Lamont, CA Cost Of Living

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Lamont 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	Lamont	California	National
Cost of living index	101	140	100
Index	Lamont	California	National
Goods & Services index	110	111	100
Groceries index	110	118	100
Health care index	107	113	100
Housing index	64	196	100
Transportation index	123	128	100
Utilities index	146	118	100

Displayed above is a general overview of the Lamont, CA cost of living index. The overall cost of living index in Lamont, CA is 101, which is 28% lower than the California average and 1% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Lamont, CA are 1% lower than the California average and 10% higher than the national average.

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Did you know?

The cost of living in Lamont is 28% lower than the California average.
The cost of living in Lamont is 1% higher than the national average.
The cost of housing in Lamont is 36% 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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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Use the salary calculator to compare your current salary in Lamont, CA to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Lamont, CA, then you would need to earn more income in order to maintain the same standard of living. To use the Lamont, CA salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete 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	$55,117	$4,593	$1,286	$1,654
Renters	$26,114	$2,176	$609	$783

A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Lamont, CA, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Lamont, CA has a median income of about $55,117 for people who own homes. Based on that number, a person should spend a maximum of $1,286 on expenses related to housing. Renters have a slightly different median income, which is $26,114. Based on this average, renters should spend no more than $609 on all of their rental costs if they want to maintain a non-impoverished standard of living.

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%

The California sales tax and California income tax rates should definitely be considered when determining the overall cost of living in Lamont, CA. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The California sales tax is 7.25% and the maximum surtax is 10.25%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The California income tax rates range from 1% to 13.3%.

Goods & Services

Item	Lamont	National avg.	Difference
Haircut	$18.33	$17.49	4.8%
Beauty Salon	$83.33	$38.17	118.3%
Toothpaste	$3.55	$2.32	53.0%
Shampoo	$1.17	$1.01	15.6%
Movie	$11.72	$10.72	9.3%
Bowling	$11.67	$13.86	15.8%

Groceries

Item	Lamont	National avg.	Difference
Ground Beef	$4.06	$3.90	4.1%
Fried Chicken	$1.97	$1.40	41.1%
Milk	$2.14	$1.96	9.1%
Potatoes	$3.88	$3.18	21.9%
Pizza	$8.99	$10.39	13.5%
Beer	$9.48	$9.23	2.7%

Health Care

Item	Lamont	National avg.	Difference
Optometrist	$108.00	$106.34	1.6%
Doctor	$121.25	$115.25	5.2%
Dentist	$108.33	$98.38	10.1%
Ibuprofen	$10.90	$9.26	17.7%
Lipitor	$483.33	$466.47	3.6%

Housing

Item	Lamont	National avg.	Difference
Home Price	$104,100.00	$184,700.00	43.6%
Avg. Mortgage Payment	$1,214.38	$1,273.32	4.6%
Apartment Rent	$769.00	$949.00	19.0%

Transportation

Item	Lamont	National avg.	Difference
Gasoline	$3.68	$2.59	42.0%
Tire Balancing	$46.67	$48.90	4.6%

Utilities

Item	Lamont	National avg.	Difference
All Electricity	$312.56	$167.60	86.5%
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.
Weedpatch, CA	2,394	96	-4%
Edmundson Acres, CA	333	101	1%
Arvin, CA	20,562	103	3%
Mettler, CA	124	103	3%
Oildale, CA	34,277	105	5%
Lamont, CA	15,439	101	1%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Jamestown, ND	15,441	90	-10%
Eden, NC	15,434	79	-21%
Hanover, PA	15,429	96	-4%
Long Beach, MS	15,450	93	-7%
Roanoke Rapids, NC	15,454	88	-12%
Lamont, CA	15,439	101	1%

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

Lamont, CA Cost of Living