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 96, with 100 being the average.
The cost of living index in Homeland is 1.0x lower than the national average.
Homeland ranks as the #12 cheapest in California out of 635.
Homeland ranks as the #2,601 cheapest out of 6,412 in the US.
The median home value in Homeland is $163,500.
The median income in Homeland is $50,339.
According to the most recent data on the cost of living, Homeland has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to California, Homeland has a cost of living index that's 0.7x lower than California's index of 139.
The standard of living in Homeland ranks as #12 most affordable out of the 635 places we measured in California. By definition, that implies Homeland ranks as the #623 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 115.
The Groceries index in Homeland is 113.
The Health index in Homeland is 105.
The Housing index in Homeland is 62.
The Transportation index in Homeland is 136.
The Utilities index in Homeland is 87.
|Living Expense||Homeland||California||National Average|
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 Homeland is $163,500.
The Median Rent in Homeland is $1,261.
The Median Income in Homeland is $50,339.
The Home Value To Income in Homeland is 3.2x.
The Rent To Monthly Income in Homeland is 0.3x.
|Median Home Value||$163,500||$573,200||$244,900|
|Home Value To Income||3.2x||6.8x||3.5x|
|Rent To Monthly Income||0.3x||0.24x||0.2x|
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 119, 1.2x Homeland.
Murrieta, CA has a cost of living index of 130, 1.4x Homeland.
Lakeland, FL has a cost of living index of 90, 0.9x Homeland.
|City||Population||Cost Of Living||Vs. Homeland|
|Moreno Valley, CA||208,371||119||1.2x|
|San Jacinto, CA||53,299||105||1.1x|
|French Valley, CA||40,188||136||1.4x|
|East Hemet, CA||19,998||110||1.1x|