Cost of living in Homeland 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 Homeland 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 Homeland is 106, with 100 being the average.
The cost of living index in Homeland is 1.1x higher than the national average.
Homeland ranks as the #21 cheapest in California out of 634.
Homeland ranks as the #3,278 cheapest out of 6,489 in the US.
The median home value in Homeland is $562,213.
The median income in Homeland is $54,863.
According to the most recent data on the cost of living, Homeland has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to California, Homeland has a cost of living index that's 0.8x lower than California's index of 141.
The standard of living in Homeland ranks as #21 most affordable out of the 634 places we measured in California. By definition, that implies Homeland ranks as the #613 most expensive place in the Golden State.
For more reading on life in Homeland, check out:
Six factors go into calculating the cost of living index in Homeland. Here is how it fairs on each of the criteria:
The Services index in Homeland is 113.
The Groceries index in Homeland is 112.
The Health index in Homeland is 100.
The Housing index in Homeland is 96.
The Transportation index in Homeland is 125.
The Utilities index in Homeland is 95.
| Living Expense | Homeland | California | National Average | |
|---|---|---|---|---|
| Overall | 106 | 141 | 100 | |
| Services | 113 | 110 | 100 | |
| Groceries | 112 | 112 | 100 | |
| Health | 100 | 110 | 100 | |
| Housing | 96 | 195 | 100 | |
| Transportation | 125 | 125 | 100 | |
| Utilities | 95 | 128 | 100 | |
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 Homeland is $562,213.
The Median Rent in Homeland is $1,640.
The Median Income in Homeland is $54,863.
The Home Value To Income in Homeland is 10.2x.
The Rent To Monthly Income in Homeland is 0.36x.
| Statistic | Homeland | California | United States |
|---|---|---|---|
| Median Home Value | $562,213 | $763,287 | $303,400 |
| Median Rent | $1,640 | $1,956 | $1,348 |
| Median Income | $54,863 | $96,334 | $78,538 |
| Home Value To Income | 10.2x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.36x | 0.24x | 0.21x |
| Item | Homeland | 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 |
| Item | Homeland | 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 |
| Item | Homeland | California |
|---|---|---|
| Optometrist | $112.92 | $125.68 |
| Doctor | $95.5 | $135.78 |
| Dentist | $117.28 | $113.29 |
| Item | Homeland | California |
|---|---|---|
| Gasoline | $4.75 | $3.46 |
| Tire Balancing | $61.38 | $59.92 |
| Item | Homeland | California |
|---|---|---|
| All Electricity | $378.97 | $193.99 |
| Phone | $180.31 | $192.25 |
The cost of living varies in the cities and towns around Homeland. Here's a quick look at the cost of living in the most populous nearby places:
Moreno Valley, CA has a cost of living index of 132, 1.2x Homeland.
Lakeland, FL has a cost of living index of 95, 0.9x Homeland.
Murrieta, CA has a cost of living index of 144, 1.4x Homeland.
| City | Population | Cost Of Living | Vs. Homeland |
|---|---|---|---|
| Moreno Valley, CA | 210,378 | 132 | 1.2x |
| Lakeland, FL | 117,030 | 95 | 0.9x |
| Murrieta, CA | 111,621 | 144 | 1.4x |
| Temecula, CA | 110,404 | 147 | 1.4x |
| Menifee, CA | 107,020 | 135 | 1.3x |
| Hemet, CA | 90,646 | 113 | 1.1x |
| Perris, CA | 79,349 | 127 | 1.2x |
| San Jacinto, CA | 54,756 | 121 | 1.1x |
| French Valley, CA | 42,550 | 150 | 1.4x |
| East Hemet, CA | 20,292 | 120 | 1.1x |