Commerce, CA Cost Of Living
Cost Of Living In Commerce, CA Summary
Cost of living in Commerce 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 Commerce 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 Commerce is 142, with 100 being the average.
The cost of living index in Commerce is 1.4x higher than the national average.
Commerce ranks as the #260 cheapest in California out of 634.
Commerce ranks as the #5,468 cheapest out of 6,489 in the US.
The median home value in Commerce is $682,089.
The median income in Commerce is $71,768.
Table Of Contents
Commerce's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Commerce, CA?
According to the most recent data on the cost of living, Commerce has an overall cost of living index of 142, which is 1.4x higher than the national index of 100.
Compared to California, Commerce has a cost of living index that's 1.0x higher than California's index of 141.
The standard of living in Commerce ranks as #260 most affordable out of the 634 places we measured in California. By definition, that implies Commerce ranks as the #374 most expensive place in the Golden State.
For more reading on life in Commerce, check out:
In California
In America
Commerce Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Commerce. Here is how it fairs on each of the criteria:
The Services index in Commerce is 118.
The Groceries index in Commerce is 112.
The Health index in Commerce is 110.
The Housing index in Commerce is 198.
The Transportation index in Commerce is 123.
The Utilities index in Commerce is 114.
| Living Expense | Commerce | California | National Average | |
|---|---|---|---|---|
| Overall | 142 | 141 | 100 | |
| Services | 118 | 110 | 100 | |
| Groceries | 112 | 112 | 100 | |
| Health | 110 | 110 | 100 | |
| Housing | 198 | 195 | 100 | |
| Transportation | 123 | 125 | 100 | |
| Utilities | 114 | 128 | 100 | |
Commerce, 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 2019-2023. The key points are:
The Median Home Value in Commerce is $682,089.
The Median Rent in Commerce is $1,420.
The Median Income in Commerce is $71,768.
The Home Value To Income in Commerce is 9.5x.
The Rent To Monthly Income in Commerce is 0.24x.
| Statistic | Commerce | California | United States |
|---|---|---|---|
| Median Home Value | $682,089 | $763,287 | $303,400 |
| Median Rent | $1,420 | $1,956 | $1,348 |
| Median Income | $71,768 | $96,334 | $78,538 |
| Home Value To Income | 9.5x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Commerce, CA Costs By Category
Detailed Commerce Services Costs Vs. California
| Item | Commerce | 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 |
Detailed Commerce Groceries Costs Vs. California
| Item | Commerce | 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 |
Detailed Commerce Health Costs Vs. California
| Item | Commerce | California |
|---|---|---|
| Optometrist | $129.09 | $125.68 |
| Doctor | $119.86 | $135.78 |
| Dentist | $108.07 | $113.29 |
Detailed Commerce Transportation Costs Vs. California
| Item | Commerce | California |
|---|---|---|
| Gasoline | $4.47 | $3.46 |
| Tire Balancing | $58.33 | $59.92 |
Detailed Commerce Utilities Costs Vs. California
| Item | Commerce | California |
|---|---|---|
| All Electricity | $326.49 | $193.99 |
| Phone | $182.78 | $192.25 |
Commerce SnackAbility
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Cost Of Living In Cities Around Commerce
The cost of living varies in the cities and towns around Commerce. Here's a quick look at the cost of living in the most populous nearby places:
East Los Angeles, CA has a cost of living index of 144, 1.0x Commerce.
Lakewood, CA has a cost of living index of 164, 1.2x Commerce.
Montebello, CA has a cost of living index of 154, 1.1x Commerce.
| City | Population | Cost Of Living | Vs. Commerce |
|---|---|---|---|
| East Los Angeles, CA | 114,617 | 144 | 1.0x |
| Lakewood, CA | 80,510 | 164 | 1.2x |
| Montebello, CA | 61,376 | 154 | 1.1x |
| Pico Rivera, CA | 60,821 | 147 | 1.0x |
| Monterey Park, CA | 59,639 | 169 | 1.2x |
| Huntington Park, CA | 53,658 | 139 | 1.0x |
| Cypress, CA | 49,531 | 172 | 1.2x |
| La Mirada, CA | 46,945 | 163 | 1.1x |
| Bell Gardens, CA | 38,661 | 140 | 1.0x |
| Bell, CA | 32,830 | 140 | 1.0x |
