F
49%
Overall NAT. AVG.
16%
Goods & Services NAT. AVG.
126%
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 West Puente Valley California National
Cost of living149140100
Goods & Services116111100
Groceries112112100
Health care108109100
Housing226196100
Transportation124126100
Utilities112127100

An Overview of Cost of Living in West Puente Valley, CA

Understanding the cost of living in West Puente Valley can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The West Puente Valley cost of living index is 149, which is 49% higher than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.

If you value affordability in your search for a new place to live, West Puente Valley 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, West Puente Valley 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 West Puente Valley, 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 126% more expensive compared to your average city. That means you'll be shelling out more for homes, rents, 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 West Puente Valley, you you will have to spend 16.2% 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 West Puente Valley, it's the same story – grocery costs are 12.2% higher than what people pay across the country.

Is West Puente Valley Affordable?

Is West Puente Valley an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in West Puente Valley is 146.6% higher than the national average, while the average monthly rent prices are 77.9% higher than average. The affordability of any location can also be influenced by median income levels. West Puente Valley has a median household income of $78,934, which is 42.7% higher than the national average.

What Factors can Influence the Cost of Living in West Puente Valley?

Urbanization: Larger, urban hubs brimming with ample amenities and robust employment opportunities often showcase a heightened cost of living. This surge is primarily attributed to the amplified demand for services and increased residential migration, culminating in elevated home prices and elevated rental rates. Conversely, less densely populated rural locales or regions characterized by reduced demand tend to offer a more limited array of amenities and undergo slower job market growth, ultimately yielding a more affordable cost of living.

Utilities: Much like any other costs, utility expenses can exhibit considerable variations, influenced by factors such as climate, available energy sources, geographic location and state regulations. The costs associated with electricity, water, heating, and waste disposal can vary significantly depending on the city or state in question. In West Puente Valley, the utilities index stands at 12.4% higher than the national average.

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 West Puente Valley, the groceries index is 12.2% higher than the national average.

Where is the Data From?

The West Puente Valley 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 West Puente Valley is 7% higher than the California average
  • The cost of living in West Puente Valley is 49% higher than the national average
  • West Puente Valley housing is 126% 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 West Puente Valley

See all the best places to live around West Puente Valley

Compare West Puente 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$81,944$6,829$1,912$2,459
      Renters$71,221$5,935$1,662$2,137
      The affordability of the housing market in West Puente Valley, CA as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among West Puente Valley homeowners, the median income is $81,944. This indicates that a monthly maximum of $1,912 should be spent by homeowners on all housing related costs. Renters have a median income of $71,221. This indicates that renters would have a maximum of $1,662 for their rent related monthly 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 West Puente Valley 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 West Puente Valley 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 West Puente Valley 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 West Puente Valley National avg. Difference
      Home Price $455,400.00$184,700.00146.6%
      Avg. Mortgage Payment $2,799.02$2,346.6919.3%
      Apartment Rent $1,688.00$949.0077.9%

      Transportation

      Item West Puente Valley National avg. Difference
      Gasoline $4.47$3.4629.3%
      Tire Balancing $58.33$59.922.6%

      Utilities

      Item West Puente Valley 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.
      Vernon, CA24811717.0%
      Compton, CA95,80413636.2%
      Industry, CA26413333.1%
      East Rancho Dominguez, CA15,25213736.7%
      Paramount, CA53,94913938.9%
      West Puente Valley, CA23,55514948.7%

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      Fish Hawk, FL23,55612525.0%
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      Jacksonville Beach, FL23,56212424.1%
      Barstow, CA23,5471000.1%
      Hialeah Gardens, FL23,54611312.9%
      West Puente Valley, CA23,55514948.7%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.