Rancho Mirage, CA Cost Of Living
Cost Of Living In Rancho Mirage, CA Summary
Cost of living in Rancho Mirage 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 Rancho Mirage 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 Rancho Mirage is 152, with 100 being the average.
The cost of living index in Rancho Mirage is 1.5x higher than the national average.
Rancho Mirage ranks as the #328 cheapest in California out of 634.
Rancho Mirage ranks as the #5,746 cheapest out of 6,489 in the US.
The median home value in Rancho Mirage is $836,465.
The median income in Rancho Mirage is $109,943.
Table Of Contents
Rancho Mirage's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Rancho Mirage, CA?
According to the most recent data on the cost of living, Rancho Mirage has an overall cost of living index of 152, which is 1.5x higher than the national index of 100.
Compared to California, Rancho Mirage has a cost of living index that's 1.1x higher than California's index of 141.
The standard of living in Rancho Mirage ranks as #328 most affordable out of the 634 places we measured in California. By definition, that implies Rancho Mirage ranks as the #306 most expensive place in the Golden State.
For more reading on life in Rancho Mirage, check out:
In California
In America
Rancho Mirage Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Rancho Mirage. Here is how it fairs on each of the criteria:
The Services index in Rancho Mirage is 111.
The Groceries index in Rancho Mirage is 114.
The Health index in Rancho Mirage is 97.
The Housing index in Rancho Mirage is 246.
The Transportation index in Rancho Mirage is 124.
The Utilities index in Rancho Mirage is 96.
| Living Expense | Rancho Mirage | California | National Average | |
|---|---|---|---|---|
| Overall | 152 | 141 | 100 | |
| Services | 111 | 110 | 100 | |
| Groceries | 114 | 112 | 100 | |
| Health | 97 | 110 | 100 | |
| Housing | 246 | 195 | 100 | |
| Transportation | 124 | 125 | 100 | |
| Utilities | 96 | 128 | 100 | |
Rancho Mirage, 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 Rancho Mirage is $836,465.
The Median Rent in Rancho Mirage is $1,575.
The Median Income in Rancho Mirage is $109,943.
The Home Value To Income in Rancho Mirage is 7.6x.
The Rent To Monthly Income in Rancho Mirage is 0.17x.
| Statistic | Rancho Mirage | California | United States |
|---|---|---|---|
| Median Home Value | $836,465 | $763,287 | $303,400 |
| Median Rent | $1,575 | $1,956 | $1,348 |
| Median Income | $109,943 | $96,334 | $78,538 |
| Home Value To Income | 7.6x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Rancho Mirage, CA Costs By Category
Detailed Rancho Mirage Services Costs Vs. California
| Item | Rancho Mirage | 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 Rancho Mirage Groceries Costs Vs. California
| Item | Rancho Mirage | 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 Rancho Mirage Health Costs Vs. California
| Item | Rancho Mirage | California |
|---|---|---|
| Optometrist | $112.92 | $125.68 |
| Doctor | $95.5 | $135.78 |
| Dentist | $117.28 | $113.29 |
Detailed Rancho Mirage Transportation Costs Vs. California
| Item | Rancho Mirage | California |
|---|---|---|
| Gasoline | $4.75 | $3.46 |
| Tire Balancing | $61.38 | $59.92 |
Detailed Rancho Mirage Utilities Costs Vs. California
| Item | Rancho Mirage | California |
|---|---|---|
| All Electricity | $378.97 | $193.99 |
| Phone | $180.31 | $192.25 |
Rancho Mirage SnackAbility
/10
Cost Of Living In Cities Around Rancho Mirage
The cost of living varies in the cities and towns around Rancho Mirage. Here's a quick look at the cost of living in the most populous nearby places:
Indio, CA has a cost of living index of 124, 0.8x Rancho Mirage.
Palm Desert, CA has a cost of living index of 134, 0.9x Rancho Mirage.
Palm Springs, CA has a cost of living index of 132, 0.9x Rancho Mirage.
| City | Population | Cost Of Living | Vs. Rancho Mirage |
|---|---|---|---|
| Indio, CA | 90,669 | 124 | 0.8x |
| Palm Desert, CA | 51,551 | 134 | 0.9x |
| Palm Springs, CA | 44,998 | 132 | 0.9x |
| Coachella, CA | 42,594 | 116 | 0.8x |
| La Quinta, CA | 38,299 | 139 | 0.9x |
| Bermuda Dunes, CA | 8,074 | 137 | 0.9x |
| Thousand Palms, CA | 7,662 | 112 | 0.7x |
| Desert Palms, CA | 6,522 | 143 | 0.9x |
