Cost of living in La Crescenta-Montrose 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 La Crescenta-Montrose 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 La Crescenta-Montrose is 174, with 100 being the average.
The cost of living index in La Crescenta-Montrose is 1.7x higher than the national average.
La Crescenta-Montrose ranks as the #520 cheapest in California out of 635.
La Crescenta-Montrose ranks as the #6,169 cheapest out of 6,412 in the US.
The median home value in La Crescenta-Montrose is $923,600.
The median income in La Crescenta-Montrose is $107,954.
According to the most recent data on the cost of living, La Crescenta-Montrose has an overall cost of living index of 174, which is 1.7x higher than the national index of 100.
Compared to California, La Crescenta-Montrose has a cost of living index that's 1.3x higher than California's index of 139.
The standard of living in La Crescenta-Montrose ranks as #520 most affordable out of the 635 places we measured in California. By definition, that implies La Crescenta-Montrose ranks as the #115 most expensive place in the Golden State.
For more reading on life in La Crescenta-Montrose, check out:
Six factors go into calculating the cost of living index in La Crescenta-Montrose. Here is how it fairs on each of the criteria:
The Services index in La Crescenta-Montrose is 117.
The Groceries index in La Crescenta-Montrose is 116.
The Health index in La Crescenta-Montrose is 110.
The Housing index in La Crescenta-Montrose is 310.
The Transportation index in La Crescenta-Montrose is 136.
The Utilities index in La Crescenta-Montrose is 107.
|Living Expense||La Crescenta-Montrose||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 La Crescenta-Montrose is $923,600.
The Median Rent in La Crescenta-Montrose is $1,858.
The Median Income in La Crescenta-Montrose is $107,954.
The Home Value To Income in La Crescenta-Montrose is 8.6x.
The Rent To Monthly Income in La Crescenta-Montrose is 0.21x.
|Statistic||La Crescenta-Montrose||California||United States|
|Median Home Value||$923,600||$573,200||$244,900|
|Home Value To Income||8.6x||6.8x||3.5x|
|Rent To Monthly Income||0.21x||0.24x||0.2x|
The cost of living varies in the cities and towns around La Crescenta-Montrose. Here's a quick look at the cost of living in the most populous nearby places:
Santa Clarita, CA has a cost of living index of 146, 0.8x La Crescenta-Montrose.
Glendale, CA has a cost of living index of 168, 1.0x La Crescenta-Montrose.
Pasadena, CA has a cost of living index of 169, 1.0x La Crescenta-Montrose.
|City||Population||Cost Of Living||Vs. La Crescenta-Montrose|
|Santa Clarita, CA||227,182||146||0.8x|
|Monterey Park, CA||61,153||153||0.9x|
|San Gabriel, CA||39,673||164||0.9x|
|South Pasadena, CA||26,837||195||1.1x|
|San Fernando, CA||24,086||133||0.8x|
|West Puente Valley, CA||23,003||133||0.8x|
|Avocado Heights, CA||13,322||141||0.8x|