Torrance, CA Cost Of Living
Torrance's Overall Cost Of Living
Higher Than The National Average
In California
In America
What is the cost of living in Torrance, CA?
According to the most recent data on the cost of living, Torrance has an overall cost of living index of 171 which is 1.7x higher than the national index of 100.
Compared to only California, Torrance has a cost of living index that's 1.2x higher than California's index of 140.
The standard of living in Torrance ranks as #6,140 most affordable out of the 6,418 places we measured in California. By definition, that implies Torrance ranks as the #279 most expensive place in the Golden State.
Torrance Cost Of Living Vs. California
| Living Expense | Torrance | California | National Average | |
|---|---|---|---|---|
| Overall | 171 | 140 | 100 | |
| Services | 116 | 112 | 100 | |
| Groceries | 116 | 113 | 100 | |
| Health | 111 | 115 | 100 | |
| Housing | 296 | 198 | 100 | |
| Transportation | 133 | 134 | 100 | |
| Utilities | 107 | 126 | 100 | |
Torrance, CA Housing Cost Breakdown
Housing swings affordability the most between places in California, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Median Home Value
Median Rent
Median Income
| Statistic | Torrance | California | United States |
|---|---|---|---|
| Median Home Value | $796,800 | $538,500 | $229,800 |
| Median Rent | $1,803 | $1,586 | $1,096 |
| Median Income | $94,781 | $78,672 | $64,994 |
| Home Value To Income | 8.4x | 6.8x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.24x | 0.2x |
Detailed Torrance Services Costs Vs. California
| Item | Torrance | California |
|---|---|---|
| Shampoo | $1.17 | $1.06 |
| Movie | $16.3 | $10.68 |
| Bowling | $21.33 | $14.67 |
Detailed Torrance Groceries Costs Vs. California
| Item | Torrance | California |
|---|---|---|
| Ground Beef | $4.58 | $4.22 |
| Fried Chicken | $1.72 | $1.39 |
| Milk | $2.19 | $2.05 |
Detailed Torrance Health Costs Vs. California
| Item | Torrance | California |
|---|---|---|
| Haircut | $22.57 | $18.62 |
| Beauty Salon | $76.5 | $39.05 |
| Toothpaste | $2.51 | $2.34 |
Detailed Torrance Transportation Costs Vs. California
| Item | Torrance | California |
|---|---|---|
| Potatoes | $2.99 | $3.29 |
| Pizza | $11.66 | $10.62 |
| Beer | $9.82 | $9.38 |
| Optometrist | $125.58 | $108.57 |
| Doctor | $125.0 | $116.17 |
| Dentist | $110.78 | $99.13 |
Detailed Torrance Utilities Costs Vs. California
| Item | Torrance | California |
|---|---|---|
| Gasoline | $3.31 | $2.22 |
| Tire Balancing | $50.62 | $50.07 |
| All Electricity | $185.68 | $167.67 |
| Phone | $189.51 | $175.64 |
Torrance SnackAbility
/10
Cost Of Living In Cities Around Torrance
| City | Population | Cost Of Living | Vs. Torrance |
|---|---|---|---|
| Lakewood, CA | 79,676 | 143 | 0.8x |
| Redondo Beach, CA | 66,663 | 189 | 1.1x |
| Gardena, CA | 59,401 | 137 | 0.8x |
| Cerritos, CA | 49,388 | 169 | 1.0x |
| Cypress, CA | 49,137 | 154 | 0.9x |
| La Mirada, CA | 48,260 | 147 | 0.9x |
| Manhattan Beach, CA | 35,064 | 278 | 1.6x |
| Lawndale, CA | 32,533 | 141 | 0.8x |
| West Whittier-Los Nietos, CA | 26,121 | 134 | 0.8x |
| West Carson, CA | 22,697 | 141 | 0.8x |
