Hermosa Beach, CA Cost Of Living
Cost Of Living In Hermosa Beach, CA Summary
Cost of living in Hermosa Beach 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 Hermosa Beach 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 Hermosa Beach is 232, with 100 being the average.
The cost of living index in Hermosa Beach is 2.3x higher than the national average.
Hermosa Beach ranks as the #600 cheapest in California out of 635.
Hermosa Beach ranks as the #6,367 cheapest out of 6,412 in the US.
The median home value in Hermosa Beach is $1,674,500.
The median income in Hermosa Beach is $144,388.
Table Of Contents
Hermosa Beach's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Hermosa Beach, CA?
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 California, Hermosa Beach has a cost of living index that's 1.7x higher than California's index of 139.
The standard of living in Hermosa Beach ranks as #600 most affordable out of the 635 places we measured in California. By definition, that implies Hermosa Beach ranks as the #35 most expensive place in the Golden State.
For more reading on life in Hermosa Beach, check out:
- Living In Hermosa Beach
- Hermosa Beach Crime Report
- Search Homes For Sale In Hermosa Beach, CA
In California
In America
Hermosa Beach Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Hermosa Beach. Here is how it fairs on each of the criteria:
The Services index in Hermosa Beach is 117.
The Groceries index in Hermosa Beach is 112.
The Health index in Hermosa Beach is 109.
The Housing index in Hermosa Beach is 502.
The Transportation index in Hermosa Beach is 133.
The Utilities index in Hermosa Beach is 108.
| Living Expense | Hermosa Beach | California | National Average | |
|---|---|---|---|---|
| Overall | 232 | 139 | 100 | |
| Services | 117 | 110 | 100 | |
| Groceries | 112 | 112 | 100 | |
| Health | 109 | 109 | 100 | |
| Housing | 502 | 204 | 100 | |
| Transportation | 133 | 126 | 100 | |
| Utilities | 108 | 124 | 100 | |
Hermosa Beach, 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 2017-2021. The key points are:
The Median Home Value in Hermosa Beach is $1,674,500.
The Median Rent in Hermosa Beach is $2,498.
The Median Income in Hermosa Beach is $144,388.
The Home Value To Income in Hermosa Beach is 11.6x.
The Rent To Monthly Income in Hermosa Beach is 0.21x.
| Statistic | Hermosa Beach | California | United States |
|---|---|---|---|
| Median Home Value | $1,674,500 | $573,200 | $244,900 |
| Median Rent | $2,498 | $1,698 | $1,163 |
| Median Income | $144,388 | $84,097 | $69,021 |
| Home Value To Income | 11.6x | 6.8x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.24x | 0.2x |
Median Home Value
Median Rent
Median Income
Hermosa Beach, CA Costs By Category
Detailed Hermosa Beach Services Costs Vs. California
| Item | Hermosa Beach | California |
|---|---|---|
| Shampoo | $1.17 | $1.06 |
| Movie | $16.3 | $10.68 |
| Bowling | $21.33 | $14.67 |
| Haircut | $22.57 | $18.62 |
| Beauty Salon | $76.5 | $39.05 |
Detailed Hermosa Beach Groceries Costs Vs. California
| Item | Hermosa Beach | California |
|---|---|---|
| Ground Beef | $4.58 | $4.22 |
| Fried Chicken | $1.72 | $1.39 |
| Milk | $2.19 | $2.05 |
| Potatoes | $2.99 | $3.29 |
| Pizza | $11.66 | $10.62 |
| Beer | $9.82 | $9.38 |
| Toothpaste | $2.51 | $2.34 |
Detailed Hermosa Beach Health Costs Vs. California
| Item | Hermosa Beach | California |
|---|---|---|
| Optometrist | $125.58 | $108.57 |
| Doctor | $125.0 | $116.17 |
| Dentist | $110.78 | $99.13 |
Detailed Hermosa Beach Transportation Costs Vs. California
| Item | Hermosa Beach | California |
|---|---|---|
| Gasoline | $3.31 | $2.22 |
| Tire Balancing | $50.62 | $50.07 |
Detailed Hermosa Beach Utilities Costs Vs. California
| Item | Hermosa Beach | California |
|---|---|---|
| All Electricity | $185.68 | $167.67 |
| Phone | $189.51 | $175.64 |
Hermosa Beach SnackAbility
/10
Cost Of Living In Cities Around Hermosa Beach
The cost of living varies in the cities and towns around Hermosa Beach. Here's a quick look at the cost of living in the most populous nearby places:
Torrance, CA has a cost of living index of 171, 0.7x Hermosa Beach.
Hawthorne, CA has a cost of living index of 141, 0.6x Hermosa Beach.
Lakewood, CA has a cost of living index of 143, 0.6x Hermosa Beach.
| City | Population | Cost Of Living | Vs. Hermosa Beach |
|---|---|---|---|
| Torrance, CA | 147,156 | 171 | 0.7x |
| Hawthorne, CA | 87,863 | 141 | 0.6x |
| Lakewood, CA | 82,419 | 143 | 0.6x |
| Redondo Beach, CA | 70,998 | 189 | 0.8x |
| Cerritos, CA | 49,630 | 169 | 0.7x |
| Rancho Palos Verdes, CA | 42,316 | 217 | 0.9x |
| Manhattan Beach, CA | 35,585 | 278 | 1.2x |
| Lawndale, CA | 32,035 | 141 | 0.6x |
| West Carson, CA | 22,024 | 141 | 0.6x |
| Lennox, CA | 21,514 | 128 | 0.6x |
