D-
10%
Overall NAT. AVG.
5%
Goods & Services NAT. AVG.
1%
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 Ridgecrest California National
Cost of living110140100
Goods & Services105111100
Groceries107112100
Health care93109100
Housing99196100
Transportation127126100
Utilities157127100

An Overview of Cost of Living in Ridgecrest, CA

The cost of living in Ridgecrest 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 Ridgecrest is 110, which is 10% higher than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.

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

The most insightful perspective on a city comes from its residents. We recently surveyed 7 locals to gauge their perception of the cost of living in Ridgecrest. The feedback revealed that 43% of respondents found the cost of living to be reasonable, with prices on the decline, while 57% regarded it as notably expensive with prices that continue to rise.

Is Ridgecrest Affordable?

Is Ridgecrest 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 Ridgecrest, the median home price is 0.1% lower than what most folks pay across the country, and monthly rent prices are 2.2% lower than the usual rates. Income levels in Ridgecrest come in at $71,774, which is 29.7% higher than the national average.

What Factors can Influence the Cost of Living in Ridgecrest?

Groceries: Over the past 2-3 years, grocery expenses have experienced substantial upward trends. In certain markets, food prices have surged by over 20% during this period, while others have witnessed more modest increases. These fluctuations in food costs can wield significant influence over the overall cost of living in a given region. In Ridgecrest, the groceries index is 6.6% higher than the national average.

Transportation: When public transportation options are limited or non-existent, residents frequently resort to vehicle ownership, which can significantly contribute to the overall cost of living. Monthly financial obligations encompass fuel, insurance, regular maintenance and potentially lease or financing expenses. In Ridgecrest, the transportation index is 27.2% higher than the national average.

Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Ridgecrest, the housing index is 0.7% lower than the national average.

Where is the Data From?

The Ridgecrest 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 Ridgecrest is 21% lower than the California average
  • The cost of living in Ridgecrest is 10% higher than the national average
  • Ridgecrest housing is 1% lower 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 Ridgecrest

See all the best places to live around Ridgecrest

Compare Ridgecrest, 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$87,188$7,266$2,034$2,616
      Renters$49,770$4,148$1,161$1,493
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Ridgecrest, CA, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Ridgecrest, homeowners have a median income of $87,188. Using that number, a maximum of $2,034 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $49,770, which means there is a maximum of $1,161 to be spent on the costs of renting a home or apartment.

      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 Ridgecrest National avg. Difference
      Haircut $26.25$24.268.2%
      Beauty Salon $89.33$45.5696.1%
      Toothpaste $3.75$3.701.3%
      Shampoo $1.48$1.2815.6%
      Movie $18.12$12.1349.4%
      Bowling $22.67$18.0025.9%

      Groceries

      Item Ridgecrest National avg. Difference
      Ground Beef $5.77$5.841.1%
      Fried Chicken $2.63$1.5767.0%
      Milk $4.91$4.675.0%
      Potatoes $4.90$4.930.6%
      Pizza $13.49$12.0911.6%
      Beer $11.13$10.416.9%

      Health Care

      Item Ridgecrest National avg. Difference
      Optometrist $142.20$125.6813.1%
      Doctor $131.33$135.783.3%
      Dentist $131.50$113.2916.1%
      Ibuprofen $11.78$10.6510.6%
      Lipitor $508.17$468.608.4%

      Housing

      Item Ridgecrest National avg. Difference
      Home Price $184,600.00$184,700.000.1%
      Avg. Mortgage Payment $5,847.37$2,346.69149.2%
      Apartment Rent $928.00$949.002.2%

      Transportation

      Item Ridgecrest National avg. Difference
      Gasoline $4.62$3.4633.6%
      Tire Balancing $61.00$59.921.8%

      Utilities

      Item Ridgecrest National avg. Difference
      All Electricity $231.40$193.9919.3%
      Phone $193.81$192.250.8%
      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.
      Inyokern, CA64511515.0%
      Pearsonville, CA011515.0%
      China Lake Acres, CA2,4501054.7%
      Ridgecrest, CA28,90511010.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Port Huron, MI28,9188910.9%
      New Iberia, LA28,9658712.7%
      Mehlville, MO28,824937.4%
      Paragould, AR28,8218713.0%
      Bella Vista, AR28,819972.6%
      Ridgecrest, CA28,90511010.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.