Pleasure Point cost of living index

Here we can see a simple outline of the cost of living in Pleasure Point, CA. As you can see, with the average cost of living in Pleasure Point, CA being 185, that puts it 34% higher than the average of California and 85% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Pleasure Point, CA, the price of goods and services are 11% higher than the average of California as well as 22% higher than the nation's average.

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Salary Calculator

The salary calculator allows you to compare how much your current salary in Pleasure Point, CA would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Pleasure Point, CA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Pleasure Point, CA salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

How much of your monthly income goes to housing can tell you whether or not you can afford housing in Pleasure Point, CA, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Pleasure Point, CA homeowners have a median income of $81,480. Using that number, you will come up with a maximum of $1,901 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $48,783, which means there is a maximum of $1,138 to be spent on the costs of renting a home or apartment.

California Sales Tax

California Income Tax

For those who live in Pleasure Point, 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

Groceries

Health Care

Housing

Transportation

Utilities

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.

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Source: The Pleasure Point, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.