According to the most recent data on the cost of living, Hermosa Beach has an overall cost of living index of 232 which is 2.3x higher than the national index of 100.
Compared to only California, Hermosa Beach has a cost of living index that's 1.7x higher than California's index of 140.
The standard of living in Hermosa Beach ranks as #6,373 most affordable out of the 6,418 places we measured in California. By definition, that implies Hermosa Beach ranks as the #45 most expensive place in the Golden State.
Living Expense | Hermosa Beach | California | National Average | |
---|---|---|---|---|
Overall | 232 | 140 | 100 | |
Services | 117 | 112 | 100 | |
Groceries | 112 | 113 | 100 | |
Health | 109 | 115 | 100 | |
Housing | 502 | 198 | 100 | |
Transportation | 133 | 134 | 100 | |
Utilities | 108 | 126 | 100 |
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.
Statistic | Hermosa Beach | California | United States |
---|---|---|---|
Median Home Value | $1,649,900 | $538,500 | $229,800 |
Median Rent | $2,246 | $1,586 | $1,096 |
Median Income | $142,500 | $78,672 | $64,994 |
Home Value To Income | 11.6x | 6.8x | 3.5x |
Rent To Monthly Income | 0.19x | 0.24x | 0.2x |
Item | Hermosa Beach | California |
---|---|---|
Shampoo | $1.17 | $1.06 |
Movie | $16.3 | $10.68 |
Bowling | $21.33 | $14.67 |
Item | Hermosa Beach | California |
---|---|---|
Ground Beef | $4.58 | $4.22 |
Fried Chicken | $1.72 | $1.39 |
Milk | $2.19 | $2.05 |
Item | Hermosa Beach | California |
---|---|---|
Haircut | $22.57 | $18.62 |
Beauty Salon | $76.5 | $39.05 |
Toothpaste | $2.51 | $2.34 |
Item | Hermosa Beach | California |
---|---|---|
Potatoes | $2.99 | $3.29 |
Pizza | $11.66 | $10.62 |
Beer | $9.82 | $9.38 |
Optometrist | $125.58 | $108.57 |
Doctor | $125.0 | $116.17 |
Dentist | $110.78 | $99.13 |
Item | Hermosa Beach | California |
---|---|---|
Gasoline | $3.31 | $2.22 |
Tire Balancing | $50.62 | $50.07 |
All Electricity | $185.68 | $167.67 |
Phone | $189.51 | $175.64 |
City | Population | Cost Of Living | Vs. Hermosa Beach |
---|---|---|---|
Torrance, CA | 144,430 | 171 | 0.7x |
Hawthorne, CA | 85,410 | 141 | 0.6x |
Lakewood, CA | 79,676 | 143 | 0.6x |
Redondo Beach, CA | 66,663 | 189 | 0.8x |
Cerritos, CA | 49,388 | 169 | 0.7x |
Rancho Palos Verdes, CA | 41,635 | 217 | 0.9x |
Manhattan Beach, CA | 35,064 | 278 | 1.2x |
Lawndale, CA | 32,533 | 141 | 0.6x |
West Carson, CA | 22,697 | 141 | 0.6x |
Lennox, CA | 22,476 | 128 | 0.6x |