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Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.
I'd much rather pay $500/mo in rent than $1,000. And I'd rather pay $2 for coffee than $5.
And while every neighbhorhood in Long Beach might be more expensive than living in rural California, there are certain neighborhoods that are definitely cheaper.
So what exactly are those Long Beach neighborhoods where your dollar goes a little further -- you can get that one bedroom instead of the studio?
Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Long Beach are the cheapest.
The Cheapest Neighborhoods In Long Beach For 2022
What's the cheapest neighborhood to live in Long Beach for 2022? According to the most recent census data, Airport Area looks to be the cheaptest Long Beach neighborhood to live in.
At this point we should make it clear that you do get what you pay for -- some of these neighborhoods might not be the best places to live in Long Beach. You could be sacrificing location or crime rates in return for more space and cheaper groceries.
Read on to see how we determined the places around Long Beach that deserve a little bragging rights or maybe you're interested in the worst neighborhoods in Long Beach.
Once you're done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.
For more California reading, check out:
- Best Places To Live In California
- Cheapest Places To Live In California
- Cheapest Cities To Live In America
- Cheapest States To Live In America
The 10 Cheapest Neighborhoods To Live In Long Beach For 2022
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Population: 416
Cost Of Living Index: 100 (2nd cheapest)
Home Value To Income Ratio: 2.5 (cheapest)
Rent To Income Ratio: 0.012 (4th cheapest)
More on Airport Area: Homes For Sale | Data
/10
Population: 2,146
Cost Of Living Index: 95 (cheapest)
Home Value To Income Ratio: 2.8 (2nd cheapest)
Rent To Income Ratio: 0.018 (14th cheapest)
More on Wilmington: Homes For Sale | Data
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Population: 5,378
Cost Of Living Index: 139 (12th cheapest)
Home Value To Income Ratio: 4.1 (4th cheapest)
Rent To Income Ratio: 0.006 (cheapest)
More on El Dorado Park: Homes For Sale | Data
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Population: 10,097
Cost Of Living Index: 142 (14th cheapest)
Home Value To Income Ratio: 4.7 (7th cheapest)
Rent To Income Ratio: 0.01 (3rd cheapest)
More on City College Area: Homes For Sale | Data
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Population: 10,207
Cost Of Living Index: 124 (7th cheapest)
Home Value To Income Ratio: 4.6 (5th cheapest)
Rent To Income Ratio: 0.017 (13th cheapest)
More on City Of Signal Hill: Homes For Sale | Data
/10
Population: 37,908
Cost Of Living Index: 116 (3rd cheapest)
Home Value To Income Ratio: 4.7 (6th cheapest)
Rent To Income Ratio: 0.019 (18th cheapest)
More on Wrigley: Homes For Sale | Data
/10
Population: 9,427
Cost Of Living Index: 142 (14th cheapest)
Home Value To Income Ratio: 4.9 (8th cheapest)
Rent To Income Ratio: 0.013 (5th cheapest)
More on State College Area: Homes For Sale | Data
/10
Population: 25,143
Cost Of Living Index: 123 (6th cheapest)
Home Value To Income Ratio: 5.0 (9th cheapest)
Rent To Income Ratio: 0.02 (19th cheapest)
More on West Side: Homes For Sale | Data
/10
Population: 21,865
Cost Of Living Index: 155 (20th cheapest)
Home Value To Income Ratio: 5.5 (10th cheapest)
Rent To Income Ratio: 0.013 (6th cheapest)
More on The Plaza: Homes For Sale | Data
/10
Population: 363
Cost Of Living Index: 137 (11th cheapest)
Home Value To Income Ratio: 4.0 (3rd cheapest)
Rent To Income Ratio: 0.021 (22nd cheapest)
More on Dominguez: Homes For Sale | Data
Methodology: How We Determined The Cheapest Long Beach Hoods In 2022
In order to rank the cheapest places to live in Long Beach, we had to determine what criteria defines "cheap".
Using census and extrapolated BLS data, we arrived at the following set of criteria:
- Overall Cost Of Living
- Rent To Income Ratio
- Median Home Value To Income Ratio
We then ranked each neighborhood with scores from 1 to 27 in each category, where 1 was the cheapest.
Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.
And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the "Cheapest City Neighborhood In Long Beach." We're lookin' at you, Airport Area.
Read on below to learn more about what it's like to live in the cheapest places Long Beach. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.
Summary: Lowest Cost Places To Live In Long Beach
If you're measuring the neighborhoods in Long Beach where prices are low and it's cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Long Beach aren't all cheap. Belmont Heights takes the title of the most expensive neighborhood to live in Long Beach.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more California reading, check out:
- Most Dangerous Cities In California
- Richest Cities In California
- Safest Places In California
- Worst Places To Live In California
Detailed List Of The Cheapest Neighborhoods To Live In Long Beach For 2022
Rank | Neighborhood | Cost Of Living Index |
---|---|---|
1 | Airport Area | 100 |
2 | Wilmington | 95 |
3 | El Dorado Park | 139 |
4 | City College Area | 142 |
5 | City Of Signal Hill | 124 |
6 | Wrigley | 116 |
7 | State College Area | 142 |
8 | West Side | 123 |
9 | The Plaza | 155 |
10 | Dominguez | 137 |
11 | Bixby Area | 141 |
12 | North West Long Beach | 129 |
13 | Los Altos | 151 |
14 | North Long Beach | 127 |
15 | Downtown | 119 |
16 | Los Cerritos Area | 155 |
17 | Park Estates | 174 |
18 | Lakewood Village | 157 |
19 | Poly High District | 122 |
20 | Circle Area | 135 |
21 | Belmont Shore | 155 |
22 | Californial Heights | 146 |
23 | Alamitos Heights | 170 |
24 | Bixby Knolls | 167 |
25 | East Side | 144 |
26 | Naples-Marina Area | 197 |
27 | Belmont Heights | 166 |