Cost of living in Woodcrest 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 Woodcrest 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 Woodcrest is 150, with 100 being the average.
The cost of living index in Woodcrest is 1.5x higher than the national average.
Woodcrest ranks as the #318 cheapest in California out of 634.
Woodcrest ranks as the #5,692 cheapest out of 6,489 in the US.
The median home value in Woodcrest is $745,725.
The median income in Woodcrest is $139,659.
According to the most recent data on the cost of living, Woodcrest has an overall cost of living index of 150, which is 1.5x higher than the national index of 100.
Compared to California, Woodcrest has a cost of living index that's 1.1x higher than California's index of 141.
The standard of living in Woodcrest ranks as #318 most affordable out of the 634 places we measured in California. By definition, that implies Woodcrest ranks as the #316 most expensive place in the Golden State.
For more reading on life in Woodcrest, check out:
Six factors go into calculating the cost of living index in Woodcrest. Here is how it fairs on each of the criteria:
The Services index in Woodcrest is 111.
The Groceries index in Woodcrest is 112.
The Health index in Woodcrest is 100.
The Housing index in Woodcrest is 249.
The Transportation index in Woodcrest is 122.
The Utilities index in Woodcrest is 95.
| Living Expense | Woodcrest | California | National Average | |
|---|---|---|---|---|
| Overall | 150 | 141 | 100 | |
| Services | 111 | 110 | 100 | |
| Groceries | 112 | 112 | 100 | |
| Health | 100 | 110 | 100 | |
| Housing | 249 | 195 | 100 | |
| Transportation | 122 | 125 | 100 | |
| Utilities | 95 | 128 | 100 | |
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 Woodcrest is $745,725.
The Median Rent in Woodcrest is $2,875.
The Median Income in Woodcrest is $139,659.
The Home Value To Income in Woodcrest is 5.3x.
The Rent To Monthly Income in Woodcrest is 0.25x.
| Statistic | Woodcrest | California | United States |
|---|---|---|---|
| Median Home Value | $745,725 | $763,287 | $303,400 |
| Median Rent | $2,875 | $1,956 | $1,348 |
| Median Income | $139,659 | $96,334 | $78,538 |
| Home Value To Income | 5.3x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.25x | 0.24x | 0.21x |
| Item | Woodcrest | California |
|---|---|---|
| Shampoo | $1.34 | $1.28 |
| Movie | $11.04 | $12.13 |
| Bowling | $21.11 | $18 |
| Haircut | $27.27 | $24.26 |
| Beauty Salon | $41.78 | $45.56 |
| Item | Woodcrest | California |
|---|---|---|
| Ground Beef | $5.89 | $5.84 |
| Fried Chicken | $3.49 | $1.57 |
| Milk | $4.92 | $4.67 |
| Potatoes | $4.92 | $4.93 |
| Pizza | $15.31 | $12.09 |
| Beer | $10.26 | $10.41 |
| Toothpaste | $3.61 | $3.7 |
| Item | Woodcrest | California |
|---|---|---|
| Optometrist | $112.92 | $125.68 |
| Doctor | $95.5 | $135.78 |
| Dentist | $117.28 | $113.29 |
| Item | Woodcrest | California |
|---|---|---|
| Gasoline | $4.75 | $3.46 |
| Tire Balancing | $61.38 | $59.92 |
| Item | Woodcrest | California |
|---|---|---|
| All Electricity | $378.97 | $193.99 |
| Phone | $180.31 | $192.25 |
The cost of living varies in the cities and towns around Woodcrest. Here's a quick look at the cost of living in the most populous nearby places:
Riverside, CA has a cost of living index of 137, 0.9x Woodcrest.
Fontana, CA has a cost of living index of 135, 0.9x Woodcrest.
Moreno Valley, CA has a cost of living index of 132, 0.9x Woodcrest.
| City | Population | Cost Of Living | Vs. Woodcrest |
|---|---|---|---|
| Riverside, CA | 316,241 | 137 | 0.9x |
| Fontana, CA | 211,921 | 135 | 0.9x |
| Moreno Valley, CA | 210,378 | 132 | 0.9x |
| Corona, CA | 158,839 | 150 | 1.0x |
| Redlands, CA | 72,985 | 141 | 0.9x |
| Eastvale, CA | 70,179 | 168 | 1.1x |
| El Cerrito, CA | 25,781 | 199 | 1.3x |
| Norco, CA | 25,211 | 156 | 1.0x |
| Loma Linda, CA | 25,021 | 136 | 0.9x |
| Bloomington, CA | 24,324 | 126 | 0.8x |