Cerritos, CA Cost Of Living
Cost Of Living In Cerritos, CA Summary
Cost of living in Cerritos 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 Cerritos 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 Cerritos is 169, with 100 being the average.
The cost of living index in Cerritos is 1.7x higher than the national average.
Cerritos ranks as the #501 cheapest in California out of 635.
Cerritos ranks as the #6,112 cheapest out of 6,412 in the US.
The median home value in Cerritos is $764,200.
The median income in Cerritos is $115,600.
Table Of Contents
Cerritos's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Cerritos, CA?
According to the most recent data on the cost of living, Cerritos has an overall cost of living index of 169, which is 1.7x higher than the national index of 100.
Compared to California, Cerritos has a cost of living index that's 1.2x higher than California's index of 139.
The standard of living in Cerritos ranks as #501 most affordable out of the 635 places we measured in California. By definition, that implies Cerritos ranks as the #134 most expensive place in the Golden State.
For more reading on life in Cerritos, check out:
- Living In Cerritos
- Cerritos Crime Report
- Search Homes For Sale In Cerritos, CA
In California
In America
Cerritos Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Cerritos. Here is how it fairs on each of the criteria:
The Services index in Cerritos is 112.
The Groceries index in Cerritos is 115.
The Health index in Cerritos is 103.
The Housing index in Cerritos is 305.
The Transportation index in Cerritos is 136.
The Utilities index in Cerritos is 91.
| Living Expense | Cerritos | California | National Average | |
|---|---|---|---|---|
| Overall | 169 | 139 | 100 | |
| Services | 112 | 110 | 100 | |
| Groceries | 115 | 112 | 100 | |
| Health | 103 | 109 | 100 | |
| Housing | 305 | 204 | 100 | |
| Transportation | 136 | 126 | 100 | |
| Utilities | 91 | 124 | 100 | |
Cerritos, CA Housing Cost Breakdown
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 Cerritos is $764,200.
The Median Rent in Cerritos is $2,482.
The Median Income in Cerritos is $115,600.
The Home Value To Income in Cerritos is 6.6x.
The Rent To Monthly Income in Cerritos is 0.26x.
| Statistic | Cerritos | California | United States |
|---|---|---|---|
| Median Home Value | $764,200 | $573,200 | $244,900 |
| Median Rent | $2,482 | $1,698 | $1,163 |
| Median Income | $115,600 | $84,097 | $69,021 |
| Home Value To Income | 6.6x | 6.8x | 3.5x |
| Rent To Monthly Income | 0.26x | 0.24x | 0.2x |
Median Home Value
Median Rent
Median Income
Cerritos, CA Costs By Category
Detailed Cerritos Services Costs Vs. California
| Item | Cerritos | California |
|---|---|---|
| Shampoo | $1.17 | $1.06 |
| Movie | $14.48 | $10.68 |
| Bowling | $24.56 | $14.67 |
| Haircut | $22.6 | $18.62 |
| Beauty Salon | $66.25 | $39.05 |
Detailed Cerritos Groceries Costs Vs. California
| Item | Cerritos | California |
|---|---|---|
| Ground Beef | $4.58 | $4.22 |
| Fried Chicken | $1.72 | $1.39 |
| Milk | $2.19 | $2.05 |
| Potatoes | $2.99 | $3.29 |
| Pizza | $11.66 | $10.62 |
| Beer | $9.82 | $9.38 |
| Toothpaste | $2.48 | $2.34 |
Detailed Cerritos Health Costs Vs. California
| Item | Cerritos | California |
|---|---|---|
| Optometrist | $106.53 | $108.57 |
| Doctor | $100.28 | $116.17 |
| Dentist | $114.52 | $99.13 |
Detailed Cerritos Transportation Costs Vs. California
| Item | Cerritos | California |
|---|---|---|
| Gasoline | $3.32 | $2.22 |
| Tire Balancing | $52.6 | $50.07 |
Detailed Cerritos Utilities Costs Vs. California
| Item | Cerritos | California |
|---|---|---|
| All Electricity | $138.7 | $167.67 |
| Phone | $176.01 | $175.64 |
Cerritos SnackAbility
/10
Cost Of Living In Cities Around Cerritos
The cost of living varies in the cities and towns around Cerritos. Here's a quick look at the cost of living in the most populous nearby places:
Norwalk, CA has a cost of living index of 130, 0.8x Cerritos.
Buena Park, CA has a cost of living index of 143, 0.8x Cerritos.
Lakewood, CA has a cost of living index of 143, 0.8x Cerritos.
| City | Population | Cost Of Living | Vs. Cerritos |
|---|---|---|---|
| Norwalk, CA | 103,330 | 130 | 0.8x |
| Buena Park, CA | 83,974 | 143 | 0.8x |
| Lakewood, CA | 82,419 | 143 | 0.8x |
| Bellflower, CA | 79,070 | 133 | 0.8x |
| Cypress, CA | 50,279 | 154 | 0.9x |
| La Mirada, CA | 47,957 | 147 | 0.9x |
| North Tustin, CA | 25,708 | 191 | 1.1x |
| West Puente Valley, CA | 23,003 | 133 | 0.8x |
| Santa Fe Springs, CA | 18,817 | 131 | 0.8x |
| Vincent, CA | 16,399 | 136 | 0.8x |
