Running Springs, CA Cost Of Living

Running Springs 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.
Index	Running Springs	California	National
Cost of living index	111	138	100
Index	Running Springs	California	National
Goods & Services index	108	110	100
Groceries index	114	115	100
Health care index	105	109	100
Housing index	109	196	100
Transportation index	132	125	100
Utilities index	103	114	100

An overview of the general cost of living index for Running Springs, CA is displayed above for your reference. Residents in Running Springs, CA enjoy a cost of living index of 111. This index is 20% lower than the California average, and 11% 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 Running Springs, CA, the average cost of goods and services is 1% lower than it is in California, and it is 8% higher than the national average.

Did you know?

The cost of living in Running Springs is 20% lower than the California average.
The cost of living in Running Springs is 11% higher than the national average.
The cost of housing in Running Springs 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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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Use the salary calculator to compare your current income in Running Springs, CA to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Running Springs, CA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Running Springs, CA salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

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 indicated accurately 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 ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Running Springs, CA 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 should have a maximum of $873 used for their rent related monthly costs.

California Sales Tax

State	General Sales Tax	With Max Surtax
California	7.25%	10.25%

California Income Tax

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

When you are determining the total cost of living in Running Springs, CA you will want to make sure you consider both the California sales tax and the California income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in California is 7.25%, with the highest surtax being 10.25%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in California have a range from 1% to 13.3%.

Goods & Services

Item	Running Springs	National avg.	Difference
Haircut	$20.43	$16.09	27.0%
Beauty Salon	$60.87	$37.33	63.0%
Toothpaste	$2.55	$2.45	4.2%
Shampoo	$1.29	$1.00	28.9%
Movie	$13.65	$10.28	32.8%
Bowling	$6.68	$4.93	35.5%

Groceries

Item	Running Springs	National avg.	Difference
Ground Beef	$4.49	$3.80	18.0%
Fried Chicken	$1.04	$1.40	25.8%
Milk	$2.23	$2.01	10.9%
Potatoes	$2.77	$3.01	8.1%
Pizza	$10.99	$9.89	11.2%
Beer	$9.88	$8.90	11.0%

Health Care

Item	Running Springs	National avg.	Difference
Optometrist	$101.17	$102.16	1.0%
Doctor	$96.00	$108.36	11.4%
Dentist	$106.60	$92.53	15.2%
Ibuprofen	$12.77	$9.28	37.6%
Lipitor	$409.56	$425.82	3.8%

Housing

Item	Running Springs	National avg.	Difference
Home Price	$188,200.00	$184,700.00	1.9%
Avg. Mortgage Payment	$3,375.06	$1,202.44	180.7%
Apartment Rent	$1,190.00	$949.00	25.4%

Transportation

Item	Running Springs	National avg.	Difference
Gasoline	$3.03	$2.24	34.9%
Tire Balancing	$59.13	$46.29	27.7%

Utilities

Item	Running Springs	National avg.	Difference
All Electricity	$190.81	$165.96	15.0%
Phone	$25.97	$28.68	9.5%

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	108	8%
Hesperia, CA	92,664	108	8%
Colton, CA	53,856	110	10%
Running Springs, CA	4,624	111	11%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Barnwell, SC	4,623	86	-14%
Jonesboro, LA	4,623	79	-21%
Dacono, CO	4,623	96	-4%
San Castle, FL	4,622	93	-7%
Lemoyne, PA	4,627	97	-3%
Running Springs, CA	4,624	111	11%

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

Running Springs, CA Cost of Living