F
87%
Overall NAT. AVG.
12%
Goods & Services NAT. AVG.
267%
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 Costa Mesa California National
Cost of living187140100
Goods & Services112111100
Groceries113112100
Health care99109100
Housing367196100
Transportation124126100
Utilities94127100

An Overview of Cost of Living in Costa Mesa, CA

Are you thinking about relocating, but curious about the potential cost of living in Costa Mesa? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Costa Mesa stands at 187, making it 87% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

The cost of living in Costa Mesa 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, Costa Mesa falls into this category, which may not be suitable for those seeking an economically favorable living environment.

Housing costs significantly influence the Costa Mesa cost of living index, typically accounting for a substantial portion of one's post-tax income. Regrettably, within this particular region, expenses related to both residential ownership and renting exceeded those observed in an average city by 266.8%. This entails elements such as housing and rental prices, mortgage interest rates and insurance costs.

The things you purchase regularly, like clothes, haircuts, movie tickets and gym memberships, can make a big dent in your budget and make up 33% of the cost of living index. Unfortunately in Costa Mesa, these items will cost you 12% more than what's considered the norm, making it a more expensive place to call home.

The surge in grocery costs is indeed alarming, especially when groceries make up a large portion of your monthly expenditures. Over the past two years, there has been an inflation of over 10% in grocery prices. Unfortunately, Costa Mesa does not fare better, with grocery expenses coming in at 13.1% higher than the national average.

What Do Locals Say About the Cost of Living in Costa Mesa?

Nobody knows their city better than the people who actually live there. So, we asked 10 local residents how they would rate the cost of living in Costa Mesa and this is how they responded. 20% of people said that the cost of living was affordable, with prices decreasing, while 80% of people said that the cost of living was very expensive and prices continue to rise.

Is Costa Mesa Affordable?

Is Costa Mesa an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Costa Mesa, the median home price is 336.9% higher than what most folks pay across the country, and monthly rent prices are 103.1% higher than the usual rates. Income levels in Costa Mesa come in at $90,370, which is 63.4% higher than the national average.

What Factors can Influence the Cost of Living in Costa Mesa?

Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In Costa Mesa, the groceries index registers 13.1% higher than the national average.

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 Costa Mesa, the baseline sales tax rate begins at 7.25%, and income tax rates start at 1%.

Subsidies: Certain regions may provide government subsidies or assistance initiatives designed to alleviate the cost of living burden on their residents. These programs encompass a wide range of support mechanisms, such as Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas with fewer subsidy offerings might experience an elevation in their cost of living.

Where is the Data From?

The Costa Mesa cost of living data you see above is sourced from the C2ER cost of living index, providing a practical and accurate means of comparing living expenses in urban areas. Updated quarterly, this index gathers data from over 300 independent researchers, covering more than 60 goods and services, in 6 different categories. These selections are made meticulously to represent a wide range of consumer expenditure categories. The weightings applied to cost differences are based on government survey data that tracks spending patterns among professional and executive households. It's important to note that while the C2ER index excludes data on sales or income tax rates, AreaVibes factors tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Costa Mesa is 34% higher than the California average
  • The cost of living in Costa Mesa is 87% higher than the national average
  • Costa Mesa housing is 267% 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 Costa Mesa

See all the best places to live around Costa Mesa

Compare Costa Mesa, 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$127,001$10,583$2,963$3,810
      Renters$75,025$6,252$1,750$2,251
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Costa Mesa, 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 Costa Mesa, homeowners have a median income of $127,001. Using that number, a maximum of $2,963 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $75,025, which means there is a maximum of $1,750 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 Costa Mesa National avg. Difference
      Haircut $27.27$24.2612.4%
      Beauty Salon $41.78$45.568.3%
      Toothpaste $3.61$3.702.6%
      Shampoo $1.34$1.284.9%
      Movie $11.04$12.139.0%
      Bowling $21.11$18.0017.3%

      Groceries

      Item Costa Mesa National avg. Difference
      Ground Beef $5.89$5.840.8%
      Fried Chicken $3.49$1.57121.9%
      Milk $4.92$4.675.4%
      Potatoes $4.92$4.930.3%
      Pizza $15.31$12.0926.6%
      Beer $10.26$10.411.4%

      Health Care

      Item Costa Mesa National avg. Difference
      Optometrist $112.92$125.6810.2%
      Doctor $95.50$135.7829.7%
      Dentist $117.28$113.293.5%
      Ibuprofen $10.58$10.650.7%
      Lipitor $521.17$468.6011.2%

      Housing

      Item Costa Mesa National avg. Difference
      Home Price $807,000.00$184,700.00336.9%
      Avg. Mortgage Payment $2,441.43$2,346.694.0%
      Apartment Rent $1,927.00$949.00103.1%

      Transportation

      Item Costa Mesa National avg. Difference
      Gasoline $4.75$3.4637.3%
      Tire Balancing $61.38$59.922.4%

      Utilities

      Item Costa Mesa National avg. Difference
      All Electricity $378.97$193.9995.4%
      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.
      Laguna Woods, CA16,05613029.7%
      Hawaiian Gardens, CA14,21214040.1%
      Stanton, CA38,31714242.2%
      Seal Beach, CA24,26814444.2%
      Santa Ana, CA332,61015352.6%
      Costa Mesa, CA112,95818787.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Temecula, CA113,11714948.6%
      Delta, BC112,691n/a 
      Clovis, CA112,66312828.2%
      Peoria, IL112,6448911.3%
      Manchester, NH112,44112020.0%
      Costa Mesa, CA112,95818787.4%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.