Simi Valley, CA Cost Of Living
Cost Of Living In Simi Valley, CA Summary
Cost of living in Simi Valley 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 Simi Valley 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 Simi Valley is 172, with 100 being the average.
The cost of living index in Simi Valley is 1.7x higher than the national average.
Simi Valley ranks as the #447 cheapest in California out of 634.
Simi Valley ranks as the #6,101 cheapest out of 6,489 in the US.
The median home value in Simi Valley is $835,113.
The median income in Simi Valley is $117,703.
Table Of Contents
Simi Valley's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Simi Valley, CA?
According to the most recent data on the cost of living, Simi Valley has an overall cost of living index of 172, which is 1.7x higher than the national index of 100.
Compared to California, Simi Valley has a cost of living index that's 1.2x higher than California's index of 141.
The standard of living in Simi Valley ranks as #447 most affordable out of the 634 places we measured in California. By definition, that implies Simi Valley ranks as the #187 most expensive place in the Golden State.
For more reading on life in Simi Valley, check out:
In California
In America
Simi Valley Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Simi Valley. Here is how it fairs on each of the criteria:
The Services index in Simi Valley is 117.
The Groceries index in Simi Valley is 111.
The Health index in Simi Valley is 107.
The Housing index in Simi Valley is 298.
The Transportation index in Simi Valley is 124.
The Utilities index in Simi Valley is 111.
| Living Expense | Simi Valley | California | National Average | |
|---|---|---|---|---|
| Overall | 172 | 141 | 100 | |
| Services | 117 | 110 | 100 | |
| Groceries | 111 | 112 | 100 | |
| Health | 107 | 110 | 100 | |
| Housing | 298 | 195 | 100 | |
| Transportation | 124 | 125 | 100 | |
| Utilities | 111 | 128 | 100 | |
Simi Valley, 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 Simi Valley is $835,113.
The Median Rent in Simi Valley is $2,513.
The Median Income in Simi Valley is $117,703.
The Home Value To Income in Simi Valley is 7.1x.
The Rent To Monthly Income in Simi Valley is 0.26x.
| Statistic | Simi Valley | California | United States |
|---|---|---|---|
| Median Home Value | $835,113 | $763,287 | $303,400 |
| Median Rent | $2,513 | $1,956 | $1,348 |
| Median Income | $117,703 | $96,334 | $78,538 |
| Home Value To Income | 7.1x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.26x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Simi Valley, CA Costs By Category
Detailed Simi Valley Services Costs Vs. California
| Item | Simi Valley | 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 Simi Valley Groceries Costs Vs. California
| Item | Simi Valley | 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 Simi Valley Health Costs Vs. California
| Item | Simi Valley | California |
|---|---|---|
| Optometrist | $129.09 | $125.68 |
| Doctor | $119.86 | $135.78 |
| Dentist | $108.07 | $113.29 |
Detailed Simi Valley Transportation Costs Vs. California
| Item | Simi Valley | California |
|---|---|---|
| Gasoline | $4.47 | $3.46 |
| Tire Balancing | $58.33 | $59.92 |
Detailed Simi Valley Utilities Costs Vs. California
| Item | Simi Valley | California |
|---|---|---|
| All Electricity | $326.49 | $193.99 |
| Phone | $182.78 | $192.25 |
Simi Valley SnackAbility
/10
Cost Of Living In Cities Around Simi Valley
The cost of living varies in the cities and towns around Simi Valley. Here's a quick look at the cost of living in the most populous nearby places:
Santa Clarita, CA has a cost of living index of 164, 1.0x Simi Valley.
Thousand Oaks, CA has a cost of living index of 185, 1.1x Simi Valley.
Camarillo, CA has a cost of living index of 170, 1.0x Simi Valley.
| City | Population | Cost Of Living | Vs. Simi Valley |
|---|---|---|---|
| Santa Clarita, CA | 229,021 | 164 | 1.0x |
| Thousand Oaks, CA | 125,676 | 185 | 1.1x |
| Camarillo, CA | 70,244 | 170 | 1.0x |
| Moorpark, CA | 35,957 | 174 | 1.0x |
| San Fernando, CA | 23,716 | 148 | 0.9x |
| Calabasas, CA | 22,869 | 235 | 1.4x |
| Stevenson Ranch, CA | 21,317 | 191 | 1.1x |
| Agoura Hills, CA | 19,881 | 199 | 1.2x |
| Castaic, CA | 18,479 | 166 | 1.0x |
| Oak Park, CA | 13,656 | 197 | 1.1x |
