Parkway, CA Cost Of Living
Cost Of Living In Parkway, CA Summary
Cost of living in Parkway 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 Parkway 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 Parkway is 115, with 100 being the average.
The cost of living index in Parkway is 1.1x higher than the national average.
Parkway ranks as the #82 cheapest in California out of 634.
Parkway ranks as the #4,090 cheapest out of 6,489 in the US.
The median home value in Parkway is $390,095.
The median income in Parkway is $64,380.
Table Of Contents
Parkway's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Parkway, CA?
According to the most recent data on the cost of living, Parkway has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to California, Parkway has a cost of living index that's 0.8x lower than California's index of 141.
The standard of living in Parkway ranks as #82 most affordable out of the 634 places we measured in California. By definition, that implies Parkway ranks as the #552 most expensive place in the Golden State.
For more reading on life in Parkway, check out:
In California
In America
Parkway Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Parkway. Here is how it fairs on each of the criteria:
The Services index in Parkway is 109.
The Groceries index in Parkway is 109.
The Health index in Parkway is 114.
The Housing index in Parkway is 127.
The Transportation index in Parkway is 123.
The Utilities index in Parkway is 115.
| Living Expense | Parkway | California | National Average | |
|---|---|---|---|---|
| Overall | 115 | 141 | 100 | |
| Services | 109 | 110 | 100 | |
| Groceries | 109 | 112 | 100 | |
| Health | 114 | 110 | 100 | |
| Housing | 127 | 195 | 100 | |
| Transportation | 123 | 125 | 100 | |
| Utilities | 115 | 128 | 100 | |
Parkway, 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 Parkway is $390,095.
The Median Rent in Parkway is $1,402.
The Median Income in Parkway is $64,380.
The Home Value To Income in Parkway is 6.1x.
The Rent To Monthly Income in Parkway is 0.26x.
| Statistic | Parkway | California | United States |
|---|---|---|---|
| Median Home Value | $390,095 | $763,287 | $303,400 |
| Median Rent | $1,402 | $1,956 | $1,348 |
| Median Income | $64,380 | $96,334 | $78,538 |
| Home Value To Income | 6.1x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.26x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Parkway, CA Costs By Category
Detailed Parkway Services Costs Vs. California
| Item | Parkway | California |
|---|---|---|
| Shampoo | $1.44 | $1.28 |
| Movie | $13.76 | $12.13 |
| Bowling | $22.22 | $18 |
| Haircut | $40.0 | $24.26 |
| Beauty Salon | $60.53 | $45.56 |
Detailed Parkway Groceries Costs Vs. California
| Item | Parkway | California |
|---|---|---|
| Ground Beef | $5.56 | $5.84 |
| Fried Chicken | $2.06 | $1.57 |
| Milk | $4.93 | $4.67 |
| Potatoes | $4.69 | $4.93 |
| Pizza | $13.98 | $12.09 |
| Beer | $10.49 | $10.41 |
| Toothpaste | $3.67 | $3.7 |
Detailed Parkway Health Costs Vs. California
| Item | Parkway | California |
|---|---|---|
| Optometrist | $153.5 | $125.68 |
| Doctor | $201.43 | $135.78 |
| Dentist | $115.72 | $113.29 |
Detailed Parkway Transportation Costs Vs. California
| Item | Parkway | California |
|---|---|---|
| Gasoline | $4.51 | $3.46 |
| Tire Balancing | $58.67 | $59.92 |
Detailed Parkway Utilities Costs Vs. California
| Item | Parkway | California |
|---|---|---|
| All Electricity | $238.53 | $193.99 |
| Phone | $190.81 | $192.25 |
Parkway SnackAbility
/10
Cost Of Living In Cities Around Parkway
The cost of living varies in the cities and towns around Parkway. Here's a quick look at the cost of living in the most populous nearby places:
Sacramento, CA has a cost of living index of 134, 1.2x Parkway.
Elk Grove, CA has a cost of living index of 142, 1.2x Parkway.
Citrus Heights, CA has a cost of living index of 127, 1.1x Parkway.
| City | Population | Cost Of Living | Vs. Parkway |
|---|---|---|---|
| Sacramento, CA | 524,802 | 134 | 1.2x |
| Elk Grove, CA | 177,221 | 142 | 1.2x |
| Citrus Heights, CA | 87,036 | 127 | 1.1x |
| Davis, CA | 66,801 | 172 | 1.5x |
| West Sacramento, CA | 54,496 | 132 | 1.1x |
| Florin, CA | 49,536 | 122 | 1.1x |
| Antelope, CA | 49,080 | 132 | 1.1x |
| Vineyard, CA | 42,645 | 136 | 1.2x |
| Orangevale, CA | 35,219 | 138 | 1.2x |
| Fair Oaks, CA | 32,030 | 150 | 1.3x |
