Thousand Oaks, CA Cost Of Living
Cost Of Living In Thousand Oaks, CA Summary
Cost of living in Thousand Oaks 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 Thousand Oaks 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 Thousand Oaks is 185, with 100 being the average.
The cost of living index in Thousand Oaks is 1.9x higher than the national average.
Thousand Oaks ranks as the #490 cheapest in California out of 634.
Thousand Oaks ranks as the #6,229 cheapest out of 6,489 in the US.
The median home value in Thousand Oaks is $1,033,821.
The median income in Thousand Oaks is $134,367.
Table Of Contents
Thousand Oaks's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Thousand Oaks, CA?
According to the most recent data on the cost of living, Thousand Oaks has an overall cost of living index of 185, which is 1.9x higher than the national index of 100.
Compared to California, Thousand Oaks has a cost of living index that's 1.3x higher than California's index of 141.
The standard of living in Thousand Oaks ranks as #490 most affordable out of the 634 places we measured in California. By definition, that implies Thousand Oaks ranks as the #144 most expensive place in the Golden State.
For more reading on life in Thousand Oaks, check out:
In California
In America
Thousand Oaks Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Thousand Oaks. Here is how it fairs on each of the criteria:
The Services index in Thousand Oaks is 117.
The Groceries index in Thousand Oaks is 110.
The Health index in Thousand Oaks is 107.
The Housing index in Thousand Oaks is 356.
The Transportation index in Thousand Oaks is 124.
The Utilities index in Thousand Oaks is 113.
| Living Expense | Thousand Oaks | California | National Average | |
|---|---|---|---|---|
| Overall | 185 | 141 | 100 | |
| Services | 117 | 111 | 100 | |
| Groceries | 110 | 111 | 100 | |
| Health | 107 | 107 | 100 | |
| Housing | 356 | 194 | 100 | |
| Transportation | 124 | 125 | 100 | |
| Utilities | 113 | 128 | 100 | |
Thousand Oaks, 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 Thousand Oaks is $1,033,821.
The Median Rent in Thousand Oaks is $2,580.
The Median Income in Thousand Oaks is $134,367.
The Home Value To Income in Thousand Oaks is 7.7x.
The Rent To Monthly Income in Thousand Oaks is 0.23x.
| Statistic | Thousand Oaks | California | United States |
|---|---|---|---|
| Median Home Value | $1,033,821 | $763,287 | $303,400 |
| Median Rent | $2,580 | $1,956 | $1,348 |
| Median Income | $134,367 | $96,334 | $78,538 |
| Home Value To Income | 7.7x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Thousand Oaks, CA Costs By Category
Detailed Thousand Oaks Services Costs Vs. California
| Item | Thousand Oaks | California |
|---|---|---|
| Shampoo | $1.41 | $1.28 |
| Movie | $13.46 | $12.13 |
| Bowling | $19.07 | $18.0 |
| Haircut | $24.67 | $24.26 |
| Beauty Salon | $49.33 | $45.56 |
Detailed Thousand Oaks Groceries Costs Vs. California
| Item | Thousand Oaks | 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 Thousand Oaks Health Costs Vs. California
| Item | Thousand Oaks | California |
|---|---|---|
| Optometrist | $129.09 | $125.68 |
| Doctor | $119.86 | $135.78 |
| Dentist | $108.07 | $113.29 |
Detailed Thousand Oaks Transportation Costs Vs. California
| Item | Thousand Oaks | California |
|---|---|---|
| Gasoline | $4.47 | $3.46 |
| Tire Balancing | $58.33 | $59.92 |
Detailed Thousand Oaks Utilities Costs Vs. California
| Item | Thousand Oaks | California |
|---|---|---|
| All Electricity | $326.49 | $193.99 |
| Phone | $182.78 | $192.25 |
Thousand Oaks SnackAbility
/10
Cost Of Living In Cities Around Thousand Oaks
The cost of living varies in the cities and towns around Thousand Oaks. Here's a quick look at the cost of living in the most populous nearby places:
Oxnard, CA has a cost of living index of 152, 0.8x Thousand Oaks.
Simi Valley, CA has a cost of living index of 172, 0.9x Thousand Oaks.
Camarillo, CA has a cost of living index of 170, 0.9x Thousand Oaks.
| City | Population | Cost Of Living | Vs. Thousand Oaks |
|---|---|---|---|
| Oxnard, CA | 201,014 | 152 | 0.8x |
| Simi Valley, CA | 125,769 | 172 | 0.9x |
| Camarillo, CA | 70,244 | 170 | 0.9x |
| Moorpark, CA | 35,957 | 174 | 0.9x |
| Calabasas, CA | 22,869 | 235 | 1.3x |
| Port Hueneme, CA | 21,691 | 147 | 0.8x |
| Agoura Hills, CA | 19,881 | 199 | 1.1x |
| Fillmore, CA | 16,665 | 143 | 0.8x |
| Oak Park, CA | 13,656 | 197 | 1.1x |
| El Rio, CA | 6,343 | 155 | 0.8x |
