Running Springs, CA Cost Of Living

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Running Springs cost of living index

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.

The 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. The breakdown for each index is as follows: goods and services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Running Springs	California	National
Cost of living	110	140	100
Index	Running Springs	California	National
Goods & Services	110	111	100
Groceries	116	118	100
Health care	109	113	100
Housing	109	196	100
Transportation	130	128	100
Utilities	90	118	100

Key findings

The cost of living in Running Springs is 21% lower than the California average
The cost of living in Running Springs is 10% higher than the national average
Running Springs housing is 9% 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

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Goods & Services index
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Health care index
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Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$69,660	$5,805	$1,625	$2,090
Renters	$37,414	$3,118	$873	$1,123

The affordability of the housing market in Running Springs, CA as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Running Springs homeowners, the median income is $69,660. This indicates that a monthly maximum of $1,625 should be spent by homeowners on all housing related costs. Renters have a median income of $37,414. This indicates that renters would have a maximum of $873 for their rent related monthly costs.

California Sales Tax

State	General Sales Tax	With Max Surtax
California	7.25%	10.5%

California Income Tax

State	Income Tax (Low)	Income Tax (High)
California	1%	13.3%

Goods & Services

Item	Running Springs	National avg.	Difference
Haircut	$21.80	$17.49	24.6%
Beauty Salon	$65.00	$38.17	70.3%
Toothpaste	$2.19	$2.32	5.6%
Shampoo	$1.32	$1.01	30.4%
Movie	$14.42	$10.72	34.5%
Bowling	$23.33	$13.86	68.3%

Groceries

Item	Running Springs	National avg.	Difference
Ground Beef	$3.32	$3.90	14.9%
Fried Chicken	$1.79	$1.40	28.2%
Milk	$2.19	$1.96	11.6%
Potatoes	$3.09	$3.18	2.9%
Pizza	$10.99	$10.39	5.7%
Beer	$9.66	$9.23	4.7%

Health Care

Item	Running Springs	National avg.	Difference
Optometrist	$96.75	$106.34	9.0%
Doctor	$123.33	$115.25	7.0%
Dentist	$112.40	$98.38	14.2%
Ibuprofen	$11.99	$9.26	29.5%
Lipitor	$483.87	$466.47	3.7%

Housing

Item	Running Springs	National avg.	Difference
Home Price	$188,200.00	$184,700.00	1.9%
Avg. Mortgage Payment	$3,485.71	$1,273.32	173.8%
Apartment Rent	$1,190.00	$949.00	25.4%

Transportation

Item	Running Springs	National avg.	Difference
Gasoline	$3.81	$2.59	47.0%
Tire Balancing	$51.00	$48.90	4.3%

Utilities

Item	Running Springs	National avg.	Difference
All Electricity	$142.30	$167.60	15.1%
Phone	$173.40	$163.42	6.1%

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, State	Population	Cost of Living Index	National Avg.
San Bernardino, CA	214,581	107	7%
Muscoy, CA	13,025	107	7%
Crestline, CA	8,900	107	7%
Hesperia, CA	92,664	107	7%
Colton, CA	53,856	109	9%
Running Springs, CA	4,624	110	10%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Dacono, CO	4,623	96	-4%
Barnwell, SC	4,623	86	-14%
Jonesboro, LA	4,623	75	-25%
San Castle, FL	4,622	91	-9%
Lemoyne, PA	4,627	97	-3%
Running Springs, CA	4,624	110	10%