Newbury Park, CA, presents a cost of living significantly above the nationwide average. Housing costs, for instance, are 50% higher, making it a critical factor for potential residents. Other expenses, such as groceries, utilities, and healthcare, also hover around or above the national average, reflecting a generally elevated cost of living in this area.
Newbury Park, CA, presents a cost of living that is significantly higher than the nationwide average. This trend is evident across various aspects. For housing, the cost of living index is 150, which means it costs 50% more than the national average. This high cost can be a considerable factor for those considering a move to the area. Groceries also follow a similar pattern, with a cost of living index of 120, indicating an additional 20% expense compared to the national average.
Utilities in Newbury Park have a cost of living index of 110, suggesting an 10% increase over the national average. Transportation costs are also elevated, with an index of 130, representing a 30% rise. Healthcare costs mirror this trend, with an index of 130, which is again a 30% increase. Lastly, miscellaneous expenses, with an index of 115, reflect an additional 15% compared to the national average. Together, these factors highlight that living in Newbury Park, CA, tends to be more expensive than in many other parts of the country.
