Cost of living in Mead Valley 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 Mead Valley 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 Mead Valley is 122, with 100 being the average.
The cost of living index in Mead Valley is 1.2x higher than the national average.
Mead Valley ranks as the #132 cheapest in California out of 634.
Mead Valley ranks as the #4,541 cheapest out of 6,489 in the US.
The median home value in Mead Valley is $458,477.
The median income in Mead Valley is $90,358.
According to the most recent data on the cost of living, Mead Valley has an overall cost of living index of 122, which is 1.2x higher than the national index of 100.
Compared to California, Mead Valley has a cost of living index that's 0.9x lower than California's index of 141.
The standard of living in Mead Valley ranks as #132 most affordable out of the 634 places we measured in California. By definition, that implies Mead Valley ranks as the #502 most expensive place in the Golden State.
For more reading on life in Mead Valley, check out:
Six factors go into calculating the cost of living index in Mead Valley. Here is how it fairs on each of the criteria:
The Services index in Mead Valley is 113.
The Groceries index in Mead Valley is 112.
The Health index in Mead Valley is 97.
The Housing index in Mead Valley is 148.
The Transportation index in Mead Valley is 123.
The Utilities index in Mead Valley is 94.
| Living Expense | Mead Valley | California | National Average | |
|---|---|---|---|---|
| Overall | 122 | 141 | 100 | |
| Services | 113 | 110 | 100 | |
| Groceries | 112 | 112 | 100 | |
| Health | 97 | 110 | 100 | |
| Housing | 148 | 195 | 100 | |
| Transportation | 123 | 125 | 100 | |
| Utilities | 94 | 128 | 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 2019-2023. The key points are:
The Median Home Value in Mead Valley is $458,477.
The Median Rent in Mead Valley is $1,673.
The Median Income in Mead Valley is $90,358.
The Home Value To Income in Mead Valley is 5.1x.
The Rent To Monthly Income in Mead Valley is 0.22x.
| Statistic | Mead Valley | California | United States |
|---|---|---|---|
| Median Home Value | $458,477 | $763,287 | $303,400 |
| Median Rent | $1,673 | $1,956 | $1,348 |
| Median Income | $90,358 | $96,334 | $78,538 |
| Home Value To Income | 5.1x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.24x | 0.21x |
| Item | Mead Valley | California |
|---|---|---|
| Shampoo | $1.34 | $1.28 |
| Movie | $11.04 | $12.13 |
| Bowling | $21.11 | $18 |
| Haircut | $27.27 | $24.26 |
| Beauty Salon | $41.78 | $45.56 |
| Item | Mead Valley | California |
|---|---|---|
| Ground Beef | $5.89 | $5.84 |
| Fried Chicken | $3.49 | $1.57 |
| Milk | $4.92 | $4.67 |
| Potatoes | $4.92 | $4.93 |
| Pizza | $15.31 | $12.09 |
| Beer | $10.26 | $10.41 |
| Toothpaste | $3.61 | $3.7 |
| Item | Mead Valley | California |
|---|---|---|
| Optometrist | $112.92 | $125.68 |
| Doctor | $95.5 | $135.78 |
| Dentist | $117.28 | $113.29 |
| Item | Mead Valley | California |
|---|---|---|
| Gasoline | $4.75 | $3.46 |
| Tire Balancing | $61.38 | $59.92 |
| Item | Mead Valley | California |
|---|---|---|
| All Electricity | $378.97 | $193.99 |
| Phone | $180.31 | $192.25 |
The cost of living varies in the cities and towns around Mead Valley. Here's a quick look at the cost of living in the most populous nearby places:
Moreno Valley, CA has a cost of living index of 132, 1.1x Mead Valley.
Corona, CA has a cost of living index of 150, 1.2x Mead Valley.
Murrieta, CA has a cost of living index of 144, 1.2x Mead Valley.
| City | Population | Cost Of Living | Vs. Mead Valley |
|---|---|---|---|
| Moreno Valley, CA | 210,378 | 132 | 1.1x |
| Corona, CA | 158,839 | 150 | 1.2x |
| Murrieta, CA | 111,621 | 144 | 1.2x |
| Perris, CA | 79,349 | 127 | 1.0x |
| Redlands, CA | 72,985 | 141 | 1.2x |
| Eastvale, CA | 70,179 | 168 | 1.4x |
| El Cerrito, CA | 25,781 | 199 | 1.6x |
| Norco, CA | 25,211 | 156 | 1.3x |
| Loma Linda, CA | 25,021 | 136 | 1.1x |
| Woodcrest, CA | 17,111 | 150 | 1.2x |