Tiburon cost of living index

A general summary of the cost of living index in Tiburon, CA is shown above. Compared to the state average of California the cost of living index in Tiburon, CA is 320, which is 132% higher than the average in California and compared to the national average it is 220% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Tiburon, CA goods and services come in at 17% higher than the average in California and are 29% higher than compared to the nationwide average.

Find Real Estate Listings In Tiburon

New Real Estate Listings In Tiburon

Real Estate Listings In Tiburon

The best places in California

Salary Calculator

Using the salary calculator lets you compare the salary you earn in Tiburon, CA to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Tiburon, CA, you have to earn a higher income in order to still have the same standard of living. To operate the Tiburon, CA salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Tiburon, CA as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Tiburon, CA homeowners, is $185,278. This would allow for a maximum of $4,323 per month to be spent on housing costs. For renters, the median monthly income is $96,008 which would result in a maximum of $2,240 to be spent on rental costs.

California Sales Tax

California Income Tax

When assessing the complete cost of living in Tiburon, CA, the California income tax and the California sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The California maximum surtax is 10.25%, and the California sales tax is 7.25%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 1% to 13.3% in California.

Goods & Services

Groceries

Health Care

Housing

Transportation

Utilities

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

Cities with similar population

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