Nuevo, CA Cost Of Living
Cost Of Living In Nuevo, CA Summary
Cost of living in Nuevo 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 Nuevo 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 Nuevo is 131, with 100 being the average.
The cost of living index in Nuevo is 1.3x higher than the national average.
Nuevo ranks as the #189 cheapest in California out of 634.
Nuevo ranks as the #5,035 cheapest out of 6,489 in the US.
The median home value in Nuevo is $559,407.
The median income in Nuevo is $92,443.
Table Of Contents
Nuevo's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Nuevo, CA?
According to the most recent data on the cost of living, Nuevo has an overall cost of living index of 131, which is 1.3x higher than the national index of 100.
Compared to California, Nuevo has a cost of living index that's 0.9x lower than California's index of 141.
The standard of living in Nuevo ranks as #189 most affordable out of the 634 places we measured in California. By definition, that implies Nuevo ranks as the #445 most expensive place in the Golden State.
For more reading on life in Nuevo, check out:
In California
In America
Nuevo Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Nuevo. Here is how it fairs on each of the criteria:
The Services index in Nuevo is 110.
The Groceries index in Nuevo is 111.
The Health index in Nuevo is 97.
The Housing index in Nuevo is 183.
The Transportation index in Nuevo is 125.
The Utilities index in Nuevo is 96.
| Living Expense | Nuevo | California | National Average | |
|---|---|---|---|---|
| Overall | 131 | 141 | 100 | |
| Services | 110 | 110 | 100 | |
| Groceries | 111 | 112 | 100 | |
| Health | 97 | 110 | 100 | |
| Housing | 183 | 195 | 100 | |
| Transportation | 125 | 125 | 100 | |
| Utilities | 96 | 128 | 100 | |
Nuevo, 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 Nuevo is $559,407.
The Median Rent in Nuevo is $1,552.
The Median Income in Nuevo is $92,443.
The Home Value To Income in Nuevo is 6.1x.
The Rent To Monthly Income in Nuevo is 0.2x.
| Statistic | Nuevo | California | United States |
|---|---|---|---|
| Median Home Value | $559,407 | $763,287 | $303,400 |
| Median Rent | $1,552 | $1,956 | $1,348 |
| Median Income | $92,443 | $96,334 | $78,538 |
| Home Value To Income | 6.1x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Nuevo, CA Costs By Category
Detailed Nuevo Services Costs Vs. California
| Item | Nuevo | 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 |
Detailed Nuevo Groceries Costs Vs. California
| Item | Nuevo | 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 |
Detailed Nuevo Health Costs Vs. California
| Item | Nuevo | California |
|---|---|---|
| Optometrist | $112.92 | $125.68 |
| Doctor | $95.5 | $135.78 |
| Dentist | $117.28 | $113.29 |
Detailed Nuevo Transportation Costs Vs. California
| Item | Nuevo | California |
|---|---|---|
| Gasoline | $4.75 | $3.46 |
| Tire Balancing | $61.38 | $59.92 |
Detailed Nuevo Utilities Costs Vs. California
| Item | Nuevo | California |
|---|---|---|
| All Electricity | $378.97 | $193.99 |
| Phone | $180.31 | $192.25 |
Nuevo SnackAbility
/10
Cost Of Living In Cities Around Nuevo
The cost of living varies in the cities and towns around Nuevo. Here's a quick look at the cost of living in the most populous nearby places:
Murrieta, CA has a cost of living index of 144, 1.1x Nuevo.
Menifee, CA has a cost of living index of 135, 1.0x Nuevo.
Perris, CA has a cost of living index of 127, 1.0x Nuevo.
| City | Population | Cost Of Living | Vs. Nuevo |
|---|---|---|---|
| Murrieta, CA | 111,621 | 144 | 1.1x |
| Menifee, CA | 107,020 | 135 | 1.0x |
| Perris, CA | 79,349 | 127 | 1.0x |
| Redlands, CA | 72,985 | 141 | 1.1x |
| San Jacinto, CA | 54,756 | 121 | 0.9x |
| Yucaipa, CA | 54,348 | 129 | 1.0x |
| French Valley, CA | 42,550 | 150 | 1.1x |
| Temescal Valley, CA | 28,560 | 153 | 1.2x |
| Loma Linda, CA | 25,021 | 136 | 1.0x |
| Mead Valley, CA | 19,588 | 122 | 0.9x |
