Cost of living in Los Gatos 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 Los Gatos 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 Los Gatos is 257, with 100 being the average.
The cost of living index in Los Gatos is 2.6x higher than the national average.
Los Gatos ranks as the #614 cheapest in California out of 635.
Los Gatos ranks as the #6,388 cheapest out of 6,412 in the US.
The median home value in Los Gatos is $1,893,200.
The median income in Los Gatos is $166,642.
According to the most recent data on the cost of living, Los Gatos has an overall cost of living index of 257, which is 2.6x higher than the national index of 100.
Compared to California, Los Gatos has a cost of living index that's 1.8x higher than California's index of 139.
The standard of living in Los Gatos ranks as #614 most affordable out of the 635 places we measured in California. By definition, that implies Los Gatos ranks as the #21 most expensive place in the Golden State.
For more reading on life in Los Gatos, check out:
Six factors go into calculating the cost of living index in Los Gatos. Here is how it fairs on each of the criteria:
The Services index in Los Gatos is 118.
The Groceries index in Los Gatos is 133.
The Health index in Los Gatos is 126.
The Housing index in Los Gatos is 568.
The Transportation index in Los Gatos is 145.
The Utilities index in Los Gatos is 135.
Living Expense | Los Gatos | California | National Average | |
---|---|---|---|---|
Overall | 257 | 139 | 100 | |
Services | 118 | 110 | 100 | |
Groceries | 133 | 112 | 100 | |
Health | 126 | 109 | 100 | |
Housing | 568 | 204 | 100 | |
Transportation | 145 | 126 | 100 | |
Utilities | 135 | 124 | 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 2017-2021. The key points are:
The Median Home Value in Los Gatos is $1,893,200.
The Median Rent in Los Gatos is $2,684.
The Median Income in Los Gatos is $166,642.
The Home Value To Income in Los Gatos is 11.4x.
The Rent To Monthly Income in Los Gatos is 0.19x.
Statistic | Los Gatos | California | United States |
---|---|---|---|
Median Home Value | $1,893,200 | $573,200 | $244,900 |
Median Rent | $2,684 | $1,698 | $1,163 |
Median Income | $166,642 | $84,097 | $69,021 |
Home Value To Income | 11.4x | 6.8x | 3.5x |
Rent To Monthly Income | 0.19x | 0.24x | 0.2x |
Item | Los Gatos | California |
---|---|---|
Shampoo | $1.39 | $1.06 |
Movie | $13.23 | $10.68 |
Bowling | $19.56 | $14.67 |
Haircut | $19.39 | $18.62 |
Beauty Salon | $67.86 | $39.05 |
Item | Los Gatos | California |
---|---|---|
Ground Beef | $3.73 | $4.22 |
Fried Chicken | $1.89 | $1.39 |
Milk | $2.87 | $2.05 |
Potatoes | $3.35 | $3.29 |
Pizza | $12.66 | $10.62 |
Beer | $10.57 | $9.38 |
Toothpaste | $3.07 | $2.34 |
Item | Los Gatos | California |
---|---|---|
Optometrist | $136.92 | $108.57 |
Doctor | $146.83 | $116.17 |
Dentist | $133.38 | $99.13 |
Item | Los Gatos | California |
---|---|---|
Gasoline | $3.38 | $2.22 |
Tire Balancing | $62.03 | $50.07 |
Item | Los Gatos | California |
---|---|---|
All Electricity | $269.4 | $167.67 |
Phone | $187.26 | $175.64 |
The cost of living varies in the cities and towns around Los Gatos. Here's a quick look at the cost of living in the most populous nearby places:
San Jose, CA has a cost of living index of 179, 0.7x Los Gatos.
Sunnyvale, CA has a cost of living index of 204, 0.8x Los Gatos.
Santa Clara, CA has a cost of living index of 192, 0.7x Los Gatos.
City | Population | Cost Of Living | Vs. Los Gatos |
---|---|---|---|
San Jose, CA | 1,013,337 | 179 | 0.7x |
Sunnyvale, CA | 155,550 | 204 | 0.8x |
Santa Clara, CA | 127,922 | 192 | 0.7x |
Mountain View, CA | 82,409 | 220 | 0.9x |
Milpitas, CA | 79,593 | 181 | 0.7x |
Palo Alto, CA | 68,624 | 303 | 1.2x |
Cupertino, CA | 60,681 | 252 | 1.0x |
Campbell, CA | 43,954 | 199 | 0.8x |
Los Altos, CA | 31,562 | 340 | 1.3x |
Saratoga, CA | 31,194 | 310 | 1.2x |