An overview of the general cost of living index for Pismo Beach, CA is displayed above for your reference. Residents in Pismo Beach, CA enjoy a cost of living index of 164. This index is 18% higher than the California average, and 64% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Pismo Beach, CA, the average cost of goods and services is 6% lower than it is in California, and it is 3% higher than the national average.