Calabasas, CA, has a higher cost of living compared to the nationwide average. The overall cost of living index in Calabasas stands at 124, which is 24% above the average. Housing costs, in particular, are significantly higher, with an index of 166—66% above the nationwide average. This means that residents in Calabasas will likely face greater expenses, especially when it comes to housing.
Calabasas, CA, stands out with a cost of living index that significantly exceeds the national average. Housing costs are notably higher, with an index of 166 compared to the nationwide average of 100. This means residents pay 66% more for housing than the average American. The housing market in Calabasas remains one of the most expensive areas in the country, making it a premium location for those willing to invest in real estate.
Additionally, Calabasas shows other areas with elevated costs. Groceries have a cost of living index of 110, which is 10% higher than the national average. Utilities and transportation also show some increases, with indexes of 120 and 115, respectively. These rises suggest that essential living expenses are more significant in Calabasas. Healthcare costs, however, are slightly below the national average at 105, showing a minor relief in one of the major expense categories. Overall, the cost of living in Calabasas reflects a lifestyle that is more expensive than what most Americans experience nationwide.