F
Overall 245%
Goods & Services 30%
Housing 750%
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.
IndexLoyolaCaliforniaNational
Cost of living345140100
Goods & Services130111100
Groceries126118100
Health care127113100
Housing850196100
Transportation137128100
Utilities121118100

Key findings

  • The cost of living in Loyola is 146% higher than the California average
  • The cost of living in Loyola is 245% higher than the national average
  • Loyola housing is 750% 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

Most Affordable Places to Live in and Around Loyola

See all the best places to live around Loyola

Compare Loyola, CA Cost of Living

      vs
      How would you rate the cost of living in Loyola?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Loyola?
      Write a review to give others more information about this area.
      See all Loyola poll results

      Salary Calculator

      This is how much you would need to earn in
      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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$210,147$17,512$4,903$6,305
      Renters$155,208$12,934$3,621$4,657
      The affordability of the housing market in Loyola, CA as well as the overall cost of living can be predicted 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 be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Loyola homeowners, the median income is $210,147. This indicates that a monthly maximum of $4,903 should be spent by homeowners on all housing related costs. Renters have a median income of $155,208. This indicates that renters would have a maximum of $3,621 for their rent related monthly costs.

      California Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      California7.25%10.5%

      California Income Tax

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

      Goods & Services

      ItemLoyolaNational avg.Difference
      Haircut $19.71$17.4912.7%
      Beauty Salon $67.86$38.1777.8%
      Toothpaste $2.93$2.3226.2%
      Shampoo $1.33$1.0131.4%
      Movie $12.11$10.7212.9%
      Bowling $19.83$13.8643.1%

      Groceries

      ItemLoyolaNational avg.Difference
      Ground Beef $3.71$3.904.9%
      Fried Chicken $1.35$1.403.3%
      Milk $2.39$1.9621.8%
      Potatoes $2.66$3.1816.4%
      Pizza $13.70$10.3931.8%
      Beer $10.49$9.2313.7%

      Health Care

      ItemLoyolaNational avg.Difference
      Optometrist $136.71$106.3428.6%
      Doctor $150.71$115.2530.8%
      Dentist $139.14$98.3841.4%
      Ibuprofen $11.99$9.2629.5%
      Lipitor $442.32$466.475.2%

      Housing

      ItemLoyolaNational avg.Difference
      Home Price $2,000,001.00$184,700.00982.8%
      Avg. Mortgage Payment $3,196.29$1,273.32151.0%
      Apartment Rent $2,917.00$949.00207.4%

      Transportation

      ItemLoyolaNational avg.Difference
      Gasoline $3.79$2.5946.2%
      Tire Balancing $61.00$48.9024.8%

      Utilities

      ItemLoyolaNational avg.Difference
      All Electricity$228.47$167.6036.3%
      Phone $184.65$163.4213.0%
      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.
      Loma Mar, CA15013333%
      Mountain View CDP, CA2,58513838%
      Boulder Creek, CA4,44215757%
      East Palo Alto, CA29,35316363%
      Newark, CA44,67716969%
      Loyola, CA3,425345245%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Prince Frederick, MD3,42511717%
      Port St. Joe, FL3,42494-6%
      Scissors, TX3,42771-29%
      Story City, IA3,42393-7%
      Pine Lawn, MO3,42383-17%
      Loyola, CA3,425345245%
      Source: The Loyola, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.