Topanga, CA Cost Of Living
Cost Of Living In Topanga, CA Summary
Cost of living in Topanga 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 Topanga 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 Topanga is 241, with 100 being the average.
The cost of living index in Topanga is 2.4x higher than the national average.
Topanga ranks as the #583 cheapest in California out of 634.
Topanga ranks as the #6,422 cheapest out of 6,489 in the US.
The median home value in Topanga is $1,458,199.
The median income in Topanga is $142,553.
Table Of Contents
Topanga's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Topanga, CA?
According to the most recent data on the cost of living, Topanga has an overall cost of living index of 241, which is 2.4x higher than the national index of 100.
Compared to California, Topanga has a cost of living index that's 1.7x higher than California's index of 141.
The standard of living in Topanga ranks as #583 most affordable out of the 634 places we measured in California. By definition, that implies Topanga ranks as the #51 most expensive place in the Golden State.
For more reading on life in Topanga, check out:
In California
In America
Topanga Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Topanga. Here is how it fairs on each of the criteria:
The Services index in Topanga is 117.
The Groceries index in Topanga is 112.
The Health index in Topanga is 109.
The Housing index in Topanga is 539.
The Transportation index in Topanga is 125.
The Utilities index in Topanga is 111.
| Living Expense | Topanga | California | National Average | |
|---|---|---|---|---|
| Overall | 241 | 141 | 100 | |
| Services | 117 | 110 | 100 | |
| Groceries | 112 | 112 | 100 | |
| Health | 109 | 110 | 100 | |
| Housing | 539 | 195 | 100 | |
| Transportation | 125 | 125 | 100 | |
| Utilities | 111 | 128 | 100 | |
Topanga, 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 Topanga is $1,458,199.
The Median Rent in Topanga is $3,501.
The Median Income in Topanga is $142,553.
The Home Value To Income in Topanga is 10.2x.
The Rent To Monthly Income in Topanga is 0.29x.
| Statistic | Topanga | California | United States |
|---|---|---|---|
| Median Home Value | $1,458,199 | $763,287 | $303,400 |
| Median Rent | $3,501 | $1,956 | $1,348 |
| Median Income | $142,553 | $96,334 | $78,538 |
| Home Value To Income | 10.2x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.29x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Topanga, CA Costs By Category
Detailed Topanga Services Costs Vs. California
| Item | Topanga | 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 Topanga Groceries Costs Vs. California
| Item | Topanga | 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 Topanga Health Costs Vs. California
| Item | Topanga | California |
|---|---|---|
| Optometrist | $129.09 | $125.68 |
| Doctor | $119.86 | $135.78 |
| Dentist | $108.07 | $113.29 |
Detailed Topanga Transportation Costs Vs. California
| Item | Topanga | California |
|---|---|---|
| Gasoline | $4.47 | $3.46 |
| Tire Balancing | $58.33 | $59.92 |
Detailed Topanga Utilities Costs Vs. California
| Item | Topanga | California |
|---|---|---|
| All Electricity | $326.49 | $193.99 |
| Phone | $182.78 | $192.25 |
Topanga SnackAbility
/10
Cost Of Living In Cities Around Topanga
The cost of living varies in the cities and towns around Topanga. Here's a quick look at the cost of living in the most populous nearby places:
Simi Valley, CA has a cost of living index of 172, 0.7x Topanga.
Thousand Oaks, CA has a cost of living index of 185, 0.8x Topanga.
Santa Monica, CA has a cost of living index of 265, 1.1x Topanga.
| City | Population | Cost Of Living | Vs. Topanga |
|---|---|---|---|
| Simi Valley, CA | 125,769 | 172 | 0.7x |
| Thousand Oaks, CA | 125,676 | 185 | 0.8x |
| Santa Monica, CA | 91,535 | 265 | 1.1x |
| Manhattan Beach, CA | 34,584 | 334 | 1.4x |
| Beverly Hills, CA | 31,955 | 332 | 1.4x |
| San Fernando, CA | 23,716 | 148 | 0.6x |
| Calabasas, CA | 22,869 | 235 | 1.0x |
| Agoura Hills, CA | 19,881 | 199 | 0.8x |
| El Segundo, CA | 16,863 | 235 | 1.0x |
| Oak Park, CA | 13,656 | 197 | 0.8x |
