maximum of $993 used for their rent related monthly costs.

California Sales Tax

State	General Sales Tax	With Max Surtax
California	7.25%	10.25%

California Income Tax

State	Income Tax (Low)	Income Tax (High)
California	1%	13.3%

When considering the overall cost of living expenses in Gilroy, CA, it's important to take into account the sales tax for California, as well as the rate for income tax in California. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for California is 10.25%, and the sales tax in the state of California is 7.25%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in California starts from 1% and goes up to 13.3%.

Goods & Services

Item	Gilroy	National avg.	Difference
Haircut	$18.14	$16.09	12.8%
Beauty Salon	$41.10	$37.33	10.1%
Toothpaste	$4.95	$2.45	102.1%
Shampoo	$1.17	$1.00	16.8%
Movie	$10.60	$10.28	3.1%
Bowling	$6.04	$4.93	22.5%

Groceries

Item	Gilroy	National avg.	Difference
Ground Beef	$3.88	$3.80	2.1%
Fried Chicken	$1.25	$1.40	10.6%
Milk	$2.37	$2.01	18.1%
Potatoes	$2.63	$3.01	12.6%
Pizza	$13.59	$9.89	37.5%
Beer	$9.01	$8.90	1.3%

Health Care

Item	Gilroy	National avg.	Difference
Optometrist	$129.44	$102.16	26.7%
Doctor	$102.53	$108.36	5.4%
Dentist	$108.32	$92.53	17.1%
Ibuprofen	$10.13	$9.28	9.1%
Lipitor	$418.44	$425.82	1.7%

Housing

Item	Gilroy	National avg.	Difference
Home Price	$528,700.00	$184,700.00	186.2%
Avg. Mortgage Payment	$1,330.75	$1,202.44	10.7%
Apartment Rent	$1,521.00	$949.00	60.3%

Transportation

Item	Gilroy	National avg.	Difference
Gasoline	$2.76	$2.24	23.1%
Tire Balancing	$46.11	$46.29	0.4%

Utilities

Item	Gilroy	National avg.	Difference
All Electricity	$259.33	$165.96	56.3%
Phone	$24.98	$28.68	12.9%

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.
Moss Landing, CA	118	108	8%
Pajaro, CA	3,524	115	15%
Amesti, CA	3,205	126	26%
Watsonville, CA	52,915	129	29%
Hollister, CA	36,901	130	30%
Gilroy, CA	52,576	150	50%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Burlington, NC	52,570	87	-13%
Delano, CA	52,538	104	4%
Levittown, PA	52,407	115	15%
West New York, NJ	52,407	145	45%
Elkhart, IN	52,378	87	-13%
Gilroy, CA	52,576	150	50%

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

Gilroy, CA Cost of Living