The cost of living index in Pacoima, CA, stands significantly higher than the nationwide average of 100. Housing, for instance, shows a striking 50% increase, with an index of 150. In addition, groceries, utilities, transportation, healthcare, and miscellaneous costs also exceed the national average by a notable margin.
Housing leads the way with its 50% hike, followed by groceries at 15%, utilities at 10%, transportation at 20%, healthcare at 5%, and miscellaneous costs at 25%. This data suggests that residents in Pacoima, CA, face higher expenses across most living categories compared to the average American.
The cost of living in Pacoima, CA, exceeds the nationwide average by significant margins in several key areas. Housing, for example, has an index of 150, meaning it costs 50% more than the national average. This substantial increase means that finding affordable housing can be challenging for residents. Additionally, groceries have an index of 115, indicating that food costs are 15% higher than average. These elevated prices can make everyday expenses more burdensome for individuals and families living in Pacoima.
Utilities, transportation, healthcare, and miscellaneous expenses also show increases over the national average. Utilities stand at 110, suggesting a 10% higher cost. Transportation, with an index of 120, is 20% more expensive. Healthcare costs, though slightly below the national average at 105, are still 5% higher. Miscellaneous expenses, which cover a range of items and services, have an index of 125, meaning they are 25% higher than average. These factors combined make the overall cost of living in Pacoima, CA, considerably higher than the nationwide benchmark of 100.
