Santa Monica, CA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
220
Santa Monica's Overall Cost Of Living
2.2x
Higher Than The National Average
593 out of 635
In California
6,353 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Santa Monica is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Santa Monica, CA?

According to the most recent data on the cost of living, Santa Monica has an overall cost of living index of 220 which is 2.2x higher than the national index of 100.

Compared to only California, Santa Monica has a cost of living index that's 1.6x higher than California's index of 140.

The standard of living in Santa Monica ranks as #6,359 most affordable out of the 6,418 places we measured in California. By definition, that implies Santa Monica ranks as the #60 most expensive place in the Golden State.

For more reading on life in Santa Monica, check out:

Santa Monica Cost Of Living Vs. California

Living Expense Santa Monica California National Average
Overall 220 140 100
Services 114 112 100
Groceries 113 113 100
Health 109 115 100
Housing 463 198 100
Transportation 136 134 100
Utilities 106 126 100
For more reading on cost of living around California, check out:
Santa Monica Cost of Living Vs. CA

Santa Monica, CA Housing Cost Breakdown

Housing swings affordability the most between places in California, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$1,452,100
Median Home Value
$1,900
Median Rent
$98,300
Median Income
Statistic Santa Monica California United States
Median Home Value $1,452,100 $538,500 $229,800
Median Rent $1,900 $1,586 $1,096
Median Income $98,300 $78,672 $64,994
Home Value To Income 14.8x 6.8x 3.5x
Rent To Monthly Income 0.23x 0.24x 0.2x

Detailed Santa Monica Services Costs Vs. California

Item Santa Monica California
Shampoo $1.17 $1.06
Movie $16.3 $10.68
Bowling $21.33 $14.67

Detailed Santa Monica Groceries Costs Vs. California

Item Santa Monica California
Ground Beef $4.58 $4.22
Fried Chicken $1.72 $1.39
Milk $2.19 $2.05

Detailed Santa Monica Health Costs Vs. California

Item Santa Monica California
Haircut $22.57 $18.62
Beauty Salon $76.5 $39.05
Toothpaste $2.51 $2.34

Detailed Santa Monica Transportation Costs Vs. California

Item Santa Monica California
Potatoes $2.99 $3.29
Pizza $11.66 $10.62
Beer $9.82 $9.38
Optometrist $125.58 $108.57
Doctor $125.0 $116.17
Dentist $110.78 $99.13

Detailed Santa Monica Utilities Costs Vs. California

Item Santa Monica California
Gasoline $3.31 $2.22
Tire Balancing $50.62 $50.07
All Electricity $185.68 $167.67
Phone $189.51 $175.64

Santa Monica SnackAbility

8.5
/10
Overall SnackAbility
Jobs
8/10
Housing
10
Affordability
4
Diversity
9
Safety
3
Amenities
10
Education
9
Commute
6

Cost Of Living In Cities Around Santa Monica

City Population Cost Of Living Vs. Santa Monica
Los Angeles, CA 3,973,278 148 0.7x
Torrance, CA 144,430 171 0.8x
Inglewood, CA 109,309 133 0.6x
Redondo Beach, CA 66,663 189 0.9x
Rancho Palos Verdes, CA 41,635 217 1.0x
West Hollywood, CA 35,506 169 0.8x
Beverly Hills, CA 33,709 318 1.4x
South Pasadena, CA 25,478 195 0.9x
San Fernando, CA 24,244 133 0.6x
West Carson, CA 22,697 141 0.6x

Articles About California

Enjoy The Snack?