Grand Terrace, CA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2020-03-08
Grand Terrace's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Grand Terrace is expensive, while a number below 100 means it's a relatively cheap place to live.

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 118 which is 1.2x higher than the national index of 100.

Compared to only California, Grand Terrace has a cost of living index that's 0.8x lower than California's index of 140.

The standard of living in Grand Terrace ranks as #4691 most affordable out of the 6522 places we measured in California. By definition, that implies Grand Terrace ranks as the #1716 most expensive place in the Golden State.

For more reading on life in Grand Terrace, check out:

Grand Terrace Cost Of Living Vs. California

Living Expense Grand Terrace California National Average
Overall 118 140 100
Services 110 111 100
Groceries 116 118 100
Health 109 113 100
Housing 135 196 100
Transportation 130 128 100
Utilities 90 118 100
For more reading on cost of living around California, check out:
Grand Terrace Cost of Living Vs. CA

Grand Terrace, CA Housing Cost Breakdown

Housing swings affordability the most between places in California, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Grand Terrace California United States
Median Home Value $301,300 $475,900 $204,900
Median Rent $1,363 $1,429 $1,023
Median Income $66,912 $71,228 $60,293
Home Value To Income 4.5x 6.7x 3.4x
Rent To Monthly Income 0.24x 0.24x 0.2x

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Cost Of Living In Cities Around Grand Terrace

City Population Cost Of Living Vs. Grand Terrace
Riverside, CA 323,935 121 1.0x
San Bernardino, CA 215,182 107 0.9x
Fontana, CA 208,943 122 1.0x
Rancho Cucamonga, CA 175,679 139 1.2x
Corona, CA 165,355 134 1.1x
Jurupa Valley, CA 103,784 119 1.0x
Rialto, CA 102,873 115 1.0x
Redlands, CA 71,012 126 1.1x
Eastvale, CA 61,337 154 1.3x
Colton, CA 54,415 109 0.9x

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