Canyon Country, CA, shows a higher cost of living compared to the nationwide average. Housing costs are 45% higher, while groceries and utilities are slightly above the average. Transportation and healthcare costs are close to the national average, but miscellaneous expenses are 10% higher.
Overall, Canyon Country's cost of living index stands at 104, which is 4% above the nationwide average of 100. This indicates that living expenses in Canyon Country are generally higher than the national average.
Canyon Country, CA, shows a higher cost of living compared to the nationwide average in several areas. The housing index stands at 145, indicating that housing costs are 45% higher than the national average. This significant increase suggests that potential residents should budget more for rent or mortgage payments. Groceries, another essential expense, have an index of 102, which means they are 2% higher than the average. This slight increase may not greatly affect monthly grocery bills but is still a factor to consider.
Utilities in Canyon Country are slightly below the national average, with an index of 98, representing a 2% decrease. This could offer some relief for those concerned about monthly expenses. Transportation costs are 5% higher, with an index of 105, which might impact daily commutes and overall travel expenses. Healthcare costs are 5% lower, with an index of 95, potentially providing some savings for medical-related expenses. Miscellaneous costs, with an index of 110, are 10% higher, reflecting additional expenses for various goods and services. Overall, Canyon Country presents a mixed picture of cost of living, with some areas higher and others lower than the national average.