F
35%
Overall NAT. AVG.
12%
Goods & Services NAT. AVG.
90%
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 Home Gardens California National
Cost of living135140100
Goods & Services112111100
Groceries113112100
Health care99109100
Housing190196100
Transportation124126100
Utilities94127100

An Overview of Cost of Living in Home Gardens, CA

Are you thinking about relocating, but curious about the potential cost of living in Home Gardens? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Home Gardens stands at 135, making it 35% 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.

If you value affordability in your search for a new place to live, Home Gardens may not be the most suitable option, as it stands out as one of the priciest areas in the entire United States. Only a small fraction of regions have a cost of living that is more than 20% higher than the national average, and regrettably, Home Gardens falls into this category, which may not align with your desire for an affordable place to call home.

When it comes to the cost of living in Home Gardens, housing costs are a real heavyweight, often hogging a significant chunk of your earnings. Sadly, in this area, housing expenses for both buying and renting were 90.4% more expensive compared to your average city. That means you'll be shelling out more for homes, rents, mortgage rates and insurance.

Everyday goods and services make up 33% of the cost of living index and include things like clothing, personal hygiene products and entertainment which are a large portion of your monthly expenditures. Unfortunately, Home Gardens goods and services are 12% more expensive than the national average, leaving you with less money at the end of the month.

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, Home Gardens is no exception, where grocery prices are 13.1% above the national average.

Is Home Gardens Affordable?

Is Home Gardens affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Home Gardens, the median home price is 100.1% higher than the national average and monthly rent prices are 67.8% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Home Gardens boasting a median household income of $67,716, 22.4% higher than the national average.

What Factors can Influence the Cost of Living in Home Gardens?

Subsidies: Certain cities or states may implement government subsidies or assistance programs with the goal of alleviating the cost of living pressures on their residents. These programs encompass a broad spectrum of support mechanisms, including 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 offering fewer subsidies may experience a rise in their cost of living.

Groceries: The costs associated with groceries have witnessed substantial increases over the past 2-3 years. In select markets, food prices have escalated by more than 20% during this timeframe, whereas others have seen more restrained upticks. The variances in food expenses can exert a considerable influence on the overall cost of living in a given locale. In Home Gardens, the groceries index is 13.1% higher than the national average.

Taxes: Cities that impose higher taxes, including sales and income taxes, can contribute to an escalated cost of living. The added expense of taxes on everyday goods like clothing and food naturally results in higher overall costs. Similarly, a higher income tax rate can further elevate the cost of living. In Home Gardens, the general sales tax rate starts at 7.25%, and income tax rates begin at 1%.

Where is the Data From?

The Home Gardens 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 Home Gardens is 4% lower than the California average
  • The cost of living in Home Gardens is 35% higher than the national average
  • Home Gardens housing is 90% 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 Home Gardens

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Compare Home Gardens, 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$69,246$5,771$1,616$2,078
      Renters$48,438$4,037$1,130$1,453
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Home Gardens, CA, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Home Gardens homeowners, is $69,246. This would allow for a maximum of $1,616 per month to be spent on housing costs. For renters, the median monthly income is $48,438 which would result in a maximum of $1,130 to be spent on rental 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 Home Gardens 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 Home Gardens 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 Home Gardens 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 Home Gardens National avg. Difference
      Home Price $369,500.00$184,700.00100.1%
      Avg. Mortgage Payment $2,441.43$2,346.694.0%
      Apartment Rent $1,592.00$949.0067.8%

      Transportation

      Item Home Gardens National avg. Difference
      Gasoline $4.75$3.4637.3%
      Tire Balancing $61.38$59.922.4%

      Utilities

      Item Home Gardens 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.
      Good Hope, CA8,43111413.7%
      Warm Springs, CA1,44511414.4%
      Meadowbrook, CA4,20811515.2%
      Mead Valley, CA20,81712121.4%
      Colton, CA54,21512222.2%
      Home Gardens, CA12,02713534.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Somersworth, NH12,02711716.5%
      Hasbrouck Heights, NJ12,02613838.3%
      Green River, WY12,0251032.7%
      Rawdon, QC12,021n/a 
      Adjala-Tosorontio, ON12,021n/a 
      Home Gardens, CA12,02713534.5%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.