Cost of living in Calabasas 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 Calabasas 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 Calabasas is 235, with 100 being the average.
The cost of living index in Calabasas is 2.4x higher than the national average.
Calabasas ranks as the #576 cheapest in California out of 634.
Calabasas ranks as the #6,412 cheapest out of 6,489 in the US.
The median home value in Calabasas is $1,672,456.
The median income in Calabasas is $157,938.
According to the most recent data on the cost of living, Calabasas has an overall cost of living index of 235, which is 2.4x higher than the national index of 100.
Compared to California, Calabasas has a cost of living index that's 1.7x higher than California's index of 141.
The standard of living in Calabasas ranks as #576 most affordable out of the 634 places we measured in California. By definition, that implies Calabasas ranks as the #58 most expensive place in the Golden State.
For more reading on life in Calabasas, check out:
Six factors go into calculating the cost of living index in Calabasas. Here is how it fairs on each of the criteria:
The Services index in Calabasas is 117.
The Groceries index in Calabasas is 113.
The Health index in Calabasas is 109.
The Housing index in Calabasas is 507.
The Transportation index in Calabasas is 125.
The Utilities index in Calabasas is 111.
| Living Expense | Calabasas | California | National Average | |
|---|---|---|---|---|
| Overall | 235 | 141 | 100 | |
| Services | 117 | 110 | 100 | |
| Groceries | 113 | 112 | 100 | |
| Health | 109 | 110 | 100 | |
| Housing | 507 | 195 | 100 | |
| Transportation | 125 | 125 | 100 | |
| Utilities | 111 | 128 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Calabasas is $1,672,456.
The Median Rent in Calabasas is $3,070.
The Median Income in Calabasas is $157,938.
The Home Value To Income in Calabasas is 10.6x.
The Rent To Monthly Income in Calabasas is 0.23x.
| Statistic | Calabasas | California | United States |
|---|---|---|---|
| Median Home Value | $1,672,456 | $763,287 | $303,400 |
| Median Rent | $3,070 | $1,956 | $1,348 |
| Median Income | $157,938 | $96,334 | $78,538 |
| Home Value To Income | 10.6x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.24x | 0.21x |
| Item | Calabasas | California |
|---|---|---|
| Shampoo | $1.41 | $1.28 |
| Movie | $13.46 | $12.13 |
| Bowling | $19.07 | $18 |
| Haircut | $24.67 | $24.26 |
| Beauty Salon | $49.33 | $45.56 |
| Item | Calabasas | California |
|---|---|---|
| Ground Beef | $6.26 | $5.84 |
| Fried Chicken | $2.08 | $1.57 |
| Milk | $4.76 | $4.67 |
| Potatoes | $4.94 | $4.93 |
| Pizza | $16.13 | $12.09 |
| Beer | $9.6 | $10.41 |
| Toothpaste | $3.76 | $3.7 |
| Item | Calabasas | California |
|---|---|---|
| Optometrist | $129.09 | $125.68 |
| Doctor | $119.86 | $135.78 |
| Dentist | $108.07 | $113.29 |
| Item | Calabasas | California |
|---|---|---|
| Gasoline | $4.47 | $3.46 |
| Tire Balancing | $58.33 | $59.92 |
| Item | Calabasas | California |
|---|---|---|
| All Electricity | $326.49 | $193.99 |
| Phone | $182.78 | $192.25 |
The cost of living varies in the cities and towns around Calabasas. Here's a quick look at the cost of living in the most populous nearby places:
Simi Valley, CA has a cost of living index of 172, 0.7x Calabasas.
Thousand Oaks, CA has a cost of living index of 185, 0.8x Calabasas.
Moorpark, CA has a cost of living index of 174, 0.7x Calabasas.
| City | Population | Cost Of Living | Vs. Calabasas |
|---|---|---|---|
| Simi Valley, CA | 125,769 | 172 | 0.7x |
| Thousand Oaks, CA | 125,676 | 185 | 0.8x |
| Moorpark, CA | 35,957 | 174 | 0.7x |
| Beverly Hills, CA | 31,955 | 332 | 1.4x |
| San Fernando, CA | 23,716 | 148 | 0.6x |
| Stevenson Ranch, CA | 21,317 | 191 | 0.8x |
| Agoura Hills, CA | 19,881 | 199 | 0.8x |
| Oak Park, CA | 13,656 | 197 | 0.8x |
| Malibu, CA | 10,516 | 335 | 1.4x |
| Topanga, CA | 8,781 | 241 | 1.0x |