F
55%
Overall NAT. AVG.
12%
Goods & Services NAT. AVG.
157%
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 Temescal Valley California National
Cost of living155140100
Goods & Services112111100
Groceries113112100
Health care99109100
Housing257196100
Transportation124126100
Utilities94127100

An Overview of Cost of Living in Temescal Valley, CA

Knowing the cost of living in Temescal Valley allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Temescal Valley stands at 155, marking it 55% higher than the national average.

If you prioritize affordability when seeking a new place to live, Temescal Valley may not be your ideal choice, as it ranks among the most expensive locations in the entire United States. A very small amount of areas exhibit a cost of living at least 20% higher than the national average, and unfortunately, Temescal Valley falls into this category, which may not align with your preferences for a budget-friendly living environment.

Housing costs are a major factor in the Temescal Valley 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 157.1% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.

Recurring essentials like haircuts, toothpaste, and entertainment, from movies to gym sessions, can really add up in your budget and make up 33% of the cost of living index. In Temescal Valley, you you will have to spend 12% more than average when compared to the typical prices for these items, making it a more expensive place to live.

Groceries are getting more expensive by the day and the cost of groceries makes up 13% of the overall cost of living index. In the past two years, prices have shot up by over 10%! Unfortunately, in Temescal Valley, it's the same story – grocery costs are 13.1% higher than what people pay across the country.

Is Temescal Valley Affordable?

Is Temescal Valley 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 Temescal Valley, the median home price is 158% higher than the national average and monthly rent prices are 154.9% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Temescal Valley boasting a median household income of $102,179, 84.7% higher than the national average.

What Factors can Influence the Cost of Living in Temescal Valley?

Healthcare: Healthcare expenditures and insurance premium rates can vary significantly, contingent upon the particular city or state. Factors such as the accessibility of healthcare facilities, out-of-pocket expenses for doctor's appointments, dental care charges, prescription medication costs, and expenses related to specialized medical care can all have an impact on the overall cost of living. In Temescal Valley, healthcare costs are 1.2% lower than the national average.

Taxes: Locations with elevated tax rates, encompassing both sales and income taxes, can be a factor in driving up the cost of living. When you're paying more in taxes for everyday goods and services, it naturally translates into higher expenses. Similarly, a higher income tax rate can also contribute to an overall higher cost of living. In Temescal Valley, the standard sales tax rate starts at 7.25%, and the income tax rates commence at 1%.

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.

Where is the Data From?

The Temescal Valley 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 Temescal Valley is 11% higher than the California average
  • The cost of living in Temescal Valley is 55% higher than the national average
  • Temescal Valley housing is 157% 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 Temescal Valley

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Compare Temescal Valley, 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$105,184$8,765$2,454$3,156
      Renters$91,979$7,665$2,146$2,760
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Temescal Valley, 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 Temescal Valley, homeowners have a median income of $105,184. Using that number, a maximum of $2,454 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $91,979, which means there is a maximum of $2,146 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 Temescal Valley 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 Temescal Valley 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 Temescal Valley 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 Temescal Valley National avg. Difference
      Home Price $476,600.00$184,700.00158.0%
      Avg. Mortgage Payment $2,441.43$2,346.694.0%
      Apartment Rent $2,419.00$949.00154.9%

      Transportation

      Item Temescal Valley National avg. Difference
      Gasoline $4.75$3.4637.3%
      Tire Balancing $61.38$59.922.4%

      Utilities

      Item Temescal Valley 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.
      Las Flores CDP (Tehama County), CA32411110.6%
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      Warm Springs, CA1,44511414.4%
      Meadowbrook, CA4,20811515.2%
      Mead Valley, CA20,81712121.4%
      Temescal Valley, CA28,42015554.5%

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      Williamsport, PA28,437909.8%
      Woolwich, ON28,438n/a 
      Jacksonville, AR28,442927.8%
      Burbank, IL28,4471066.2%
      Englewood, NJ28,39014343.3%
      Temescal Valley, CA28,42015554.5%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.