Torrance, CA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
168
Torrance's Overall Cost Of Living
1.7x
Higher Than The National Average
499 out of 634
In California
6,100 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Torrance is expensive, while a number below 100 means it's a relatively cheap place to live.

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 168 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 #6,105 most affordable out of the 6,522 places we measured in California. By definition, that implies Torrance ranks as the #301 most expensive place in the Golden State.

For more reading on life in Torrance, check out:

Torrance Cost Of Living Vs. California

Living Expense Torrance California National Average
Overall 168 140 100
Services 112 111 100
Groceries 116 118 100
Health 111 113 100
Housing 295 196 100
Transportation 126 128 100
Utilities 107 118 100
For more reading on cost of living around California, check out:
Torrance Cost of Living Vs. CA

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.

$762,700
Median Home Value
$1,736
Median Rent
$93,492
Median Income
Statistic Torrance California United States
Median Home Value $762,700 $505,000 $217,500
Median Rent $1,736 $1,503 $1,062
Median Income $93,492 $75,235 $62,843
Home Value To Income 8.2x 6.7x 3.5x
Rent To Monthly Income 0.22x 0.24x 0.2x

Detailed Torrance Services Costs Vs. California

Item Torrance California
Shampoo $1.32 $1.01
Movie $16.1 $10.72
Bowling $20.33 $13.86

Detailed Torrance Groceries Costs Vs. California

Item Torrance California
Ground Beef $3.32 $3.9
Fried Chicken $1.79 $1.4
Milk $2.19 $1.96

Detailed Torrance Health Costs Vs. California

Item Torrance California
Haircut $22.4 $17.49
Beauty Salon $68.75 $38.17
Toothpaste $2.49 $2.32

Detailed Torrance Transportation Costs Vs. California

Item Torrance California
Potatoes $2.99 $3.18
Pizza $10.99 $10.39
Beer $9.66 $9.23
Optometrist $126.4 $106.34
Doctor $126.0 $115.25
Dentist $109.4 $98.38

Detailed Torrance Utilities Costs Vs. California

Item Torrance California
Gasoline $3.7 $2.59
Tire Balancing $50.2 $48.9
All Electricity $184.11 $167.6
Phone $186.9 $163.42

Torrance SnackAbility

9
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9.5
Affordability
4
Diversity
10
Safety
6
Amenities
10
Education
8.5
Commute
5

Cost Of Living In Cities Around Torrance

City Population Cost Of Living Vs. Torrance
Lakewood, CA 80,292 143 0.9x
Redondo Beach, CA 67,423 185 1.1x
Gardena, CA 59,709 133 0.8x
Cerritos, CA 50,143 169 1.0x
Cypress, CA 48,893 155 0.9x
La Mirada, CA 48,764 144 0.9x
Manhattan Beach, CA 35,500 276 1.6x
Lawndale, CA 32,819 138 0.8x
West Whittier-Los Nietos, CA 26,654 133 0.8x
West Carson, CA 22,079 138 0.8x

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