South El Monte, CA, has a cost of living that is notably higher than the nationwide average, which is set at 100. The housing index in South El Monte stands at 150, indicating that housing costs are 50% higher than the national average. This high housing cost significantly impacts the overall cost of living index in the area, making it more expensive for residents.
Additionally, other expenses like groceries and transportation also exceed the national average. Groceries have an index of 112, which is 12% more expensive, while transportation costs are 20% higher at 120. Though healthcare is slightly below the average at 98, the overall impact of higher housing and grocery costs makes South El Monte more expensive to live in compared to the national average.
The cost of living in South El Monte, CA, presents unique insights for those considering relocation. According to the latest data, South El Monte’s housing costs stand at an index of 150, which is 50% higher than the nationwide average. This elevated figure suggests that housing expenses in South El Monte are significantly steeper compared to the national standard.
Further examining other categories, groceries in South El Monte show an index of 112, indicating a 12% increase over the national average. Utilities, however, are slightly above average with an index of 105, a modest 5% increase. Transportation costs are also higher, coming in at 120, which is 20% more than the national average. Healthcare costs are lower, with an index of 98, showing a 2% decrease compared to the national average. Miscellaneous expenses, with an index of 115, reflect an 15% increase. Overall, while some areas like healthcare offer savings, the higher housing and transportation costs are key factors for job seekers to consider.
