Norwalk, CA Cost Of Living
Cost Of Living In Norwalk, CA Summary
Cost of living in Norwalk 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 Norwalk 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 Norwalk is 130, with 100 being the average.
The cost of living index in Norwalk is 1.3x higher than the national average.
Norwalk ranks as the #272 cheapest in California out of 635.
Norwalk ranks as the #5,259 cheapest out of 6,412 in the US.
The median home value in Norwalk is $487,800.
The median income in Norwalk is $83,217.
Table Of Contents
Norwalk's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Norwalk, CA?
According to the most recent data on the cost of living, Norwalk has an overall cost of living index of 130, which is 1.3x higher than the national index of 100.
Compared to California, Norwalk has a cost of living index that's 0.9x lower than California's index of 139.
The standard of living in Norwalk ranks as #272 most affordable out of the 635 places we measured in California. By definition, that implies Norwalk ranks as the #363 most expensive place in the Golden State.
For more reading on life in Norwalk, check out:
- Living In Norwalk
- Norwalk Crime Report
- Search Homes For Sale In Norwalk, CA
In California
In America
Norwalk Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Norwalk. Here is how it fairs on each of the criteria:
The Services index in Norwalk is 115.
The Groceries index in Norwalk is 114.
The Health index in Norwalk is 104.
The Housing index in Norwalk is 177.
The Transportation index in Norwalk is 137.
The Utilities index in Norwalk is 89.
| Living Expense | Norwalk | California | National Average | |
|---|---|---|---|---|
| Overall | 130 | 139 | 100 | |
| Services | 115 | 110 | 100 | |
| Groceries | 114 | 112 | 100 | |
| Health | 104 | 109 | 100 | |
| Housing | 177 | 204 | 100 | |
| Transportation | 137 | 126 | 100 | |
| Utilities | 89 | 124 | 100 | |
Norwalk, 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 Norwalk is $487,800.
The Median Rent in Norwalk is $1,738.
The Median Income in Norwalk is $83,217.
The Home Value To Income in Norwalk is 5.9x.
The Rent To Monthly Income in Norwalk is 0.25x.
| Statistic | Norwalk | California | United States |
|---|---|---|---|
| Median Home Value | $487,800 | $573,200 | $244,900 |
| Median Rent | $1,738 | $1,698 | $1,163 |
| Median Income | $83,217 | $84,097 | $69,021 |
| Home Value To Income | 5.9x | 6.8x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.24x | 0.2x |
Median Home Value
Median Rent
Median Income
Norwalk, CA Costs By Category
Detailed Norwalk Services Costs Vs. California
| Item | Norwalk | 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 Norwalk Groceries Costs Vs. California
| Item | Norwalk | 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 Norwalk Health Costs Vs. California
| Item | Norwalk | California |
|---|---|---|
| Optometrist | $106.53 | $108.57 |
| Doctor | $100.28 | $116.17 |
| Dentist | $114.52 | $99.13 |
Detailed Norwalk Transportation Costs Vs. California
| Item | Norwalk | California |
|---|---|---|
| Gasoline | $3.32 | $2.22 |
| Tire Balancing | $52.6 | $50.07 |
Detailed Norwalk Utilities Costs Vs. California
| Item | Norwalk | California |
|---|---|---|
| All Electricity | $138.7 | $167.67 |
| Phone | $176.01 | $175.64 |
Norwalk SnackAbility
/10
Cost Of Living In Cities Around Norwalk
The cost of living varies in the cities and towns around Norwalk. Here's a quick look at the cost of living in the most populous nearby places:
Downey, CA has a cost of living index of 144, 1.1x Norwalk.
Lakewood, CA has a cost of living index of 143, 1.1x Norwalk.
Bellflower, CA has a cost of living index of 133, 1.0x Norwalk.
| City | Population | Cost Of Living | Vs. Norwalk |
|---|---|---|---|
| Downey, CA | 114,293 | 144 | 1.1x |
| Lakewood, CA | 82,419 | 143 | 1.1x |
| Bellflower, CA | 79,070 | 133 | 1.0x |
| South Whittier, CA | 58,800 | 135 | 1.0x |
| Cypress, CA | 50,279 | 154 | 1.2x |
| Cerritos, CA | 49,630 | 169 | 1.3x |
| La Mirada, CA | 47,957 | 147 | 1.1x |
| West Whittier-Los Nietos, CA | 26,275 | 134 | 1.0x |
| North Tustin, CA | 25,708 | 191 | 1.5x |
| West Puente Valley, CA | 23,003 | 133 | 1.0x |
