What is the cost of living in Palos Verdes Estates, CA?
According to the most recent data on the cost of living, Palos Verdes Estates has an overall cost of living index of 331, which is 3.3x higher than the national index of 100.
Compared to California, Palos Verdes Estates has a cost of living index that's 2.3x higher than California's index of 142.
The standard of living in Palos Verdes Estates ranks as #615 most affordable out of the 634 places we measured in California. By definition, that implies Palos Verdes Estates ranks as the #19 most expensive place in the Golden State.
For more reading on life in Palos Verdes Estates, check out:
Palos Verdes Estates Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Palos Verdes Estates. Here is how it fares on each of the criteria:
The Services index in Palos Verdes Estates is 107.
The Groceries index in Palos Verdes Estates is 112.
The Health index in Palos Verdes Estates is 841.
The Housing index in Palos Verdes Estates is 115.
The Transportation index in Palos Verdes Estates is 117.
The Utilities index in Palos Verdes Estates is 115.
| Living Expense | Palos Verdes Estates | California | National Average |
|---|---|---|---|
| Overall | 331 | 142 | 100 |
| Services | 107 | 110 | 100 |
| Groceries | 112 | 118 | 100 |
| Health | 841 | 197 | 100 |
| Housing | 115 | 120 | 100 |
| Transportation | 117 | 121 | 100 |
| Utilities | 115 | 121 | 100 |
Palos Verdes Estates Cost Of Living Compared To California Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around California, check out:
Protect your home budget Compare home warranties in Palos Verdes Estates Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Palos Verdes Estates, 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 2020-2024. The key points are:
The Median Home Value in Palos Verdes Estates is $2,763,820.
The Median Rent in Palos Verdes Estates is $3,217.
The Median Income in Palos Verdes Estates is $242,014.
The Home Value To Income in Palos Verdes Estates is 11.4x.
The Rent To Monthly Income in Palos Verdes Estates is 0.16x.
| Statistic | Palos Verdes Estates | California | United States |
|---|---|---|---|
| Median Home Value | $2,763,820 | $774,581 | $332,700 |
| Median Rent | $3,217 | $2,036 | $1,413 |
| Median Income | $242,014 | $99,122 | $80,734 |
| Home Value To Income | 11.4x | 7.8x | 4.1x |
| Rent To Monthly Income | 0.16x | 0.25x | 0.21x |
Palos Verdes Estates, CA Costs By Category
Detailed Palos Verdes Estates Services costs vs. California
| Item | Palos Verdes Estates | California |
|---|---|---|
| Shampoo | $1.41 | $1.28 |
| Movie | $13.46 | $12.13 |
| Bowling | $19.07 | $18 |
| Haircut | $24.67 | $24.26 |
| Beauty Salon | $49.33 | $45.56 |
Detailed Palos Verdes Estates Groceries costs vs. California
| Item | Palos Verdes Estates | California |
|---|---|---|
| Ground Beef | $6.26 | $5.84 |
| Fried Chicken | $2.08 | $1.57 |
| Milk | $4.76 | $4.67 |
| Potatoes | $4.94 | $4.93 |
| Pizza | $16.13 | $12.09 |
| Beer | $9.6 | $10.41 |
| Toothpaste | $3.76 | $3.7 |
Detailed Palos Verdes Estates Health costs vs. California
| Item | Palos Verdes Estates | California |
|---|---|---|
| Optometrist | $129.09 | $125.68 |
| Doctor | $119.86 | $135.78 |
| Dentist | $108.07 | $113.29 |
Detailed Palos Verdes Estates Transportation costs vs. California
| Item | Palos Verdes Estates | California |
|---|---|---|
| Gasoline | $4.47 | $3.46 |
| Tire Balancing | $58.33 | $59.92 |
Detailed Palos Verdes Estates Utilities costs vs. California
| Item | Palos Verdes Estates | California |
|---|---|---|
| All Electricity | $326.49 | $193.99 |
| Phone | $182.78 | $192.25 |
Palos Verdes Estates SnackAbility
Cost Of Living In Cities Around Palos Verdes Estates
The cost of living varies in the cities and towns around Palos Verdes Estates. Here's a quick look at the cost of living in the most populous nearby places:
Torrance, CA has a cost of living index of 196, 0.6x Palos Verdes Estates.
Lakewood, CA has a cost of living index of 166, 0.5x Palos Verdes Estates.
Redondo Beach, CA has a cost of living index of 213, 0.6x Palos Verdes Estates.
| City | Population | Cost Of Living | Vs. Palos Verdes Estates |
|---|---|---|---|
| Torrance, CA | 142,130 | 196 | 0.6x |
| Lakewood, CA | 79,850 | 166 | 0.5x |
| Redondo Beach, CA | 69,291 | 213 | 0.6x |
| Cerritos, CA | 47,867 | 185 | 0.6x |
| Rancho Palos Verdes, CA | 40,864 | 243 | 0.7x |
| Manhattan Beach, CA | 34,210 | 340 | 1.0x |
| Lawndale, CA | 30,781 | 159 | 0.5x |
| West Carson, CA | 22,143 | 154 | 0.5x |
| Lomita, CA | 20,225 | 171 | 0.5x |
| Hermosa Beach, CA | 19,063 | 290 | 0.9x |
