F
64%
Overall NAT. AVG.
16%
Goods & Services NAT. AVG.
178%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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.
Index San Buenaventura (Ventura) California National
Cost of living164140100
Goods & Services116111100
Groceries112112100
Health care108109100
Housing278196100
Transportation124126100
Utilities112127100

An Overview of Cost of Living in San Buenaventura (Ventura), CA

The cost of living in San Buenaventura (Ventura) affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in San Buenaventura (Ventura) is 164, which is 64% higher than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.

The cost of living in San Buenaventura (Ventura) is among the highest in the country, making it a very expensive place to live. Only a small fraction of regions boast a cost of living that is at least 20% higher than the national average, and regrettably, San Buenaventura (Ventura) falls into this category, which may not be suitable for those seeking an economically favorable living environment.

Housing costs are a major factor in the San Buenaventura (Ventura) cost of living index, and they often eat up a big chunk of your take-home pay. Unfortunately, in this area, housing expenses for both homeownership and rentals were 178% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.

Goods and services make up 33% of the total cost of living index score and are a large part of your everyday expenses. These items could include things like haircuts, salons, toothpaste, shampoo, clothes, movies, bowling, gym memberships or yoga. In San Buenaventura (Ventura), you can expect to pay 16.2% more than average for these items, making it a more expensive place to live.

The relentless increase in grocery prices is a noteworthy trend. In the last two years, grocery costs have experienced an upward trajectory of over 10%. Unfortunately, San Buenaventura (Ventura) is no exception, where grocery prices are 12.2% above the national average.

What Do Locals Say About the Cost of Living in San Buenaventura (Ventura)?

The real experts on a city are its residents. That's why we reached out to 13 locals to get their views on the cost of living in San Buenaventura (Ventura). We surveyed the residents and asked them if they felt like prices were affordable or out of reach. The results were as follows. 31% found it budget-friendly with decreasing prices, while 69% said it's simply not affordable as prices have continued to rise.

Is San Buenaventura (Ventura) Affordable?

Is San Buenaventura (Ventura) affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in San Buenaventura (Ventura), the median home price is 221.4% higher than the national average and monthly rent prices are 76.5% higher than the typical rates. Additionally, the median income levels play a role in affordability, with San Buenaventura (Ventura) boasting a median household income of $79,986, 44.6% higher than the national average.

What Factors can Influence the Cost of Living in San Buenaventura (Ventura)?

Transportation: In cities with limited or no public transportation, residents may find it necessary to own and maintain vehicles, thereby elevating the cost of living. Monthly expenditures include fuel, insurance, routine maintenance and potential lease or financing commitments. In San Buenaventura (Ventura), the transportation index stands at 24.3% higher than the national average.

Taxes: Locations with elevated tax rates, encompassing both sales and income taxes, can be a factor in driving up the cost of living. When you're paying more in taxes for everyday goods and services, it naturally translates into higher expenses. Similarly, a higher income tax rate can also contribute to an overall higher cost of living. In San Buenaventura (Ventura), the standard sales tax rate starts at 7.25%, and the income tax rates commence at 1%.

Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In San Buenaventura (Ventura), the housing index is 178% higher than the national average.

Where is the Data From?

The San Buenaventura (Ventura) cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in San Buenaventura (Ventura) is 18% higher than the California average
  • The cost of living in San Buenaventura (Ventura) is 64% higher than the national average
  • San Buenaventura (Ventura) housing is 178% higher than the national average
  • California general sales tax is 42% higher than the national average
  • California state income tax is 61% lower than the national average

Most Affordable Places to Live in and Around San Buenaventura (Ventura)

See all the best places to live around San Buenaventura (Ventura)

Compare San Buenaventura (Ventura), CA Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      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 Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$106,298$8,858$2,480$3,189
      Renters$57,829$4,819$1,349$1,735
      A good way to judge both the affordability of the housing and the cost of living in San Buenaventura (Ventura) 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. San Buenaventura (Ventura) has a median income of about $106,298 for people who own homes. Based on that number, a maximum of $2,480 should be spent on expenses related to housing. Renters have a slightly different median income, which is $57,829. Based on this average, renters should spend no more than $1,349 on all rental costs if they want to maintain a non-impoverished standard of living.

      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 San Buenaventura (Ventura) National avg. Difference
      Haircut $24.67$24.261.7%
      Beauty Salon $49.33$45.568.3%
      Toothpaste $3.76$3.701.5%
      Shampoo $1.41$1.289.8%
      Movie $13.46$12.1311.0%
      Bowling $19.07$18.006.0%

      Groceries

      Item San Buenaventura (Ventura) National avg. Difference
      Ground Beef $6.26$5.847.2%
      Fried Chicken $2.08$1.5732.2%
      Milk $4.76$4.671.9%
      Potatoes $4.94$4.930.2%
      Pizza $16.13$12.0933.5%
      Beer $9.60$10.417.8%

      Health Care

      Item San Buenaventura (Ventura) National avg. Difference
      Optometrist $129.09$125.682.7%
      Doctor $119.86$135.7811.7%
      Dentist $108.07$113.294.6%
      Ibuprofen $10.36$10.652.7%
      Lipitor $505.41$468.607.9%

      Housing

      Item San Buenaventura (Ventura) National avg. Difference
      Home Price $593,700.00$184,700.00221.4%
      Avg. Mortgage Payment $2,799.02$2,346.6919.3%
      Apartment Rent $1,675.00$949.0076.5%

      Transportation

      Item San Buenaventura (Ventura) National avg. Difference
      Gasoline $4.47$3.4629.3%
      Tire Balancing $58.33$59.922.6%

      Utilities

      Item San Buenaventura (Ventura) National avg. Difference
      All Electricity $326.49$193.9968.3%
      Phone $182.78$192.254.9%
      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 Population Cost of Living Index National Avg.
      Saticoy, CA1,73914040.4%
      Santa Paula, CA30,29714242.0%
      Port Hueneme, CA21,97914646.3%
      Oxnard, CA207,72215050.2%
      El Rio, CA6,50615453.5%
      San Buenaventura (Ventura), CA108,46716464.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Sandy Springs, GA108,18013535.5%
      Boulder, CO108,77716968.7%
      Broken Arrow, OK108,875945.8%
      Hillsboro, OR108,02613232.1%
      Red Deer, AB107,873n/a 
      San Buenaventura (Ventura), CA108,46716464.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.