Lake Los Angeles, CA Cost Of Living
Cost Of Living In Lake Los Angeles, CA Summary
Cost of living in Lake Los Angeles 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 Lake Los Angeles 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 Lake Los Angeles is 112, with 100 being the average.
The cost of living index in Lake Los Angeles is 1.1x higher than the national average.
Lake Los Angeles ranks as the #63 cheapest in California out of 634.
Lake Los Angeles ranks as the #3,863 cheapest out of 6,489 in the US.
The median home value in Lake Los Angeles is $312,603.
The median income in Lake Los Angeles is $60,999.
Table Of Contents
Lake Los Angeles's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Lake Los Angeles, CA?
According to the most recent data on the cost of living, Lake Los Angeles has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to California, Lake Los Angeles has a cost of living index that's 0.8x lower than California's index of 141.
The standard of living in Lake Los Angeles ranks as #63 most affordable out of the 634 places we measured in California. By definition, that implies Lake Los Angeles ranks as the #571 most expensive place in the Golden State.
For more reading on life in Lake Los Angeles, check out:
In California
In America
Lake Los Angeles Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Lake Los Angeles. Here is how it fairs on each of the criteria:
The Services index in Lake Los Angeles is 116.
The Groceries index in Lake Los Angeles is 113.
The Health index in Lake Los Angeles is 107.
The Housing index in Lake Los Angeles is 109.
The Transportation index in Lake Los Angeles is 125.
The Utilities index in Lake Los Angeles is 111.
| Living Expense | Lake Los Angeles | California | National Average | |
|---|---|---|---|---|
| Overall | 112 | 141 | 100 | |
| Services | 116 | 110 | 100 | |
| Groceries | 113 | 112 | 100 | |
| Health | 107 | 110 | 100 | |
| Housing | 109 | 195 | 100 | |
| Transportation | 125 | 125 | 100 | |
| Utilities | 111 | 128 | 100 | |
Lake Los Angeles, 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 2019-2023. The key points are:
The Median Home Value in Lake Los Angeles is $312,603.
The Median Rent in Lake Los Angeles is $1,351.
The Median Income in Lake Los Angeles is $60,999.
The Home Value To Income in Lake Los Angeles is 5.1x.
The Rent To Monthly Income in Lake Los Angeles is 0.27x.
| Statistic | Lake Los Angeles | California | United States |
|---|---|---|---|
| Median Home Value | $312,603 | $763,287 | $303,400 |
| Median Rent | $1,351 | $1,956 | $1,348 |
| Median Income | $60,999 | $96,334 | $78,538 |
| Home Value To Income | 5.1x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.27x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Lake Los Angeles, CA Costs By Category
Detailed Lake Los Angeles Services Costs Vs. California
| Item | Lake Los Angeles | California |
|---|---|---|
| Shampoo | $1.41 | $1.28 |
| Movie | $13.46 | $12.13 |
| Bowling | $19.07 | $18 |
| Haircut | $24.67 | $24.26 |
| Beauty Salon | $49.33 | $45.56 |
Detailed Lake Los Angeles Groceries Costs Vs. California
| Item | Lake Los Angeles | California |
|---|---|---|
| Ground Beef | $6.26 | $5.84 |
| Fried Chicken | $2.08 | $1.57 |
| Milk | $4.76 | $4.67 |
| Potatoes | $4.94 | $4.93 |
| Pizza | $16.13 | $12.09 |
| Beer | $9.6 | $10.41 |
| Toothpaste | $3.76 | $3.7 |
Detailed Lake Los Angeles Health Costs Vs. California
| Item | Lake Los Angeles | California |
|---|---|---|
| Optometrist | $129.09 | $125.68 |
| Doctor | $119.86 | $135.78 |
| Dentist | $108.07 | $113.29 |
Detailed Lake Los Angeles Transportation Costs Vs. California
| Item | Lake Los Angeles | California |
|---|---|---|
| Gasoline | $4.47 | $3.46 |
| Tire Balancing | $58.33 | $59.92 |
Detailed Lake Los Angeles Utilities Costs Vs. California
| Item | Lake Los Angeles | California |
|---|---|---|
| All Electricity | $326.49 | $193.99 |
| Phone | $182.78 | $192.25 |
Lake Los Angeles SnackAbility
/10
Cost Of Living In Cities Around Lake Los Angeles
The cost of living varies in the cities and towns around Lake Los Angeles. Here's a quick look at the cost of living in the most populous nearby places:
Lancaster, CA has a cost of living index of 124, 1.1x Lake Los Angeles.
Palmdale, CA has a cost of living index of 130, 1.2x Lake Los Angeles.
Diamond Bar, CA has a cost of living index of 174, 1.6x Lake Los Angeles.
| City | Population | Cost Of Living | Vs. Lake Los Angeles |
|---|---|---|---|
| Lancaster, CA | 170,013 | 124 | 1.1x |
| Palmdale, CA | 165,487 | 130 | 1.2x |
| Diamond Bar, CA | 53,750 | 174 | 1.6x |
| La Mirada, CA | 46,945 | 163 | 1.5x |
| La Verne, CA | 30,804 | 159 | 1.4x |
| Walnut, CA | 27,857 | 194 | 1.7x |
| West Puente Valley, CA | 22,198 | 151 | 1.3x |
| Valinda, CA | 21,626 | 145 | 1.3x |
| Phelan, CA | 18,059 | 122 | 1.1x |
| Vincent, CA | 15,151 | 146 | 1.3x |
