Grand Terrace, CA Cost Of Living
Cost Of Living In Grand Terrace, CA Summary
Cost of living in Grand Terrace 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 Grand Terrace 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 Grand Terrace is 129, with 100 being the average.
The cost of living index in Grand Terrace is 1.3x higher than the national average.
Grand Terrace ranks as the #178 cheapest in California out of 634.
Grand Terrace ranks as the #4,942 cheapest out of 6,489 in the US.
The median home value in Grand Terrace is $579,710.
The median income in Grand Terrace is $83,668.
Table Of Contents
Grand Terrace's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Grand Terrace, CA?
According to the most recent data on the cost of living, Grand Terrace has an overall cost of living index of 129, which is 1.3x higher than the national index of 100.
Compared to California, Grand Terrace has a cost of living index that's 0.9x lower than California's index of 141.
The standard of living in Grand Terrace ranks as #178 most affordable out of the 634 places we measured in California. By definition, that implies Grand Terrace ranks as the #456 most expensive place in the Golden State.
For more reading on life in Grand Terrace, check out:
In California
In America
Grand Terrace Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Grand Terrace. Here is how it fairs on each of the criteria:
The Services index in Grand Terrace is 112.
The Groceries index in Grand Terrace is 113.
The Health index in Grand Terrace is 99.
The Housing index in Grand Terrace is 180.
The Transportation index in Grand Terrace is 126.
The Utilities index in Grand Terrace is 96.
| Living Expense | Grand Terrace | California | National Average | |
|---|---|---|---|---|
| Overall | 129 | 141 | 100 | |
| Services | 112 | 110 | 100 | |
| Groceries | 113 | 112 | 100 | |
| Health | 99 | 110 | 100 | |
| Housing | 180 | 195 | 100 | |
| Transportation | 126 | 125 | 100 | |
| Utilities | 96 | 128 | 100 | |
Grand Terrace, 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 Grand Terrace is $579,710.
The Median Rent in Grand Terrace is $1,782.
The Median Income in Grand Terrace is $83,668.
The Home Value To Income in Grand Terrace is 6.9x.
The Rent To Monthly Income in Grand Terrace is 0.26x.
| Statistic | Grand Terrace | California | United States |
|---|---|---|---|
| Median Home Value | $579,710 | $763,287 | $303,400 |
| Median Rent | $1,782 | $1,956 | $1,348 |
| Median Income | $83,668 | $96,334 | $78,538 |
| Home Value To Income | 6.9x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.26x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Grand Terrace, CA Costs By Category
Detailed Grand Terrace Services Costs Vs. California
| Item | Grand Terrace | California |
|---|---|---|
| Shampoo | $1.34 | $1.28 |
| Movie | $11.04 | $12.13 |
| Bowling | $21.11 | $18 |
| Haircut | $27.27 | $24.26 |
| Beauty Salon | $41.78 | $45.56 |
Detailed Grand Terrace Groceries Costs Vs. California
| Item | Grand Terrace | California |
|---|---|---|
| Ground Beef | $5.89 | $5.84 |
| Fried Chicken | $3.49 | $1.57 |
| Milk | $4.92 | $4.67 |
| Potatoes | $4.92 | $4.93 |
| Pizza | $15.31 | $12.09 |
| Beer | $10.26 | $10.41 |
| Toothpaste | $3.61 | $3.7 |
Detailed Grand Terrace Health Costs Vs. California
| Item | Grand Terrace | California |
|---|---|---|
| Optometrist | $112.92 | $125.68 |
| Doctor | $95.5 | $135.78 |
| Dentist | $117.28 | $113.29 |
Detailed Grand Terrace Transportation Costs Vs. California
| Item | Grand Terrace | California |
|---|---|---|
| Gasoline | $4.75 | $3.46 |
| Tire Balancing | $61.38 | $59.92 |
Detailed Grand Terrace Utilities Costs Vs. California
| Item | Grand Terrace | California |
|---|---|---|
| All Electricity | $378.97 | $193.99 |
| Phone | $180.31 | $192.25 |
Grand Terrace SnackAbility
/10
Cost Of Living In Cities Around Grand Terrace
The cost of living varies in the cities and towns around Grand Terrace. Here's a quick look at the cost of living in the most populous nearby places:
Riverside, CA has a cost of living index of 137, 1.1x Grand Terrace.
San Bernardino, CA has a cost of living index of 117, 0.9x Grand Terrace.
Fontana, CA has a cost of living index of 135, 1.0x Grand Terrace.
| City | Population | Cost Of Living | Vs. Grand Terrace |
|---|---|---|---|
| Riverside, CA | 316,241 | 137 | 1.1x |
| San Bernardino, CA | 221,774 | 117 | 0.9x |
| Fontana, CA | 211,921 | 135 | 1.0x |
| Rancho Cucamonga, CA | 174,693 | 154 | 1.2x |
| Corona, CA | 158,839 | 150 | 1.2x |
| Jurupa Valley, CA | 106,244 | 133 | 1.0x |
| Rialto, CA | 103,866 | 128 | 1.0x |
| Redlands, CA | 72,985 | 141 | 1.1x |
| Eastvale, CA | 70,179 | 168 | 1.3x |
| Colton, CA | 53,798 | 123 | 1.0x |
