| Index | Maywood | California | National |
| Cost of living | 140 | 141 | 100 |
| Groceries | 107 | 111 | 100 |
| Health care | 115 | 116 | 100 |
| Housing | 202 | 197 | 100 |
| Transportation | 113 | 118 | 100 |
| Utilities | 116 | 119 | 100 |
| Lifestyle & Entertainment | 120 | 120 | 100 |
| Household Items | 111 | 111 | 100 |
| Education & Childcare | 120 | 127 | 100 |
Getting a feel for the cost of living in Maywood is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Maywood is 140, which is 40% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
If you value affordability in your search for a new place to live, Maywood may not be the most suitable option, as it stands out as one of the priciest areas in the entire United States. Only a small fraction of regions have a cost of living that is more than 20% higher than the national average, and regrettably, Maywood falls into this category, which may not align with your desire for an affordable place to call home.
Housing costs significantly influence the Maywood cost of living index, typically accounting for a substantial portion of one's post-tax income. Regrettably, within this particular region, expenses related to both residential ownership and renting exceeded those observed in an average city by 101.8%. This entails elements such as housing and rental prices, mortgage interest rates and insurance costs.
Recurring household expenses such as cleaning supplies, laundry detergent, toiletries, and kitchen basics are a steady part of monthly spending and make up 8% of the cost of living index. In Maywood, these everyday items will cost you 10.9% more than average, making it a slightly more expensive place to call home.
Is Maywood affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Maywood, the median home price is 137.5% higher than the national average and monthly rent prices are 18.6% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Maywood boasting a median household income of $76,695, 5.7% lower than the national average.
Urbanization: Larger, urban hubs brimming with ample amenities and robust employment opportunities often showcase a heightened cost of living. This surge is primarily attributed to the amplified demand for services and increased residential migration, culminating in elevated home prices and elevated rental rates. Conversely, less densely populated rural locales or regions characterized by reduced demand tend to offer a more limited array of amenities and undergo slower job market growth, ultimately yielding a more affordable cost of living.
Transportation: When public transportation options are limited or non-existent, residents frequently resort to vehicle ownership, which can significantly contribute to the overall cost of living. Monthly financial obligations encompass fuel, insurance, regular maintenance and potentially lease or financing expenses. In Maywood, the transportation index is 13.3% higher than the national average.
Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In Maywood, the groceries index registers 7.3% higher than the national average.
The Maywood cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
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| Groceries index | |
| Health care index | |
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $115,242 | $9,604 | $2,689 | $3,458 |
| Renters | $57,557 | $4,796 | $1,343 | $1,727 |
| State | General Sales Tax | With Max Surtax |
| California | 7.25% | 10.5% |
| State | Income Tax (Low) | Income Tax (High) |
| California | 1% | 13.3% |
| City | Population | Cost of Living Index | National Avg. |
| Vernon, CA | 254 | 117 | 16.8% |
| Willowbrook, CA | 25,347 | 136 | 36.0% |
| East Rancho Dominguez, CA | 15,765 | 136 | 36.3% |
| Florence-Graham, CA | 66,603 | 138 | 38.2% |
| Compton, CA | 98,731 | 139 | 38.7% |
| Maywood, CA | 27,798 | 140 | 40.2% |
| City | Population | Cost of Living Index | National Avg. |
| Thomasville, NC | 27,805 | 89 | 11.0% |
| Allen Park, MI | 27,807 | 93 | 6.5% |
| Boisbriand, QC | 27,813 | n/a | |
| Mason City, IA | 27,815 | 87 | 13.2% |
| Shoreview, MN | 27,771 | 115 | 14.9% |
| Maywood, CA | 27,798 | 140 | 40.2% |
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