Lake of the Woods 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.
IndexLake of the WoodsCaliforniaNational
Cost of living index95138100
IndexLake of the WoodsCaliforniaNational
Goods & Services index103110100
Groceries index111115100
Health care index106109100
Housing index58196100
Transportation index117125100
Utilities index136114100

Did you know?

  • The cost of living in Lake of the Woods is 31% lower than the California average.
  • The cost of living in Lake of the Woods is 5% lower than the national average.
  • The cost of housing in Lake of the Woods is 42% lower 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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Compare Lake of the Woods, CA Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$77,750$6,479$1,814$2,333
Renters$37,813$3,151$882$1,135

California Sales Tax

StateGeneral Sales TaxWith Max Surtax
California7.25%10.25%

California Income Tax

StateIncome Tax (Low)Income Tax (High)
California1%13.3%

Goods & Services

ItemLake of the WoodsNational avg.Difference
Haircut $16.23$16.090.9%
Beauty Salon $57.60$37.3354.3%
Toothpaste $3.06$2.4525.1%
Shampoo $1.17$1.0017.4%
Movie $9.89$10.283.8%
Bowling $6.41$4.9330.0%

Groceries

ItemLake of the WoodsNational avg.Difference
Ground Beef $4.23$3.8011.2%
Fried Chicken $1.31$1.406.3%
Milk $2.25$2.0112.0%
Potatoes $3.68$3.0122.1%
Pizza $8.48$9.8914.2%
Beer $8.70$8.902.2%

Health Care

ItemLake of the WoodsNational avg.Difference
Optometrist $77.73$102.1623.9%
Doctor $121.87$108.3612.5%
Dentist $94.21$92.531.8%
Ibuprofen $12.09$9.2830.3%
Lipitor $424.78$425.820.2%

Housing

ItemLake of the WoodsNational avg.Difference
Home Price $68,600.00$184,700.0062.9%
Avg. Mortgage Payment $1,131.97$1,202.445.9%
Apartment Rent $1,000.00$949.005.4%

Transportation

ItemLake of the WoodsNational avg.Difference
Gasoline $2.82$2.2425.5%
Tire Balancing $46.79$46.291.1%

Utilities

ItemLake of the WoodsNational avg.Difference
All Electricity$285.86$165.9672.2%
Phone $26.82$28.686.5%
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, StatePopulationCost of Living IndexNational Avg.
Frazier Park, CA2,3591044%
Pine Mountain Club, CA1,7161099%
Lebec, CA1,37911111%
Lake of the Woods, CA65695-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Reliance, WY65698-2%
Cohassett Beach, WA6561066%
Hoboken, GA65683-17%
Clarktown, OH65681-19%
Parker, PA65687-13%
Lake of the Woods, CA65695-5%
Source: The Lake of the Woods, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.