Nipomo, CA Cost Of Living
Cost Of Living In Nipomo, CA Summary
Cost of living in Nipomo 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 Nipomo 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 Nipomo is 162, with 100 being the average.
The cost of living index in Nipomo is 1.6x higher than the national average.
Nipomo ranks as the #386 cheapest in California out of 634.
Nipomo ranks as the #5,933 cheapest out of 6,489 in the US.
The median home value in Nipomo is $927,409.
The median income in Nipomo is $102,382.
Table Of Contents
Nipomo's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Nipomo, CA?
According to the most recent data on the cost of living, Nipomo has an overall cost of living index of 162, which is 1.6x higher than the national index of 100.
Compared to California, Nipomo has a cost of living index that's 1.1x higher than California's index of 141.
The standard of living in Nipomo ranks as #386 most affordable out of the 634 places we measured in California. By definition, that implies Nipomo ranks as the #248 most expensive place in the Golden State.
For more reading on life in Nipomo, check out:
In California
In America
Nipomo Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Nipomo. Here is how it fairs on each of the criteria:
The Services index in Nipomo is 107.
The Groceries index in Nipomo is 107.
The Health index in Nipomo is 92.
The Housing index in Nipomo is 273.
The Transportation index in Nipomo is 128.
The Utilities index in Nipomo is 156.
| Living Expense | Nipomo | California | National Average | |
|---|---|---|---|---|
| Overall | 162 | 141 | 100 | |
| Services | 107 | 110 | 100 | |
| Groceries | 107 | 112 | 100 | |
| Health | 92 | 110 | 100 | |
| Housing | 273 | 195 | 100 | |
| Transportation | 128 | 125 | 100 | |
| Utilities | 156 | 128 | 100 | |
Nipomo, 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 2019-2023. The key points are:
The Median Home Value in Nipomo is $927,409.
The Median Rent in Nipomo is $1,956.
The Median Income in Nipomo is $102,382.
The Home Value To Income in Nipomo is 9.1x.
The Rent To Monthly Income in Nipomo is 0.23x.
| Statistic | Nipomo | California | United States |
|---|---|---|---|
| Median Home Value | $927,409 | $763,287 | $303,400 |
| Median Rent | $1,956 | $1,956 | $1,348 |
| Median Income | $102,382 | $96,334 | $78,538 |
| Home Value To Income | 9.1x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Nipomo, CA Costs By Category
Detailed Nipomo Services Costs Vs. California
| Item | Nipomo | California |
|---|---|---|
| Shampoo | $1.48 | $1.28 |
| Movie | $18.12 | $12.13 |
| Bowling | $22.67 | $18 |
| Haircut | $26.25 | $24.26 |
| Beauty Salon | $89.33 | $45.56 |
Detailed Nipomo Groceries Costs Vs. California
| Item | Nipomo | California |
|---|---|---|
| Ground Beef | $5.77 | $5.84 |
| Fried Chicken | $2.63 | $1.57 |
| Milk | $4.91 | $4.67 |
| Potatoes | $4.9 | $4.93 |
| Pizza | $13.49 | $12.09 |
| Beer | $11.13 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
Detailed Nipomo Health Costs Vs. California
| Item | Nipomo | California |
|---|---|---|
| Optometrist | $142.2 | $125.68 |
| Doctor | $131.33 | $135.78 |
| Dentist | $131.5 | $113.29 |
Detailed Nipomo Transportation Costs Vs. California
| Item | Nipomo | California |
|---|---|---|
| Gasoline | $4.62 | $3.46 |
| Tire Balancing | $61.0 | $59.92 |
Detailed Nipomo Utilities Costs Vs. California
| Item | Nipomo | California |
|---|---|---|
| All Electricity | $231.4 | $193.99 |
| Phone | $193.81 | $192.25 |
Nipomo SnackAbility
/10
Cost Of Living In Cities Around Nipomo
The cost of living varies in the cities and towns around Nipomo. 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 136, 0.8x Nipomo.
San Luis Obispo, CA has a cost of living index of 172, 1.1x Nipomo.
Orcutt, CA has a cost of living index of 149, 0.9x Nipomo.
| City | Population | Cost Of Living | Vs. Nipomo |
|---|---|---|---|
| Santa Maria, CA | 109,880 | 136 | 0.8x |
| San Luis Obispo, CA | 48,039 | 172 | 1.1x |
| Orcutt, CA | 31,284 | 149 | 0.9x |
| Arroyo Grande, CA | 18,412 | 167 | 1.0x |
| Grover Beach, CA | 12,687 | 157 | 1.0x |
| Guadalupe, CA | 8,422 | 129 | 0.8x |
| Pismo Beach, CA | 8,024 | 185 | 1.1x |
| Oceano, CA | 7,098 | 138 | 0.9x |
