Cost of living in Lompoc 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 Lompoc 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 Lompoc is 117, with 100 being the average.
The cost of living index in Lompoc is 1.2x higher than the national average.
Lompoc ranks as the #170 cheapest in California out of 635.
Lompoc ranks as the #4,628 cheapest out of 6,412 in the US.
The median home value in Lompoc is $353,100.
The median income in Lompoc is $60,234.
According to the most recent data on the cost of living, Lompoc has an overall cost of living index of 117, which is 1.2x higher than the national index of 100.
Compared to California, Lompoc has a cost of living index that's 0.8x lower than California's index of 139.
The standard of living in Lompoc ranks as #170 most affordable out of the 635 places we measured in California. By definition, that implies Lompoc ranks as the #465 most expensive place in the Golden State.
For more reading on life in Lompoc, check out:
Six factors go into calculating the cost of living index in Lompoc. Here is how it fairs on each of the criteria:
The Services index in Lompoc is 105.
The Groceries index in Lompoc is 104.
The Health index in Lompoc is 109.
The Housing index in Lompoc is 127.
The Transportation index in Lompoc is 130.
The Utilities index in Lompoc is 165.
|Living Expense||Lompoc||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 Lompoc is $353,100.
The Median Rent in Lompoc is $1,294.
The Median Income in Lompoc is $60,234.
The Home Value To Income in Lompoc is 5.9x.
The Rent To Monthly Income in Lompoc is 0.26x.
|Median Home Value||$353,100||$573,200||$244,900|
|Home Value To Income||5.9x||6.8x||3.5x|
|Rent To Monthly Income||0.26x||0.24x||0.2x|
The cost of living varies in the cities and towns around Lompoc. Here's a quick look at the cost of living in the most populous nearby places:
Santa Maria, CA has a cost of living index of 125, 1.1x Lompoc.
Santa Barbara, CA has a cost of living index of 197, 1.7x Lompoc.
San Luis Obispo, CA has a cost of living index of 158, 1.4x Lompoc.
|City||Population||Cost Of Living||Vs. Lompoc|
|Santa Maria, CA||109,309||125||1.1x|
|Santa Barbara, CA||89,132||197||1.7x|
|San Luis Obispo, CA||47,257||158||1.4x|
|Arroyo Grande, CA||18,422||147||1.3x|
|Los Osos, CA||15,692||143||1.2x|
|Grover Beach, CA||12,846||144||1.2x|