F
48%
Overall NAT. AVG.
13%
Goods & Services NAT. AVG.
129%
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 Escondido California National
Cost of living148140100
Goods & Services113111100
Groceries116112100
Health care105109100
Housing229196100
Transportation127126100
Utilities107127100

An Overview of Cost of Living in Escondido, CA

Understanding the cost of living in Escondido can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Escondido cost of living index is 148, which is 48% higher than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.

If you're in pursuit of an economical living environment, Escondido may not fit the bill, as it ranks among the most expensive places to reside in the United States. Just a minority of regions exhibit a cost of living that is more than 20% higher than the national average, and, unfortunately, Escondido falls within this bracket.

Housing costs are a very significant part of the Escondido 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 128.5% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.

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 Escondido, you can expect to pay 12.6% more than average for these items, making it a more expensive place to live.

The substantial and relentless rise in grocery prices definitely warrants some attention. Over the past two years, grocery expenses have escalated by more than 10%. Having said that, the situation in Escondido is even less favorable, with grocery prices here being 15.6% higher than the national average.

What Do Locals Say About the Cost of Living in Escondido?

The most insightful perspective on a city comes from its residents. We recently surveyed 9 locals to gauge their perception of the cost of living in Escondido. The feedback revealed that 56% of respondents found the cost of living to be reasonable, with prices on the decline, while 44% regarded it as notably expensive with prices that continue to rise.

Is Escondido Affordable?

Is Escondido affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Escondido, for instance, where the median home price falls 156.5% higher than the national average, and monthly rent rates are 63.3% higher than usual. Additionally, median income levels contribute to the equation, with Escondido flaunting a median household income of $65,326, 18.1% higher than the national norm.

What Factors can Influence the Cost of Living in Escondido?

Groceries: Grocery costs have continued to increase significantly over the last 2-3 years. In some markets the cost of food has gone up by more than 20% in that period. While other markets have managed to see only a moderate uptick. These food costs can have a major impact on the cost of living in any area. In Escondido, the groceries index is 15.6% higher than the national average.

Urbanization: Urban areas with a wealth of amenities and employment opportunities tend to come with a higher price tag for living. Why? Well, more people want to be there, which drives up home prices and rents. On the flip side, less densely populated rural areas or places where there's not as much demand usually mean fewer attractions, things to do and slower job growth. That often results in a lower cost of living.

Taxes: Regions that impose higher taxes, including sales and income taxes, can contribute to an increased cost of living. Higher taxes for everyday necessities such as clothing, utilities and food inevitably leads to higher expenditures. Additionally, a higher income tax rate can also play a role in elevating the overall cost of living. In Escondido, the prevailing sales tax rate starts at 7.25%, and income tax rates kick off at 1%.

Where is the Data From?

The Escondido 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. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Escondido is 6% higher than the California average
  • The cost of living in Escondido is 48% higher than the national average
  • Escondido housing is 129% 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 Escondido

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Compare Escondido, 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$96,660$8,055$2,255$2,900
      Renters$44,147$3,679$1,030$1,325
      A good indicator of the general affordability of housing in Escondido, CA, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Escondido, the median monthly income is $96,660 for those who own their own homes. Under the standard rule, that income level would allow for $2,255 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $44,147, per the median income in the area. That would allow for renters to spend up to $1,030 on monthly rental expenses.

      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 Escondido 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 Escondido 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 Escondido 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 Escondido National avg. Difference
      Home Price $473,700.00$184,700.00156.5%
      Avg. Mortgage Payment $5,168.91$2,346.69120.3%
      Apartment Rent $1,550.00$949.0063.3%

      Transportation

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

      Utilities

      Item Escondido 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.
      Camp Pendleton North, CA7,88513736.8%
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      Ramona, CA21,49315554.9%
      San Marcos, CA96,21916363.4%
      Valley Center, CA11,32016464.3%
      Escondido, CA150,39614848.4%

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      Killeen, TX148,5739010.3%
      Pasadena, TX152,537946.3%
      Sunnyvale, CA152,569266166.2%
      Escondido, CA150,39614848.4%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.