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 207, with 100 being the average.
The cost of living index in Topanga is 2.1x higher than the national average.
Topanga ranks as the #582 cheapest in California out of 635.
Topanga ranks as the #6,330 cheapest out of 6,412 in the US.
The median home value in Topanga is $1,288,600.
The median income in Topanga is $128,884.
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 207, which is 2.1x higher than the national index of 100.
Compared to California, Topanga has a cost of living index that's 1.5x higher than California's index of 139.
The standard of living in Topanga ranks as #582 most affordable out of the 635 places we measured in California. By definition, that implies Topanga ranks as the #53 most expensive place in the Golden State.
For more reading on life in Topanga, check out:
- Living In Topanga
- Search Homes For Sale In Topanga, CA
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 115.
The Health index in Topanga is 112.
The Housing index in Topanga is 413.
The Transportation index in Topanga is 136.
The Utilities index in Topanga is 109.
| Living Expense | Topanga | California | National Average | |
|---|---|---|---|---|
| Overall | 207 | 139 | 100 | |
| Services | 117 | 110 | 100 | |
| Groceries | 115 | 112 | 100 | |
| Health | 112 | 109 | 100 | |
| Housing | 413 | 204 | 100 | |
| Transportation | 136 | 126 | 100 | |
| Utilities | 109 | 124 | 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 2017-2021. The key points are:
The Median Home Value in Topanga is $1,288,600.
The Median Rent in Topanga is $3,501.
The Median Income in Topanga is $128,884.
The Home Value To Income in Topanga is 10.0x.
The Rent To Monthly Income in Topanga is 0.33x.
| Statistic | Topanga | California | United States |
|---|---|---|---|
| Median Home Value | $1,288,600 | $573,200 | $244,900 |
| Median Rent | $3,501 | $1,698 | $1,163 |
| Median Income | $128,884 | $84,097 | $69,021 |
| Home Value To Income | 10.0x | 6.8x | 3.5x |
| Rent To Monthly Income | 0.33x | 0.24x | 0.2x |
Median Home Value
Median Rent
Median Income
Topanga, CA Costs By Category
Detailed Topanga Services Costs Vs. California
| Item | Topanga | California |
|---|---|---|
| Shampoo | $1.17 | $1.06 |
| Movie | $16.3 | $10.68 |
| Bowling | $21.33 | $14.67 |
| Haircut | $22.57 | $18.62 |
| Beauty Salon | $76.5 | $39.05 |
Detailed Topanga Groceries Costs Vs. California
| Item | Topanga | California |
|---|---|---|
| Ground Beef | $4.58 | $4.22 |
| Fried Chicken | $1.72 | $1.39 |
| Milk | $2.19 | $2.05 |
| Potatoes | $2.99 | $3.29 |
| Pizza | $11.66 | $10.62 |
| Beer | $9.82 | $9.38 |
| Toothpaste | $2.51 | $2.34 |
Detailed Topanga Health Costs Vs. California
| Item | Topanga | California |
|---|---|---|
| Optometrist | $125.58 | $108.57 |
| Doctor | $125.0 | $116.17 |
| Dentist | $110.78 | $99.13 |
Detailed Topanga Transportation Costs Vs. California
| Item | Topanga | California |
|---|---|---|
| Gasoline | $3.31 | $2.22 |
| Tire Balancing | $50.62 | $50.07 |
Detailed Topanga Utilities Costs Vs. California
| Item | Topanga | California |
|---|---|---|
| All Electricity | $185.68 | $167.67 |
| Phone | $189.51 | $175.64 |
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:
Thousand Oaks, CA has a cost of living index of 173, 0.8x Topanga.
Simi Valley, CA has a cost of living index of 153, 0.7x Topanga.
Santa Monica, CA has a cost of living index of 220, 1.1x Topanga.
| City | Population | Cost Of Living | Vs. Topanga |
|---|---|---|---|
| Thousand Oaks, CA | 127,274 | 173 | 0.8x |
| Simi Valley, CA | 126,809 | 153 | 0.7x |
| Santa Monica, CA | 92,828 | 220 | 1.1x |
| Manhattan Beach, CA | 35,585 | 278 | 1.3x |
| Beverly Hills, CA | 32,903 | 318 | 1.5x |
| San Fernando, CA | 24,086 | 133 | 0.6x |
| Calabasas, CA | 23,410 | 208 | 1.0x |
| Agoura Hills, CA | 20,362 | 181 | 0.9x |
| El Segundo, CA | 17,243 | 191 | 0.9x |
| Oak Park, CA | 13,561 | 181 | 0.9x |
