Mead Valley, CA Cost Of Living
Cost Of Living In Mead Valley, CA Summary
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 118, 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 #175 cheapest in California out of 635.
Mead Valley ranks as the #4,687 cheapest out of 6,412 in the US.
The median home value in Mead Valley is $304,300.
The median income in Mead Valley is $73,592.
Table Of Contents
Mead Valley's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Mead Valley, CA?
According to the most recent data on the cost of living, Mead Valley has an overall cost of living index of 118, which is 1.2x higher than the national index of 100.
Compared to California, Mead Valley has a cost of living index that's 0.8x lower than California's index of 139.
The standard of living in Mead Valley ranks as #175 most affordable out of the 635 places we measured in California. By definition, that implies Mead Valley ranks as the #460 most expensive place in the Golden State.
For more reading on life in Mead Valley, check out:
- Living In Mead Valley
- Search Homes For Sale In Mead Valley, CA
In California
In America
Mead Valley Cost Of Living Vs. California
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 112.
The Groceries index in Mead Valley is 112.
The Health index in Mead Valley is 105.
The Housing index in Mead Valley is 123.
The Transportation index in Mead Valley is 138.
The Utilities index in Mead Valley is 89.
| Living Expense | Mead Valley | California | National Average | |
|---|---|---|---|---|
| Overall | 118 | 139 | 100 | |
| Services | 112 | 110 | 100 | |
| Groceries | 112 | 112 | 100 | |
| Health | 105 | 109 | 100 | |
| Housing | 123 | 204 | 100 | |
| Transportation | 138 | 126 | 100 | |
| Utilities | 89 | 124 | 100 | |
Mead Valley, 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 Mead Valley is $304,300.
The Median Rent in Mead Valley is $1,322.
The Median Income in Mead Valley is $73,592.
The Home Value To Income in Mead Valley is 4.1x.
The Rent To Monthly Income in Mead Valley is 0.22x.
| Statistic | Mead Valley | California | United States |
|---|---|---|---|
| Median Home Value | $304,300 | $573,200 | $244,900 |
| Median Rent | $1,322 | $1,698 | $1,163 |
| Median Income | $73,592 | $84,097 | $69,021 |
| Home Value To Income | 4.1x | 6.8x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.24x | 0.2x |
Median Home Value
Median Rent
Median Income
Mead Valley, CA Costs By Category
Detailed Mead Valley Services Costs Vs. California
| Item | Mead Valley | California |
|---|---|---|
| Shampoo | $1.17 | $1.06 |
| Movie | $14.48 | $10.68 |
| Bowling | $24.56 | $14.67 |
| Haircut | $22.6 | $18.62 |
| Beauty Salon | $66.25 | $39.05 |
Detailed Mead Valley Groceries Costs Vs. California
| Item | Mead Valley | 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 | $2.48 | $2.34 |
Detailed Mead Valley Health Costs Vs. California
| Item | Mead Valley | California |
|---|---|---|
| Optometrist | $106.53 | $108.57 |
| Doctor | $100.28 | $116.17 |
| Dentist | $114.52 | $99.13 |
Detailed Mead Valley Transportation Costs Vs. California
| Item | Mead Valley | California |
|---|---|---|
| Gasoline | $3.32 | $2.22 |
| Tire Balancing | $52.6 | $50.07 |
Detailed Mead Valley Utilities Costs Vs. California
| Item | Mead Valley | California |
|---|---|---|
| All Electricity | $138.7 | $167.67 |
| Phone | $176.01 | $175.64 |
Mead Valley SnackAbility
/10
Cost Of Living In Cities Around Mead Valley
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 119, 1.0x Mead Valley.
Corona, CA has a cost of living index of 134, 1.1x Mead Valley.
Murrieta, CA has a cost of living index of 130, 1.1x Mead Valley.
| City | Population | Cost Of Living | Vs. Mead Valley |
|---|---|---|---|
| Moreno Valley, CA | 208,371 | 119 | 1.0x |
| Corona, CA | 157,844 | 134 | 1.1x |
| Murrieta, CA | 111,096 | 130 | 1.1x |
| Perris, CA | 78,106 | 113 | 1.0x |
| Redlands, CA | 72,649 | 128 | 1.1x |
| Eastvale, CA | 68,539 | 154 | 1.3x |
| Norco, CA | 26,176 | 145 | 1.2x |
| El Cerrito, CA | 25,898 | 177 | 1.5x |
| Loma Linda, CA | 24,712 | 122 | 1.0x |
| Woodcrest, CA | 17,492 | 141 | 1.2x |
