F
76%
Overall NAT. AVG.
16%
Goods & Services NAT. AVG.
217%
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 Moorpark California National
Cost of living176140100
Goods & Services116111100
Groceries112112100
Health care108109100
Housing317196100
Transportation124126100
Utilities112127100

An Overview of Cost of Living in Moorpark, CA

Are you thinking about relocating, but curious about the potential cost of living in Moorpark? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Moorpark stands at 176, making it 76% 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 Moorpark 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, Moorpark falls into this category, which may not be suitable for those seeking an economically favorable living environment.

Housing costs are a major factor in the Moorpark cost of living index, and they often eat up a big chunk of your take-home pay. Unfortunately, in this area, housing expenses for both homeownership and rentals were 216.8% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.

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 Moorpark, these items will cost you 16.2% more than what's considered the norm, making it a more expensive place to call home.

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, Moorpark is no exception, where grocery prices are 12.2% above the national average.

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

Nobody knows their city better than the people who actually live there. So, we asked 6 local residents how they would rate the cost of living in Moorpark and this is how they responded. 33% of people said that the cost of living was affordable, with prices decreasing, while 67% of people said that the cost of living was very expensive and prices continue to rise.

Is Moorpark Affordable?

Is Moorpark 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 Moorpark, the median home price is 258.6% higher than what most folks pay across the country, and monthly rent prices are 119.2% higher than the usual rates. Income levels in Moorpark come in at $119,597, which is 116.2% higher than the national average.

What Factors can Influence the Cost of Living in Moorpark?

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 Moorpark, the groceries index is 12.2% higher than the national average.

Urbanization: Urban areas with extensive amenities and job opportunities tend to have a higher cost of living due to increased demand for services and relocation, resulting in higher home prices and higher rents. Less densely populated rural areas, or areas with less demand tend to have fewer amenities and slower job growth, which results in a lower cost of living.

Housing: A sought-after location with high housing demand often leads to increased property values and rental rates, which can significantly inflate the overall cost of living. Conversely, areas with low housing demand, particularly in less desirable locales, tend to experience the opposite effect, causing prices to drop and contributing to a more affordable cost of living. In Moorpark, the housing index stands at 216.8% higher than the national average.

Where is the Data From?

The Moorpark 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 Moorpark is 26% higher than the California average
  • The cost of living in Moorpark is 76% higher than the national average
  • Moorpark housing is 217% 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 Moorpark

See all the best places to live around Moorpark

Compare Moorpark, 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$131,875$10,990$3,077$3,957
      Renters$78,438$6,537$1,830$2,353
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Moorpark, 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 Moorpark homeowners, is $131,875. This would allow for a maximum of $3,077 per month to be spent on housing costs. For renters, the median monthly income is $78,438 which would result in a maximum of $1,830 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 Moorpark 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 Moorpark 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 Moorpark 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 Moorpark National avg. Difference
      Home Price $662,400.00$184,700.00258.6%
      Avg. Mortgage Payment $2,799.02$2,346.6919.3%
      Apartment Rent $2,080.00$949.00119.2%

      Transportation

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

      Utilities

      Item Moorpark 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.
      Piru, CA2,12613333.4%
      Val Verde, CA3,26113939.1%
      Santa Paula, CA30,29714242.0%
      Fillmore, CA15,63114544.7%
      Castaic, CA18,47916463.8%
      Moorpark, CA36,44317676.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Kearns, UT36,45711110.7%
      Phenix City, AL36,461919.2%
      Oakton, VA36,46816666.1%
      Trumbull, CT36,47713838.5%
      West Fargo, ND36,4061043.7%
      Moorpark, CA36,44317676.0%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.