Sierra Madre, CA Cost Of Living
Cost Of Living In Sierra Madre, CA Summary
Cost of living in Sierra Madre 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 Sierra Madre 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 Sierra Madre is 214, with 100 being the average.
The cost of living index in Sierra Madre is 2.1x higher than the national average.
Sierra Madre ranks as the #553 cheapest in California out of 634.
Sierra Madre ranks as the #6,370 cheapest out of 6,489 in the US.
The median home value in Sierra Madre is $1,396,581.
The median income in Sierra Madre is $141,094.
Table Of Contents
Sierra Madre's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Sierra Madre, CA?
According to the most recent data on the cost of living, Sierra Madre has an overall cost of living index of 214, which is 2.1x higher than the national index of 100.
Compared to California, Sierra Madre has a cost of living index that's 1.5x higher than California's index of 141.
The standard of living in Sierra Madre ranks as #553 most affordable out of the 634 places we measured in California. By definition, that implies Sierra Madre ranks as the #81 most expensive place in the Golden State.
For more reading on life in Sierra Madre, check out:
In California
In America
Sierra Madre Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Sierra Madre. Here is how it fairs on each of the criteria:
The Services index in Sierra Madre is 115.
The Groceries index in Sierra Madre is 110.
The Health index in Sierra Madre is 106.
The Housing index in Sierra Madre is 436.
The Transportation index in Sierra Madre is 126.
The Utilities index in Sierra Madre is 111.
| Living Expense | Sierra Madre | California | National Average | |
|---|---|---|---|---|
| Overall | 214 | 141 | 100 | |
| Services | 115 | 110 | 100 | |
| Groceries | 110 | 112 | 100 | |
| Health | 106 | 110 | 100 | |
| Housing | 436 | 195 | 100 | |
| Transportation | 126 | 125 | 100 | |
| Utilities | 111 | 128 | 100 | |
Sierra Madre, 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 Sierra Madre is $1,396,581.
The Median Rent in Sierra Madre is $2,086.
The Median Income in Sierra Madre is $141,094.
The Home Value To Income in Sierra Madre is 9.9x.
The Rent To Monthly Income in Sierra Madre is 0.18x.
| Statistic | Sierra Madre | California | United States |
|---|---|---|---|
| Median Home Value | $1,396,581 | $763,287 | $303,400 |
| Median Rent | $2,086 | $1,956 | $1,348 |
| Median Income | $141,094 | $96,334 | $78,538 |
| Home Value To Income | 9.9x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Sierra Madre, CA Costs By Category
Detailed Sierra Madre Services Costs Vs. California
| Item | Sierra Madre | 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 Sierra Madre Groceries Costs Vs. California
| Item | Sierra Madre | 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 Sierra Madre Health Costs Vs. California
| Item | Sierra Madre | California |
|---|---|---|
| Optometrist | $129.09 | $125.68 |
| Doctor | $119.86 | $135.78 |
| Dentist | $108.07 | $113.29 |
Detailed Sierra Madre Transportation Costs Vs. California
| Item | Sierra Madre | California |
|---|---|---|
| Gasoline | $4.47 | $3.46 |
| Tire Balancing | $58.33 | $59.92 |
Detailed Sierra Madre Utilities Costs Vs. California
| Item | Sierra Madre | California |
|---|---|---|
| All Electricity | $326.49 | $193.99 |
| Phone | $182.78 | $192.25 |
Sierra Madre SnackAbility
/10
Cost Of Living In Cities Around Sierra Madre
The cost of living varies in the cities and towns around Sierra Madre. Here's a quick look at the cost of living in the most populous nearby places:
Arcadia, CA has a cost of living index of 227, 1.1x Sierra Madre.
Diamond Bar, CA has a cost of living index of 174, 0.8x Sierra Madre.
La Mirada, CA has a cost of living index of 163, 0.8x Sierra Madre.
| City | Population | Cost Of Living | Vs. Sierra Madre |
|---|---|---|---|
| Arcadia, CA | 55,550 | 227 | 1.1x |
| Diamond Bar, CA | 53,750 | 174 | 0.8x |
| La Mirada, CA | 46,945 | 163 | 0.8x |
| Monrovia, CA | 37,553 | 178 | 0.8x |
| La Verne, CA | 30,804 | 159 | 0.7x |
| Walnut, CA | 27,857 | 194 | 0.9x |
| East San Gabriel, CA | 23,521 | 187 | 0.9x |
| West Puente Valley, CA | 22,198 | 151 | 0.7x |
| Valinda, CA | 21,626 | 145 | 0.7x |
| Vincent, CA | 15,151 | 146 | 0.7x |
