Woodside, CA Cost Of Living

Woodside cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	Woodside	California	National
Cost of living index	333	138	100
Index	Woodside	California	National
Goods & Services index	129	110	100
Groceries index	125	115	100
Health care index	124	109	100
Housing index	815	196	100
Transportation index	134	125	100
Utilities index	115	114	100

Displayed above is a general overview of the Woodside, CA cost of living index. The overall cost of living index in Woodside, CA is 333, which is 141% higher than the California average and 233% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Woodside, CA are 17% higher than the California average and 29% higher than the national average.

Did you know?

The cost of living in Woodside is 141% higher than the California average.
The cost of living in Woodside is 233% higher than the national average.
The cost of housing in Woodside is 715% higher than the national average.
California general sales tax is 42% higher than the national average.
California state income tax is 55% lower than the national average.

Find Real Estate Listings In Woodside

New Real Estate Listings In Woodside

The best places in California

Here are the best places to live in California

See the best places to live in & around Woodside

Top 10 best public schools in Woodside

10 best cities to buy a new house in California

Compare Woodside, CA Cost of living To Other Cities

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

The salary calculator is meant to help you compare your salary in Woodside, CA to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Woodside, CA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Woodside, CA salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$238,571	$19,881	$5,566	$7,158
Renters	$0	$0	$0	$0

A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Woodside, CA, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Woodside, CA has a median income of about $238,571 for people who own homes. Based on that number, a person should spend a maximum of $5,566 on expenses related to housing. Renters have a slightly different median income, which is $0. Based on this average, renters should spend no more than $0 on all of their 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%	10.25%

California Income Tax

State	Income Tax (Low)	Income Tax (High)
California	1%	13.3%

For those who live in Woodside, CA and want to know what the true cost of living is, they ought to look at both the California income tax rate and the California sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In California, the sales tax is 7.25%, while the most you'll pay in surtax is 10.25%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in California, the income tax rate ranges between 1% to 13.3%.

Goods & Services

Item	Woodside	National avg.	Difference
Haircut	$25.90	$16.09	61.0%
Beauty Salon	$77.35	$37.33	107.2%
Toothpaste	$3.27	$2.45	33.5%
Shampoo	$1.26	$1.00	25.6%
Movie	$13.12	$10.28	27.6%
Bowling	$7.52	$4.93	52.5%

Groceries

Item	Woodside	National avg.	Difference
Ground Beef	$4.32	$3.80	13.7%
Fried Chicken	$1.64	$1.40	17.6%
Milk	$2.72	$2.01	35.6%
Potatoes	$3.78	$3.01	25.4%
Pizza	$11.98	$9.89	21.2%
Beer	$9.48	$8.90	6.6%

Health Care

Item	Woodside	National avg.	Difference
Optometrist	$124.14	$102.16	21.5%
Doctor	$142.61	$108.36	31.6%
Dentist	$122.05	$92.53	31.9%
Ibuprofen	$11.97	$9.28	29.0%
Lipitor	$421.85	$425.82	0.9%

Housing

Item	Woodside	National avg.	Difference
Home Price	$2,000,001.00	$184,700.00	982.8%
Avg. Mortgage Payment	$4,265.07	$1,202.44	254.7%
Apartment Rent	$1,811.00	$949.00	90.8%

Transportation

Item	Woodside	National avg.	Difference
Gasoline	$3.07	$2.24	36.9%
Tire Balancing	$60.10	$46.29	29.8%

Utilities

Item	Woodside	National avg.	Difference
All Electricity	$235.44	$165.96	41.9%
Phone	$24.12	$28.68	15.9%

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, State	Population	Cost of Living Index	National Avg.
Loma Mar, CA	150	127	27%
Mountain View CDP, CA	2,585	134	34%
East Palo Alto, CA	29,353	159	59%
Newark, CA	44,677	165	65%
Union City, CA	73,500	166	66%
Woodside, CA	5,496	333	233%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Waterville, OH	5,496	102	2%
Algona, IA	5,496	85	-15%
Old Fig Garden, CA	5,495	117	17%
Chester, SC	5,498	83	-17%
Edgerton, WI	5,494	97	-3%
Woodside, CA	5,496	333	233%

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

Woodside, CA Cost of Living