F
136%
Overall NAT. AVG.
12%
Goods & Services NAT. AVG.
428%
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 Coto de Caza California National
Cost of living236140100
Goods & Services112111100
Groceries113112100
Health care99109100
Housing528196100
Transportation124126100
Utilities94127100

An Overview of Cost of Living in Coto de Caza, CA

The cost of living in Coto de Caza affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Coto de Caza is 236, which is 136% higher than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.

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

Housing costs significantly influence the Coto de Caza 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 428%. This entails elements such as housing and rental prices, mortgage interest rates and insurance costs.

Goods and services make up 33% of the total cost of living index score and are a large part of your everyday expenses. These items could include things like haircuts, salons, toothpaste, shampoo, clothes, movies, bowling, gym memberships or yoga. In Coto de Caza, you can expect to pay 12% more than average for these items, making it a more expensive place to live.

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, Coto de Caza is no exception, where grocery prices are 13.1% above the national average.

Is Coto de Caza Affordable?

Wondering if Coto de Caza 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 Coto de Caza, for example, the median home price is 502.4% higher than what folks pay nationally, and monthly rent is 254.6% higher than the usual rates. Plus, income levels matter too, with Coto de Caza boasting a median household income of $200,600, which is 262.6% higher than the national average.

What Factors can Influence the Cost of Living in Coto de Caza?

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 Coto de Caza, the baseline sales tax rate begins at 7.25%, and income tax rates start at 1%.

Healthcare: Healthcare costs and insurance premiums can fluctuate greatly based on the city or state. Access to healthcare facilities, out-of-pocket expenses for doctor\’s visits, dentist costs, medication costs and specialized care costs can all impact the cost of living. In Coto de Caza, the healthcare costs are 1.2% lower than the national average.

Housing: Elevated demand for housing within coveted locales has the propensity to escalate both property values and rental rates, thereby serving as a primary catalyst for an augmented cost of living. Conversely, areas witnessing diminished housing demand, particularly within less desirable environs, often experience an inversely proportional effect, leading to price reductions and subsequently contributing to a more modest cost of living. In Coto de Caza, the housing index is 428% higher than the national average.

Where is the Data From?

The Coto de Caza cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. Published on a quarterly basis, it compiles data from more than 300 independent researchers, encompassing over 60 goods and services. These items have been meticulously selected to represent various consumer expenditure categories, in 6 categories. Weightings assigned to cost differentials draw from government survey data tracking spending patterns among professional and executive households. While the C2ER index excludes data on sales or income tax rates, AreaVibes incorporates 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 Coto de Caza is 69% higher than the California average
  • The cost of living in Coto de Caza is 136% higher than the national average
  • Coto de Caza housing is 428% 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 Coto de Caza

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      Salary Calculator

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      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$203,750$16,979$4,754$6,113
      Renters$175,852$14,654$4,103$5,276
      The affordability of the housing market in Coto de Caza, CA as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Coto de Caza homeowners, the median income is $203,750. This indicates that a monthly maximum of $4,754 should be spent by homeowners on all housing related costs. Renters have a median income of $175,852. This indicates that renters would have a maximum of $4,103 for their rent related monthly costs.

      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 Coto de Caza 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 Coto de Caza 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 Coto de Caza 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 Coto de Caza National avg. Difference
      Home Price $1,112,600.00$184,700.00502.4%
      Avg. Mortgage Payment $2,441.43$2,346.694.0%
      Apartment Rent $3,365.00$949.00254.6%

      Transportation

      Item Coto de Caza National avg. Difference
      Gasoline $4.75$3.4637.3%
      Tire Balancing $61.38$59.922.4%

      Utilities

      Item Coto de Caza 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.
      Las Flores CDP (Tehama County), CA32411110.6%
      Warm Springs, CA1,44511414.4%
      Lakeland Village, CA12,36212928.6%
      Laguna Woods, CA16,05613029.7%
      Lake Elsinore, CA64,20113333.3%
      Coto de Caza, CA15,509236135.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Longwood, FL15,5141066.3%
      Middleburg Heights, OH15,514945.5%
      Clearview, ON15,502n/a 
      Dickson, TN15,500946.5%
      The Dalles, OR15,5181088.4%
      Coto de Caza, CA15,509236135.8%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.