Westlake Village, CA Cost Of Living
Cost Of Living In Westlake Village, CA Summary
Cost of living in Westlake Village 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 Westlake Village 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 Westlake Village is 224, with 100 being the average.
The cost of living index in Westlake Village is 2.2x higher than the national average.
Westlake Village ranks as the #566 cheapest in California out of 634.
Westlake Village ranks as the #6,392 cheapest out of 6,489 in the US.
The median home value in Westlake Village is $1,550,579.
The median income in Westlake Village is $174,069.
Table Of Contents
Westlake Village's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Westlake Village, CA?
According to the most recent data on the cost of living, Westlake Village has an overall cost of living index of 224, which is 2.2x higher than the national index of 100.
Compared to California, Westlake Village has a cost of living index that's 1.6x higher than California's index of 141.
The standard of living in Westlake Village ranks as #566 most affordable out of the 634 places we measured in California. By definition, that implies Westlake Village ranks as the #68 most expensive place in the Golden State.
For more reading on life in Westlake Village, check out:
In California
In America
Westlake Village Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Westlake Village. Here is how it fairs on each of the criteria:
The Services index in Westlake Village is 116.
The Groceries index in Westlake Village is 113.
The Health index in Westlake Village is 109.
The Housing index in Westlake Village is 470.
The Transportation index in Westlake Village is 124.
The Utilities index in Westlake Village is 111.
| Living Expense | Westlake Village | California | National Average | |
|---|---|---|---|---|
| Overall | 224 | 141 | 100 | |
| Services | 116 | 110 | 100 | |
| Groceries | 113 | 112 | 100 | |
| Health | 109 | 110 | 100 | |
| Housing | 470 | 195 | 100 | |
| Transportation | 124 | 125 | 100 | |
| Utilities | 111 | 128 | 100 | |
Westlake Village, 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 Westlake Village is $1,550,579.
The Median Rent in Westlake Village is $3,501.
The Median Income in Westlake Village is $174,069.
The Home Value To Income in Westlake Village is 8.9x.
The Rent To Monthly Income in Westlake Village is 0.24x.
| Statistic | Westlake Village | California | United States |
|---|---|---|---|
| Median Home Value | $1,550,579 | $763,287 | $303,400 |
| Median Rent | $3,501 | $1,956 | $1,348 |
| Median Income | $174,069 | $96,334 | $78,538 |
| Home Value To Income | 8.9x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Westlake Village, CA Costs By Category
Detailed Westlake Village Services Costs Vs. California
| Item | Westlake Village | 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 Westlake Village Groceries Costs Vs. California
| Item | Westlake Village | 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 Westlake Village Health Costs Vs. California
| Item | Westlake Village | California |
|---|---|---|
| Optometrist | $129.09 | $125.68 |
| Doctor | $119.86 | $135.78 |
| Dentist | $108.07 | $113.29 |
Detailed Westlake Village Transportation Costs Vs. California
| Item | Westlake Village | California |
|---|---|---|
| Gasoline | $4.47 | $3.46 |
| Tire Balancing | $58.33 | $59.92 |
Detailed Westlake Village Utilities Costs Vs. California
| Item | Westlake Village | California |
|---|---|---|
| All Electricity | $326.49 | $193.99 |
| Phone | $182.78 | $192.25 |
Westlake Village SnackAbility
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