Piedmont 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.
IndexPiedmontCaliforniaNational
Cost of living index290138100
IndexPiedmontCaliforniaNational
Goods & Services index122110100
Groceries index126115100
Health care index123109100
Housing index679196100
Transportation index130125100
Utilities index114114100
A general overview of the cost of living index for Piedmont, CA is displayed above. In Piedmont, CA, the overall cost of living index is 290, which is 109% higher than the California average and 190% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Piedmont, CA, the city's goods and services are 11% higher than the California average and 22% higher than the U.S. average.

Did you know?

  • The cost of living in Piedmont is 109% higher than the California average.
  • The cost of living in Piedmont is 190% higher than the national average.
  • The cost of housing in Piedmont is 579% higher 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.

Find Real Estate Listings In Piedmont

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Piedmont

Compare Piedmont, CA Cost of living To Other Cities

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
The salary calculator is meant to help you compare your salary in Piedmont, CA to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Piedmont, CA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Piedmont, CA salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$212,946$17,746$4,968$6,389
Renters$122,857$10,238$2,866$3,686
If you want to find a good determining factor for the cost of living and the general affordability of housing in Piedmont, CA, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Piedmont, CA, the median monthly income is $212,946 for those who own their own homes. Under the standard rule, that income level would allow for $4,968 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $122,857, per the median income in the area. That would allow for renters to spend up to $2,866 on monthly rental expenses.

California Sales Tax

StateGeneral Sales TaxWith Max Surtax
California7.25%10.25%

California Income Tax

StateIncome Tax (Low)Income Tax (High)
California1%13.3%
For those who live in Piedmont, CA and want to know what the true cost of living is, they ought to look at both the California income tax rate and the California sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In California, the sales tax is 7.25%, while the most you'll pay in surtax is 10.25%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in California, the income tax rate ranges between 1% to 13.3%.

Goods & Services

ItemPiedmontNational avg.Difference
Haircut $21.86$16.0935.9%
Beauty Salon $69.62$37.3386.5%
Toothpaste $3.23$2.4532.0%
Shampoo $1.20$1.0019.6%
Movie $11.67$10.2813.6%
Bowling $6.78$4.9337.4%

Groceries

ItemPiedmontNational avg.Difference
Ground Beef $4.25$3.8011.8%
Fried Chicken $1.51$1.408.1%
Milk $2.74$2.0136.6%
Potatoes $3.56$3.0118.1%
Pizza $12.11$9.8922.5%
Beer $9.55$8.907.3%

Health Care

ItemPiedmontNational avg.Difference
Optometrist $120.71$102.1618.2%
Doctor $138.93$108.3628.2%
Dentist $122.57$92.5332.5%
Ibuprofen $11.92$9.2828.4%
Lipitor $416.12$425.822.3%

Housing

ItemPiedmontNational avg.Difference
Home Price $1,572,700.00$184,700.00751.5%
Avg. Mortgage Payment $2,702.60$1,202.44124.8%
Apartment Rent $2,636.00$949.00177.8%

Transportation

ItemPiedmontNational avg.Difference
Gasoline $2.93$2.2430.3%
Tire Balancing $60.44$46.2930.6%

Utilities

ItemPiedmontNational avg.Difference
All Electricity$230.24$165.9638.7%
Phone $24.33$28.6815.2%
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.
North Gate, CA46512323%
Bay Point, CA23,13112020%
Rollingwood, CA3,23112121%
San Pablo, CA29,99112222%
Montalvin Manor, CA3,17412323%
Piedmont, CA11,201290190%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Kalaoa, HI11,19816969%
Springdale, OH11,20592-8%
Elwood, NY11,19715858%
Tarboro, NC11,20688-12%
Lake Grove, NY11,20614242%
Piedmont, CA11,201290190%
Source: The Piedmont, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.