Walnut, California Cost Of Living

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F

Overall 74%

Goods & Services 10%

Housing 222%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; 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	Walnut	California	National
Cost of living	174	140	100
Goods & Services	110	109	100
Groceries	112	112	100
Health care	102	109	100
Housing	322	196	100
Transportation	132	132	100
Utilities	89	127	100

Key findings

The cost of living in Walnut is 24% higher than the California average
The cost of living in Walnut is 74% higher than the national average
Walnut housing is 222% 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	$103,750	$8,646	$2,421	$3,113
Renters	$61,007	$5,084	$1,423	$1,830

To approximate the cost of living and the housing affordability in Walnut, CA, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Walnut have a median income of $103,750. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,421 per month to avoid calamity and poverty. The renters in the city have an income of about $61,007, which would make their monthly maximum allowable rental costs $1,423.

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	Walnut	National avg.	Difference
Haircut	$24.92	$20.27	22.9%
Beauty Salon	$59.67	$40.39	47.7%
Toothpaste	$2.16	$2.36	8.3%
Shampoo	$1.33	$1.08	23.3%
Movie	$14.78	$10.99	34.6%
Bowling	$21.11	$15.49	36.3%

Groceries

Item	Walnut	National avg.	Difference
Ground Beef	$4.41	$4.30	2.5%
Fried Chicken	$1.79	$1.40	28.2%
Milk	$2.30	$2.20	4.4%
Potatoes	$2.99	$3.22	7.1%
Pizza	$11.99	$10.74	11.6%
Beer	$9.93	$9.60	3.5%

Health Care

Item	Walnut	National avg.	Difference
Optometrist	$105.28	$109.73	4.0%
Doctor	$95.00	$118.34	19.7%
Dentist	$114.80	$100.94	13.7%
Ibuprofen	$11.49	$9.93	15.7%
Lipitor	$487.47	$469.53	3.8%

Housing

Item	Walnut	National avg.	Difference
Home Price	$679,700.00	$184,700.00	268.0%
Avg. Mortgage Payment	$3,443.41	$1,229.62	180.0%
Apartment Rent	$2,051.00	$949.00	116.1%

Transportation

Item	Walnut	National avg.	Difference
Gasoline	$3.94	$2.71	45.3%
Tire Balancing	$57.17	$51.86	10.2%

Utilities

Item	Walnut	National avg.	Difference
All Electricity	$146.77	$170.84	14.1%
Phone	$174.14	$187.18	7.0%

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.
Montclair, CA	38,294	120	19.9%
Hawaiian Gardens, CA	14,468	121	20.6%
Ontario, CA	169,389	122	22.4%
Pomona, CA	151,807	123	23.3%
South San Jose Hills, CA	19,914	124	23.8%
Walnut, CA	30,026	174	73.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
North Chicago, IL	30,023	99	1.4%
Rochester, NH	30,052	105	4.8%
Matthews, NC	30,054	106	5.7%
Westchester, FL	30,058	115	15.3%
San Pablo, CA	29,991	124	23.8%
Walnut, CA	30,026	174	73.6%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.