Cost of Living in Lake Sherwood, CA

F
242%
Overall NAT. AVG.
16%
Goods & Services NAT. AVG.
769%
Housing NAT. AVG.
Search Homes for Sale
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 Lake Sherwood California National
Cost of living342140100
Goods & Services116111100
Groceries112112100
Health care108109100
Housing869196100
Transportation124126100
Utilities112127100
New Real Estate Listings in Lake Sherwood Area
Search
Search Homes for Sale in Lake Sherwood, CA
See How Much House You Can Afford. Get Pre-Approved Today

Cost Of Living Quick Facts

  • The cost of living in Lake Sherwood is 145% higher than the California average
  • The cost of living in Lake Sherwood is 242% higher than the national average
  • Lake Sherwood housing is 769% 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 Lake Sherwood

See all the best places to live around Lake Sherwood

Compare Lake Sherwood, CA Cost of Living

      vs
      How would you rate the cost of living in Lake Sherwood?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Lake Sherwood?
      Write a review to give others more information about this area.
      See all Lake Sherwood poll results

      The best places in California

      Here are the best places to live in CaliforniaMost Dangerous States In The USCheck out the 10 safest cities in CaliforniaSee the best places to live in Lake Sherwood

      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$250,001$20,833$5,833$7,501
      Renters$154,643$12,887$3,608$4,640

      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 Lake Sherwood National avg. Difference
      Haircut $24.67$24.261.7%
      Beauty Salon $49.33$45.568.3%
      Toothpaste $3.76$3.701.5%
      Shampoo $1.41$1.289.8%
      Movie $13.46$12.1311.0%
      Bowling $19.07$18.006.0%

      Groceries

      Item Lake Sherwood National avg. Difference
      Ground Beef $6.26$5.847.2%
      Fried Chicken $2.08$1.5732.2%
      Milk $4.76$4.671.9%
      Potatoes $4.94$4.930.2%
      Pizza $16.13$12.0933.5%
      Beer $9.60$10.417.8%

      Health Care

      Item Lake Sherwood National avg. Difference
      Optometrist $129.09$125.682.7%
      Doctor $119.86$135.7811.7%
      Dentist $108.07$113.294.6%
      Ibuprofen $10.36$10.652.7%
      Lipitor $505.41$468.607.9%

      Housing

      Item Lake Sherwood National avg. Difference
      Home Price $2,000,001.00$184,700.00982.8%
      Avg. Mortgage Payment $2,799.02$2,346.6919.3%
      Apartment Rent $3,501.00$949.00268.9%

      Transportation

      Item Lake Sherwood National avg. Difference
      Gasoline $4.47$3.4629.3%
      Tire Balancing $58.33$59.922.6%

      Utilities

      Item Lake Sherwood National avg. Difference
      All Electricity $326.49$193.9968.3%
      Phone $182.78$192.254.9%
      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.
      Saticoy, CA1,73914040.4%
      Santa Susana, CA92416868.0%
      Simi Valley, CA125,76817170.8%
      Camarillo, CA68,58317271.8%
      Casa Conejo, CA3,18417474.2%
      Lake Sherwood, CA1,697342241.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Essex, MA1,69715251.7%
      Sainte-Marcelline-de-Kildare, QC1,697n/a 
      Lamar, AR1,6967623.8%
      Barry, IL1,6987921.3%
      Aberdeen, IN1,69812625.7%
      Lake Sherwood, CA1,697342241.5%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2024