Cost of living in Baldwin Park research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Baldwin Park is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Baldwin Park is 134, with 100 being the average.
The cost of living index in Baldwin Park is 1.3x higher than the national average.
Baldwin Park ranks as the #312 cheapest in California out of 635.
Baldwin Park ranks as the #5,400 cheapest out of 6,412 in the US.
The median home value in Baldwin Park is $464,800.
The median income in Baldwin Park is $72,554.
According to the most recent data on the cost of living, Baldwin Park has an overall cost of living index of 134, which is 1.3x higher than the national index of 100.
Compared to California, Baldwin Park has a cost of living index that's 1.0x lower than California's index of 139.
The standard of living in Baldwin Park ranks as #312 most affordable out of the 635 places we measured in California. By definition, that implies Baldwin Park ranks as the #323 most expensive place in the Golden State.
For more reading on life in Baldwin Park, check out:
Six factors go into calculating the cost of living index in Baldwin Park. Here is how it fairs on each of the criteria:
The Services index in Baldwin Park is 114.
The Groceries index in Baldwin Park is 114.
The Health index in Baldwin Park is 109.
The Housing index in Baldwin Park is 169.
The Transportation index in Baldwin Park is 135.
The Utilities index in Baldwin Park is 109.
|Living Expense||Baldwin Park||California||National Average|
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Baldwin Park is $464,800.
The Median Rent in Baldwin Park is $1,620.
The Median Income in Baldwin Park is $72,554.
The Home Value To Income in Baldwin Park is 6.4x.
The Rent To Monthly Income in Baldwin Park is 0.27x.
|Statistic||Baldwin Park||California||United States|
|Median Home Value||$464,800||$573,200||$244,900|
|Home Value To Income||6.4x||6.8x||3.5x|
|Rent To Monthly Income||0.27x||0.24x||0.2x|
The cost of living varies in the cities and towns around Baldwin Park. Here's a quick look at the cost of living in the most populous nearby places:
El Monte, CA has a cost of living index of 137, 1.0x Baldwin Park.
Lakewood, CA has a cost of living index of 143, 1.1x Baldwin Park.
Yorba Linda, CA has a cost of living index of 181, 1.4x Baldwin Park.
|City||Population||Cost Of Living||Vs. Baldwin Park|
|El Monte, CA||110,144||137||1.0x|
|Yorba Linda, CA||68,319||181||1.4x|
|La Mirada, CA||47,957||147||1.1x|
|La Puente, CA||38,447||130||1.0x|
|La Verne, CA||31,423||150||1.1x|
|West Puente Valley, CA||23,003||133||1.0x|