Cost of living in Soquel 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 Soquel 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 Soquel is 180, with 100 being the average.
The cost of living index in Soquel is 1.8x higher than the national average.
Soquel ranks as the #474 cheapest in California out of 634.
Soquel ranks as the #6,185 cheapest out of 6,489 in the US.
The median home value in Soquel is $1,293,865.
The median income in Soquel is $114,991.
According to the most recent data on the cost of living, Soquel has an overall cost of living index of 180, which is 1.8x higher than the national index of 100.
Compared to California, Soquel has a cost of living index that's 1.3x higher than California's index of 141.
The standard of living in Soquel ranks as #474 most affordable out of the 634 places we measured in California. By definition, that implies Soquel ranks as the #160 most expensive place in the Golden State.
For more reading on life in Soquel, check out:
Six factors go into calculating the cost of living index in Soquel. Here is how it fairs on each of the criteria:
The Services index in Soquel is 109.
The Groceries index in Soquel is 115.
The Health index in Soquel is 121.
The Housing index in Soquel is 326.
The Transportation index in Soquel is 131.
The Utilities index in Soquel is 132.
| Living Expense | Soquel | California | National Average | |
|---|---|---|---|---|
| Overall | 180 | 141 | 100 | |
| Services | 109 | 110 | 100 | |
| Groceries | 115 | 112 | 100 | |
| Health | 121 | 110 | 100 | |
| Housing | 326 | 195 | 100 | |
| Transportation | 131 | 125 | 100 | |
| Utilities | 132 | 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 Soquel is $1,293,865.
The Median Rent in Soquel is $2,293.
The Median Income in Soquel is $114,991.
The Home Value To Income in Soquel is 11.3x.
The Rent To Monthly Income in Soquel is 0.24x.
| Statistic | Soquel | California | United States |
|---|---|---|---|
| Median Home Value | $1,293,865 | $763,287 | $303,400 |
| Median Rent | $2,293 | $1,956 | $1,348 |
| Median Income | $114,991 | $96,334 | $78,538 |
| Home Value To Income | 11.3x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.24x | 0.21x |
| Item | Soquel | California |
|---|---|---|
| Shampoo | $1.66 | $1.28 |
| Movie | $13.31 | $12.13 |
| Bowling | $33.3 | $18 |
| Haircut | $33.94 | $24.26 |
| Beauty Salon | $48.51 | $45.56 |
| Item | Soquel | California |
|---|---|---|
| Ground Beef | $5.79 | $5.84 |
| Fried Chicken | $2.13 | $1.57 |
| Milk | $5.05 | $4.67 |
| Potatoes | $4.77 | $4.93 |
| Pizza | $14.92 | $12.09 |
| Beer | $10.99 | $10.41 |
| Toothpaste | $3.72 | $3.7 |
| Item | Soquel | California |
|---|---|---|
| Optometrist | $158.95 | $125.68 |
| Doctor | $194.05 | $135.78 |
| Dentist | $147.78 | $113.29 |
| Item | Soquel | California |
|---|---|---|
| Gasoline | $4.81 | $3.46 |
| Tire Balancing | $65.62 | $59.92 |
| Item | Soquel | California |
|---|---|---|
| All Electricity | $294.74 | $193.99 |
| Phone | $190.07 | $192.25 |
The cost of living varies in the cities and towns around Soquel. Here's a quick look at the cost of living in the most populous nearby places:
Santa Cruz, CA has a cost of living index of 205, 1.1x Soquel.
Morgan Hill, CA has a cost of living index of 201, 1.1x Soquel.
Campbell, CA has a cost of living index of 235, 1.3x Soquel.
| City | Population | Cost Of Living | Vs. Soquel |
|---|---|---|---|
| Santa Cruz, CA | 60,953 | 205 | 1.1x |
| Morgan Hill, CA | 45,152 | 201 | 1.1x |
| Campbell, CA | 42,848 | 235 | 1.3x |
| Los Gatos, CA | 32,773 | 308 | 1.7x |
| Saratoga, CA | 30,335 | 342 | 1.9x |
| Live Oak, CA | 16,866 | 115 | 0.6x |
| Scotts Valley, CA | 12,138 | 194 | 1.1x |
| Capitola, CA | 9,813 | 183 | 1.0x |
| Rio del Mar, CA | 8,938 | 214 | 1.2x |
| Interlaken, CA | 8,191 | 163 | 0.9x |