The cost of living in Rancho Palos Verdes, CA, significantly exceeds the nationwide average. Housing costs are 150% higher, groceries are 15% higher, utilities are 20% higher, transportation is 10% higher, healthcare is 25% higher, and miscellaneous expenses are 30% higher than the national average. This data highlights the elevated expenses residents face in this area.
The cost of living in Rancho Palos Verdes, CA, significantly exceeds the nationwide average. Housing costs are particularly high, with an index of 250, which means they are 150% higher than the national average. This elevated housing index reflects the premium prices often seen in desirable coastal areas. Job seekers should be prepared for a substantial portion of their income to go towards housing.
Other expenses in Rancho Palos Verdes also show a marked increase compared to the national average. For instance, groceries have an index of 115, indicating they are 15% more expensive. Utilities, transportation, healthcare, and miscellaneous costs also surpass the national average by 20%, 10%, 25%, and 30%, respectively. These figures highlight the overall higher cost of living in this area, which is important for professionals considering relocation.
