Overall 117%
Goods & Services 15%
Housing 354%
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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.
IndexRancho Palos VerdesCaliforniaNational
Cost of living217140100
Goods & Services115109100
Health care111109100

Key findings

  • The cost of living in Rancho Palos Verdes is 55% higher than the California average
  • The cost of living in Rancho Palos Verdes is 117% higher than the national average
  • Rancho Palos Verdes housing is 354% 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

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Compare Rancho Palos Verdes, CA Cost of Living

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      Salary Calculator

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      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)
      A good way to judge both the affordability of the housing and the cost of living in Rancho Palos Verdes is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Rancho Palos Verdes has a median income of about $135,257 for people who own homes. Based on that number, a maximum of $3,156 should be spent on expenses related to housing. Renters have a slightly different median income, which is $84,485. Based on this average, renters should spend no more than $1,971 on all rental costs if they want to maintain a non-impoverished standard of living.

      California Sales Tax

      StateGeneral Sales TaxWith Max Surtax

      California Income Tax

      StateIncome Tax (Low)Income Tax (High)

      Goods & Services

      ItemRancho Palos VerdesNational avg.Difference
      Haircut $25.92$20.2727.8%
      Beauty Salon $85.33$40.39111.2%
      Toothpaste $2.23$2.365.6%
      Shampoo $1.33$1.0823.3%
      Movie $17.40$10.9958.4%
      Bowling $22.00$15.4942.0%


      ItemRancho Palos VerdesNational avg.Difference
      Ground Beef $4.41$4.302.5%
      Fried Chicken $1.79$1.4028.2%
      Milk $2.30$2.204.4%
      Potatoes $2.99$3.227.1%
      Pizza $11.99$10.7411.6%
      Beer $9.93$9.603.5%

      Health Care

      ItemRancho Palos VerdesNational avg.Difference
      Optometrist $123.18$109.7312.3%
      Doctor $126.33$118.346.8%
      Dentist $115.69$100.9414.6%
      Ibuprofen $11.49$9.9315.7%
      Lipitor $489.74$469.534.3%


      ItemRancho Palos VerdesNational avg.Difference
      Home Price $1,003,300.00$184,700.00443.2%
      Avg. Mortgage Payment $2,848.42$1,229.62131.7%
      Apartment Rent $2,348.00$949.00147.4%


      ItemRancho Palos VerdesNational avg.Difference
      Gasoline $3.91$2.7144.2%
      Tire Balancing $51.87$51.860.0%


      ItemRancho Palos VerdesNational avg.Difference
      All Electricity$191.63$170.8412.2%
      Phone $187.64$187.180.2%
      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

      CityPopulationCost of Living IndexNational Avg.
      Willowbrook, CA22,03511919.2%
      Florence-Graham, CA63,39012120.5%
      Compton, CA97,74012120.9%
      East Rancho Dominguez, CA15,88712222.5%
      West Rancho Dominguez, CA22,72412423.6%
      Rancho Palos Verdes, CA42,412217116.6%

      Cities with similar population

      CityPopulationCost of Living IndexNational Avg.
      Oro Valley, AZ42,37911514.5%
      Danville, VA42,3608515.3%
      Bentonville, AR42,499945.8%
      Burke, VA42,29015453.5%
      Burlington, VT42,55611616.1%
      Rancho Palos Verdes, CA42,412217116.6%
      Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.