Cost of living in Garnet 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 Garnet 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 Garnet is 101, with 100 being the average.
The cost of living index in Garnet is 1.0x higher than the national average.
Garnet ranks as the #41 cheapest in California out of 635.
Garnet ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Garnet is $202,100.
The median income in Garnet is $43,906.
According to the most recent data on the cost of living, Garnet has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to California, Garnet has a cost of living index that's 0.7x lower than California's index of 139.
The standard of living in Garnet ranks as #41 most affordable out of the 635 places we measured in California. By definition, that implies Garnet ranks as the #594 most expensive place in the Golden State.
For more reading on life in Garnet, check out:
Six factors go into calculating the cost of living index in Garnet. Here is how it fairs on each of the criteria:
The Services index in Garnet is 114.
The Groceries index in Garnet is 116.
The Health index in Garnet is 105.
The Housing index in Garnet is 79.
The Transportation index in Garnet is 134.
The Utilities index in Garnet is 91.
|Living Expense||Garnet||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 Garnet is $202,100.
The Median Rent in Garnet is $1,268.
The Median Income in Garnet is $43,906.
The Home Value To Income in Garnet is 4.6x.
The Rent To Monthly Income in Garnet is 0.35x.
|Median Home Value||$202,100||$573,200||$244,900|
|Home Value To Income||4.6x||6.8x||3.5x|
|Rent To Monthly Income||0.35x||0.24x||0.2x|
The cost of living varies in the cities and towns around Garnet. Here's a quick look at the cost of living in the most populous nearby places:
Indio, CA has a cost of living index of 119, 1.2x Garnet.
Palm Desert, CA has a cost of living index of 130, 1.3x Garnet.
Palm Springs, CA has a cost of living index of 124, 1.2x Garnet.
|City||Population||Cost Of Living||Vs. Garnet|
|Palm Desert, CA||51,081||130||1.3x|
|Palm Springs, CA||44,799||124||1.2x|
|Desert Hot Springs, CA||31,988||104||1.0x|
|Yucca Valley, CA||21,663||103||1.0x|
|Rancho Mirage, CA||17,129||148||1.5x|
|Thousand Palms, CA||8,052||109||1.1x|
|Bermuda Dunes, CA||6,862||127||1.3x|
|Desert Palms, CA||6,225||141||1.4x|