The cost of living index in Pacoima, CA, is notably higher than the nationwide average, which is set at 100. Housing costs are 38% higher, making it the most expensive category. Other expenses like groceries, utilities, and transportation also exceed the national average, showing that living in Pacoima can be more costly. Despite the elevated housing prices, some areas remain more affordable. For example, healthcare costs in Pacoima are 2% below the national average, and utilities are only 5% higher. This mix of costs highlights the need for a detailed look at each expense when considering a move to Pacoima.
The cost of living in Pacoima, CA, shows some differences when compared to the nationwide average, which is set at 100. Housing costs in Pacoima stand at 138, meaning residents pay 38% more for housing than the average American. This indicates that finding an affordable home in Pacoima can be quite challenging due to higher housing expenses.
Other areas also reflect notable differences. For groceries, the index is 110, which is 10% higher than the national average. Utilities follow closely behind with an index of 105, a 5% increase. Transportation costs are 20% higher, with an index of 120, while healthcare costs are slightly lower at 98, a 2% decrease. Miscellaneous expenses show a modest increase of 15% with an index of 115. These factors combined make the overall cost of living in Pacoima notably higher for residents.