Cost of living in Redondo Beach 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 Redondo Beach 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 Redondo Beach is 212, with 100 being the average.
The cost of living index in Redondo Beach is 2.1x higher than the national average.
Redondo Beach ranks as the #547 cheapest in California out of 634.
Redondo Beach ranks as the #6,363 cheapest out of 6,489 in the US.
The median home value in Redondo Beach is $1,454,228.
The median income in Redondo Beach is $144,588.
According to the most recent data on the cost of living, Redondo Beach has an overall cost of living index of 212, which is 2.1x higher than the national index of 100.
Compared to California, Redondo Beach has a cost of living index that's 1.5x higher than California's index of 141.
The standard of living in Redondo Beach ranks as #547 most affordable out of the 634 places we measured in California. By definition, that implies Redondo Beach ranks as the #87 most expensive place in the Golden State.
For more reading on life in Redondo Beach, check out:
Six factors go into calculating the cost of living index in Redondo Beach. Here is how it fairs on each of the criteria:
The Services index in Redondo Beach is 117.
The Groceries index in Redondo Beach is 114.
The Health index in Redondo Beach is 107.
The Housing index in Redondo Beach is 440.
The Transportation index in Redondo Beach is 124.
The Utilities index in Redondo Beach is 113.
| Living Expense | Redondo Beach | California | National Average | |
|---|---|---|---|---|
| Overall | 212 | 141 | 100 | |
| Services | 117 | 110 | 100 | |
| Groceries | 114 | 112 | 100 | |
| Health | 107 | 110 | 100 | |
| Housing | 440 | 195 | 100 | |
| Transportation | 124 | 125 | 100 | |
| Utilities | 113 | 128 | 100 | |
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 Redondo Beach is $1,454,228.
The Median Rent in Redondo Beach is $2,562.
The Median Income in Redondo Beach is $144,588.
The Home Value To Income in Redondo Beach is 10.1x.
The Rent To Monthly Income in Redondo Beach is 0.21x.
| Statistic | Redondo Beach | California | United States |
|---|---|---|---|
| Median Home Value | $1,454,228 | $763,287 | $303,400 |
| Median Rent | $2,562 | $1,956 | $1,348 |
| Median Income | $144,588 | $96,334 | $78,538 |
| Home Value To Income | 10.1x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.24x | 0.21x |
| Item | Redondo Beach | 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 |
| Item | Redondo Beach | 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 |
| Item | Redondo Beach | California |
|---|---|---|
| Optometrist | $129.09 | $125.68 |
| Doctor | $119.86 | $135.78 |
| Dentist | $108.07 | $113.29 |
| Item | Redondo Beach | California |
|---|---|---|
| Gasoline | $4.47 | $3.46 |
| Tire Balancing | $58.33 | $59.92 |
| Item | Redondo Beach | California |
|---|---|---|
| All Electricity | $326.49 | $193.99 |
| Phone | $182.78 | $192.25 |
The cost of living varies in the cities and towns around Redondo Beach. 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 190, 0.9x Redondo Beach.
Hawthorne, CA has a cost of living index of 161, 0.8x Redondo Beach.
Lakewood, CA has a cost of living index of 164, 0.8x Redondo Beach.
| City | Population | Cost Of Living | Vs. Redondo Beach |
|---|---|---|---|
| Torrance, CA | 143,499 | 190 | 0.9x |
| Hawthorne, CA | 85,933 | 161 | 0.8x |
| Lakewood, CA | 80,510 | 164 | 0.8x |
| Gardena, CA | 59,765 | 153 | 0.7x |
| Cypress, CA | 49,531 | 172 | 0.8x |
| Cerritos, CA | 48,340 | 181 | 0.9x |
| Rancho Palos Verdes, CA | 41,259 | 244 | 1.2x |
| Manhattan Beach, CA | 34,584 | 334 | 1.6x |
| Lawndale, CA | 31,113 | 160 | 0.8x |
| West Whittier-Los Nietos, CA | 25,459 | 148 | 0.7x |