Cost Of Living in Lake Sherwood, CA

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F

242%

Overall NAT. AVG.

16%

Goods & Services NAT. AVG.

769%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; 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	Lake Sherwood	California	National
Cost of living	342	140	100
Goods & Services	116	111	100
Groceries	112	112	100
Health care	108	109	100
Housing	869	196	100
Transportation	124	126	100
Utilities	112	127	100

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Cost Of Living Quick Facts

The cost of living in Lake Sherwood is 145% higher than the California average
The cost of living in Lake Sherwood is 242% higher than the national average
Lake Sherwood housing is 769% higher than the national average
California general sales tax is 42% higher than the national average
California state income tax is 61% 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	$250,001	$20,833	$5,833	$7,501
Renters	$154,643	$12,887	$3,608	$4,640

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	Lake Sherwood	National avg.	Difference
Haircut	$24.67	$24.26	1.7%
Beauty Salon	$49.33	$45.56	8.3%
Toothpaste	$3.76	$3.70	1.5%
Shampoo	$1.41	$1.28	9.8%
Movie	$13.46	$12.13	11.0%
Bowling	$19.07	$18.00	6.0%

Groceries

Item	Lake Sherwood	National avg.	Difference
Ground Beef	$6.26	$5.84	7.2%
Fried Chicken	$2.08	$1.57	32.2%
Milk	$4.76	$4.67	1.9%
Potatoes	$4.94	$4.93	0.2%
Pizza	$16.13	$12.09	33.5%
Beer	$9.60	$10.41	7.8%

Health Care

Item	Lake Sherwood	National avg.	Difference
Optometrist	$129.09	$125.68	2.7%
Doctor	$119.86	$135.78	11.7%
Dentist	$108.07	$113.29	4.6%
Ibuprofen	$10.36	$10.65	2.7%
Lipitor	$505.41	$468.60	7.9%

Housing

Item	Lake Sherwood	National avg.	Difference
Home Price	$2,000,001.00	$184,700.00	982.8%
Avg. Mortgage Payment	$2,799.02	$2,346.69	19.3%
Apartment Rent	$3,501.00	$949.00	268.9%

Transportation

Item	Lake Sherwood	National avg.	Difference
Gasoline	$4.47	$3.46	29.3%
Tire Balancing	$58.33	$59.92	2.6%

Utilities

Item	Lake Sherwood	National avg.	Difference
All Electricity	$326.49	$193.99	68.3%
Phone	$182.78	$192.25	4.9%

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	Population	Cost of Living Index	National Avg.
Saticoy, CA	1,739	140	40.4%
Santa Susana, CA	924	168	68.0%
Simi Valley, CA	125,768	171	70.8%
Camarillo, CA	68,583	172	71.8%
Casa Conejo, CA	3,184	174	74.2%
Lake Sherwood, CA	1,697	342	241.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Essex, MA	1,697	152	51.7%
Sainte-Marcelline-de-Kildare, QC	1,697	n/a
Lamar, AR	1,696	76	23.8%
Barry, IL	1,698	79	21.3%
Aberdeen, IN	1,698	126	25.7%
Lake Sherwood, CA	1,697	342	241.5%