Stevenson Ranch, California Cost Of Living

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F

Overall 68%

Goods & Services 12%

Housing 193%

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. 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	Stevenson Ranch	California	National
Cost of living	168	140	100
Goods & Services	112	111	100
Groceries	116	118	100
Health care	111	113	100
Housing	293	196	100
Transportation	126	128	100
Utilities	107	118	100

Key findings

The cost of living in Stevenson Ranch is 20% higher than the California average
The cost of living in Stevenson Ranch is 68% higher than the national average
Stevenson Ranch housing is 193% 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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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	$152,875	$12,740	$3,567	$4,587
Renters	$71,000	$5,917	$1,657	$2,130

A good indicator of the general affordability of housing in Stevenson Ranch, CA, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Stevenson Ranch, the median monthly income is $152,875 for those who own their own homes. Under the standard rule, that income level would allow for $3,567 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $71,000, per the median income in the area. That would allow for renters to spend up to $1,657 on monthly rental expenses.

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	Stevenson Ranch	National avg.	Difference
Haircut	$22.40	$17.49	28.1%
Beauty Salon	$68.75	$38.17	80.1%
Toothpaste	$2.49	$2.32	7.3%
Shampoo	$1.32	$1.01	30.4%
Movie	$16.10	$10.72	50.1%
Bowling	$20.33	$13.86	46.7%

Groceries

Item	Stevenson Ranch	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	$2.99	$3.18	6.1%
Pizza	$10.99	$10.39	5.7%
Beer	$9.66	$9.23	4.7%

Health Care

Item	Stevenson Ranch	National avg.	Difference
Optometrist	$126.40	$106.34	18.9%
Doctor	$126.00	$115.25	9.3%
Dentist	$109.40	$98.38	11.2%
Ibuprofen	$12.32	$9.26	33.0%
Lipitor	$483.87	$466.47	3.7%

Housing

Item	Stevenson Ranch	National avg.	Difference
Home Price	$619,700.00	$184,700.00	235.5%
Avg. Mortgage Payment	$2,944.66	$1,273.32	131.3%
Apartment Rent	$1,845.00	$949.00	94.4%

Transportation

Item	Stevenson Ranch	National avg.	Difference
Gasoline	$3.70	$2.59	42.8%
Tire Balancing	$50.20	$48.90	2.7%

Utilities

Item	Stevenson Ranch	National avg.	Difference
All Electricity	$184.11	$167.60	9.8%
Phone	$186.90	$163.42	14.4%

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.
Piru, CA	1,950	120	20%
Val Verde, CA	2,716	123	23%
San Fernando, CA	24,396	130	30%
Castaic, CA	19,529	142	42%
Santa Clarita, CA	180,303	143	43%
Stevenson Ranch, CA	19,737	168	68%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Painesville, OH	19,735	89	-11%
Universal City, TX	19,733	91	-9%
Florida Ridge, FL	19,741	94	-6%
Jasmine Estates, FL	19,744	84	-16%
Hermosa Beach, CA	19,726	231	131%
Stevenson Ranch, CA	19,737	168	68%

Source: The Stevenson Ranch, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.

Stevenson Ranch, CA Cost of Living

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