Malibu, CA Cost Of Living
Cost Of Living In Malibu, CA Summary
Cost of living in Malibu 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 Malibu 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 Malibu is 313, with 100 being the average.
The cost of living index in Malibu is 3.1x higher than the national average.
Malibu ranks as the #627 cheapest in California out of 635.
Malibu ranks as the #6,403 cheapest out of 6,412 in the US.
The median home value in Malibu is $2,000,001.
The median income in Malibu is $178,594.
Table Of Contents
Malibu's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Malibu, CA?
According to the most recent data on the cost of living, Malibu has an overall cost of living index of 313, which is 3.1x higher than the national index of 100.
Compared to California, Malibu has a cost of living index that's 2.3x higher than California's index of 139.
The standard of living in Malibu ranks as #627 most affordable out of the 635 places we measured in California. By definition, that implies Malibu ranks as the #8 most expensive place in the Golden State.
For more reading on life in Malibu, check out:
- Living In Malibu
- Malibu Crime Report
- Search Homes For Sale In Malibu, CA
In California
In America
Malibu Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Malibu. Here is how it fairs on each of the criteria:
The Services index in Malibu is 114.
The Groceries index in Malibu is 114.
The Health index in Malibu is 112.
The Housing index in Malibu is 769.
The Transportation index in Malibu is 136.
The Utilities index in Malibu is 106.
| Living Expense | Malibu | California | National Average | |
|---|---|---|---|---|
| Overall | 313 | 139 | 100 | |
| Services | 114 | 110 | 100 | |
| Groceries | 114 | 112 | 100 | |
| Health | 112 | 109 | 100 | |
| Housing | 769 | 204 | 100 | |
| Transportation | 136 | 126 | 100 | |
| Utilities | 106 | 124 | 100 | |
Malibu, 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 2017-2021. The key points are:
The Median Home Value in Malibu is $2,000,001.
The Median Rent in Malibu is $3,067.
The Median Income in Malibu is $178,594.
The Home Value To Income in Malibu is 11.2x.
The Rent To Monthly Income in Malibu is 0.21x.
| Statistic | Malibu | California | United States |
|---|---|---|---|
| Median Home Value | $2,000,001 | $573,200 | $244,900 |
| Median Rent | $3,067 | $1,698 | $1,163 |
| Median Income | $178,594 | $84,097 | $69,021 |
| Home Value To Income | 11.2x | 6.8x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.24x | 0.2x |
Median Home Value
Median Rent
Median Income
Malibu, CA Costs By Category
Detailed Malibu Services Costs Vs. California
| Item | Malibu | California |
|---|---|---|
| Shampoo | $1.17 | $1.06 |
| Movie | $16.3 | $10.68 |
| Bowling | $21.33 | $14.67 |
| Haircut | $22.57 | $18.62 |
| Beauty Salon | $76.5 | $39.05 |
Detailed Malibu Groceries Costs Vs. California
| Item | Malibu | California |
|---|---|---|
| Ground Beef | $4.58 | $4.22 |
| Fried Chicken | $1.72 | $1.39 |
| Milk | $2.19 | $2.05 |
| Potatoes | $2.99 | $3.29 |
| Pizza | $11.66 | $10.62 |
| Beer | $9.82 | $9.38 |
| Toothpaste | $2.51 | $2.34 |
Detailed Malibu Health Costs Vs. California
| Item | Malibu | California |
|---|---|---|
| Optometrist | $125.58 | $108.57 |
| Doctor | $125.0 | $116.17 |
| Dentist | $110.78 | $99.13 |
Detailed Malibu Transportation Costs Vs. California
| Item | Malibu | California |
|---|---|---|
| Gasoline | $3.31 | $2.22 |
| Tire Balancing | $50.62 | $50.07 |
Detailed Malibu Utilities Costs Vs. California
| Item | Malibu | California |
|---|---|---|
| All Electricity | $185.68 | $167.67 |
| Phone | $189.51 | $175.64 |
Malibu SnackAbility
/10
Cost Of Living In Cities Around Malibu
The cost of living varies in the cities and towns around Malibu. Here's a quick look at the cost of living in the most populous nearby places:
Thousand Oaks, CA has a cost of living index of 173, 0.6x Malibu.
Simi Valley, CA has a cost of living index of 153, 0.5x Malibu.
Santa Monica, CA has a cost of living index of 220, 0.7x Malibu.
| City | Population | Cost Of Living | Vs. Malibu |
|---|---|---|---|
| Thousand Oaks, CA | 127,274 | 173 | 0.6x |
| Simi Valley, CA | 126,809 | 153 | 0.5x |
| Santa Monica, CA | 92,828 | 220 | 0.7x |
| Camarillo, CA | 70,593 | 157 | 0.5x |
| Moorpark, CA | 36,201 | 161 | 0.5x |
| Calabasas, CA | 23,410 | 208 | 0.7x |
| Agoura Hills, CA | 20,362 | 181 | 0.6x |
| Oak Park, CA | 13,561 | 181 | 0.6x |
| Marina del Rey, CA | 9,355 | 163 | 0.5x |
| Topanga, CA | 8,255 | 207 | 0.7x |
