F
20%
Overall NAT. AVG.
16%
Goods & Services NAT. AVG.
31%
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 Sun Village California National
Cost of living120140100
Goods & Services116111100
Groceries112112100
Health care108109100
Housing131196100
Transportation124126100
Utilities112127100

An Overview of Cost of Living in Sun Village, CA

Knowing the cost of living in Sun Village allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Sun Village stands at 120, marking it 20% higher than the national average.

The cost of living in Sun Village 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, Sun Village falls into this category, which may not be suitable for those seeking an economically favorable living environment.

When it comes to the cost of living in Sun Village, housing costs are a real heavyweight, often hogging a significant chunk of your earnings. Sadly, in this area, housing expenses for both buying and renting were 30.6% more expensive compared to your average city. That means you'll be shelling out more for homes, rents, mortgage rates and insurance.

Recurring goods and services expenses like haircuts, toothpaste, gym memberships and movie nights are a big part of your spending and make up 33% of the cost of living index. In Sun Village, these items will cost you 16.2% more than what most folks pay, making it a bit more expensive to live here.

Groceries are getting more expensive by the day and the cost of groceries makes up 13% of the overall cost of living index. In the past two years, prices have shot up by over 10%! Unfortunately, in Sun Village, it's the same story – grocery costs are 12.2% higher than what people pay across the country.

Is Sun Village Affordable?

Is Sun Village affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Sun Village, for instance, where the median home price falls 30.7% higher than the national average, and monthly rent rates are 30.2% higher than usual. Additionally, median income levels contribute to the equation, with Sun Village flaunting a median household income of $56,202, 1.6% higher than the national norm.

What Factors can Influence the Cost of Living in Sun Village?

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 Sun Village, the housing index is 30.6% higher than the national average.

Utilities: Like everything else, utilities costs can range significantly depending on factors like climate, energy sources available, location and even state regulations. Things like electricity, water, heating and waste disposal costs can be higher or lower, depending on the city or state. The utilities index in Sun Village comes in at 12.4% higher than the national average.

Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In Sun Village, the groceries index is 12.2% higher than the national average.

Where is the Data From?

The Sun Village 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 Sun Village is 14% lower than the California average
  • The cost of living in Sun Village is 20% higher than the national average
  • Sun Village housing is 31% higher than the national average
  • California general sales tax is 42% higher than the national average
  • California state income tax is 56% lower than the national average

Most Affordable Places to Live in and Around Sun Village

See all the best places to live around Sun Village

Compare Sun Village, 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$64,453$5,371$1,504$1,934
      Renters$38,826$3,236$906$1,165
      A good indicator of the general affordability of housing in Sun Village, 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 Sun Village, the median monthly income is $64,453 for those who own their own homes. Under the standard rule, that income level would allow for $1,504 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $38,826, per the median income in the area. That would allow for renters to spend up to $906 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% 12.3%

      Goods & Services

      Item Sun Village 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 Sun Village 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 Sun Village 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 Sun Village National avg. Difference
      Home Price $241,400.00$184,700.0030.7%
      Avg. Mortgage Payment $2,799.02$2,346.6919.3%
      Apartment Rent $1,236.00$949.0030.2%

      Transportation

      Item Sun Village National avg. Difference
      Gasoline $4.47$3.4629.3%
      Tire Balancing $58.33$59.922.6%

      Utilities

      Item Sun Village 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.
      Lake Los Angeles, CA11,92611414.3%
      Littlerock, CA94812121.3%
      Lancaster, CA157,69712524.9%
      Desert View Highlands, CA3,25912726.5%
      Palmdale, CA153,24012828.0%
      Sun Village, CA14,08012020.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Pell City, AL14,081972.8%
      Deming, NM14,0838020.3%
      Moultrie, GA14,0868614.0%
      Kings Park West, VA14,09016262.4%
      Red Bluff, CA14,0911088.5%
      Sun Village, CA14,08012020.1%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.