F
39%
Overall NAT. AVG.
13%
Goods & Services NAT. AVG.
98%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Bostonia California National
Cost of living139140100
Goods & Services113111100
Groceries116112100
Health care105109100
Housing198196100
Transportation127126100
Utilities107127100

An Overview of Cost of Living in Bostonia, CA

Getting a feel for the cost of living in Bostonia is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Bostonia is 139, which is 39% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.

The cost of living in Bostonia is among the highest in the country, making it a very expensive place to live. Only a small fraction of regions boast a cost of living that is at least 20% higher than the national average, and regrettably, Bostonia falls into this category, which may not be suitable for those seeking an economically favorable living environment.

Housing costs are a very significant part of the Bostonia cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 98% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.

Recurring goods and services expenses like haircuts, toothpaste, gym memberships and movie nights are a big part of your spending and make up 33% of the cost of living index. In Bostonia, these items will cost you 12.6% more than what most folks pay, making it a bit more expensive to live here.

The relentless increase in grocery prices is a noteworthy trend. In the last two years, grocery costs have experienced an upward trajectory of over 10%. Unfortunately, Bostonia is no exception, where grocery prices are 15.6% above the national average.

Is Bostonia Affordable?

Wondering if Bostonia is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Bostonia, for example, the median home price is 111.9% higher than what folks pay nationally, and monthly rent is 65.6% higher than the usual rates. Plus, income levels matter too, with Bostonia boasting a median household income of $60,368, which is 9.1% higher than the national average.

What Factors can Influence the Cost of Living in Bostonia?

Utilities: Similar to the prices of any goods or services, utility expenses can fluctuate widely, contingent on variables such as climate, available energy sources, geographical location and state regulations. Costs associated with electricity, water, heating, and waste disposal can differ in magnitude, depending on the specific city or state. In Bostonia, the utilities index registers at 7.1% higher than the national average.

Urbanization: Urban areas with extensive amenities and job opportunities tend to have a higher cost of living due to increased demand for services and relocation, resulting in higher home prices and higher rents. Less densely populated rural areas, or areas with less demand tend to have fewer amenities and slower job growth, which results in a lower cost of living.

Taxes: Cities that enforce higher taxes, covering both sales taxes and income taxes, can be a factor contributing to a higher cost of living. Paying more in taxes for everyday essentials like clothing and food inevitably leads to higher expenses. A higher income tax rate can further contribute to an overall elevated cost of living. In Bostonia, the baseline sales tax rate begins at 7.25%, and income tax rates start at 1%.

Where is the Data From?

The cost of living in Bostonia, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Bostonia is equal to the California average
  • The cost of living in Bostonia is 39% higher than the national average
  • Bostonia housing is 98% higher than the national average
  • California general sales tax is 42% higher than the national average
  • California state income tax is 61% lower than the national average

Most Affordable Places to Live in and Around Bostonia

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Compare Bostonia, CA Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$94,044$7,837$2,194$2,822
      Renters$49,597$4,133$1,157$1,488
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Bostonia, CA, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Bostonia, homeowners have a median income of $94,044. Using that number, a maximum of $2,194 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $49,597, which means there is a maximum of $1,157 to be spent on the costs of renting a home or apartment.

      California Sales Tax

      State General Sales Tax With Max Surtax
      California 7.25% 10.5%

      California Income Tax

      State Income Tax (Low) Income Tax (High)
      California 1% 13.3%

      Goods & Services

      Item Bostonia National avg. Difference
      Haircut $26.92$24.2610.9%
      Beauty Salon $65.77$45.5644.3%
      Toothpaste $3.73$3.700.7%
      Shampoo $1.50$1.2817.1%
      Movie $16.89$12.1339.2%
      Bowling $24.67$18.0037.1%

      Groceries

      Item Bostonia National avg. Difference
      Ground Beef $5.47$5.846.3%
      Fried Chicken $3.05$1.5793.7%
      Milk $4.98$4.676.5%
      Potatoes $4.94$4.930.0%
      Pizza $14.69$12.0921.5%
      Beer $11.25$10.418.1%

      Health Care

      Item Bostonia National avg. Difference
      Optometrist $138.66$125.6810.3%
      Doctor $132.50$135.782.4%
      Dentist $121.37$113.297.1%
      Ibuprofen $12.01$10.6512.7%
      Lipitor $508.17$468.608.4%

      Housing

      Item Bostonia National avg. Difference
      Home Price $391,400.00$184,700.00111.9%
      Avg. Mortgage Payment $5,168.91$2,346.69120.3%
      Apartment Rent $1,572.00$949.0065.6%

      Transportation

      Item Bostonia National avg. Difference
      Gasoline $4.68$3.4635.1%
      Tire Balancing $64.40$59.927.5%

      Utilities

      Item Bostonia National avg. Difference
      All Electricity $223.42$193.9915.2%
      Phone $180.31$192.256.2%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Spring Valley CDP (Lake County), CA1,1541055.2%
      National City, CA61,34214140.6%
      Lakeside, CA21,03214444.0%
      La Presa, CA37,41014444.1%
      Winter Gardens, CA22,78514444.3%
      Bostonia, CA17,53213939.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Centerville, UT17,52712423.7%
      Marion, IL17,539918.7%
      Godfrey, IL17,540936.7%
      Kingsland, GA17,523946.4%
      Wailuku, HI17,52317069.9%
      Bostonia, CA17,53213939.2%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.