Cost of living in Bear Valley Springs research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Bear Valley Springs is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Bear Valley Springs is 119, with 100 being the average.
The cost of living index in Bear Valley Springs is 1.2x higher than the national average.
Bear Valley Springs ranks as the #181 cheapest in California out of 635.
Bear Valley Springs ranks as the #4,736 cheapest out of 6,412 in the US.
The median home value in Bear Valley Springs is $373,600.
The median income in Bear Valley Springs is $89,281.
According to the most recent data on the cost of living, Bear Valley Springs has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to California, Bear Valley Springs has a cost of living index that's 0.9x lower than California's index of 139.
The standard of living in Bear Valley Springs ranks as #181 most affordable out of the 635 places we measured in California. By definition, that implies Bear Valley Springs ranks as the #454 most expensive place in the Golden State.
For more reading on life in Bear Valley Springs, check out:
Six factors go into calculating the cost of living index in Bear Valley Springs. Here is how it fairs on each of the criteria:
The Services index in Bear Valley Springs is 104.
The Groceries index in Bear Valley Springs is 103.
The Health index in Bear Valley Springs is 109.
The Housing index in Bear Valley Springs is 130.
The Transportation index in Bear Valley Springs is 128.
The Utilities index in Bear Valley Springs is 166.
Living Expense | Bear Valley Springs | California | National Average | |
---|---|---|---|---|
Overall | 119 | 139 | 100 | |
Services | 104 | 110 | 100 | |
Groceries | 103 | 112 | 100 | |
Health | 109 | 109 | 100 | |
Housing | 130 | 204 | 100 | |
Transportation | 128 | 126 | 100 | |
Utilities | 166 | 124 | 100 |
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Bear Valley Springs is $373,600.
The Median Rent in Bear Valley Springs is $1,051.
The Median Income in Bear Valley Springs is $89,281.
The Home Value To Income in Bear Valley Springs is 4.2x.
The Rent To Monthly Income in Bear Valley Springs is 0.14x.
Statistic | Bear Valley Springs | California | United States |
---|---|---|---|
Median Home Value | $373,600 | $573,200 | $244,900 |
Median Rent | $1,051 | $1,698 | $1,163 |
Median Income | $89,281 | $84,097 | $69,021 |
Home Value To Income | 4.2x | 6.8x | 3.5x |
Rent To Monthly Income | 0.14x | 0.24x | 0.2x |
Item | Bear Valley Springs | California |
---|---|---|
Shampoo | $1.16 | $1.06 |
Movie | $10.31 | $10.68 |
Bowling | $14.28 | $14.67 |
Haircut | $20.0 | $18.62 |
Beauty Salon | $55.0 | $39.05 |
Item | Bear Valley Springs | California |
---|---|---|
Ground Beef | $4.37 | $4.22 |
Fried Chicken | $1.53 | $1.39 |
Milk | $2.37 | $2.05 |
Potatoes | $3.31 | $3.29 |
Pizza | $8.97 | $10.62 |
Beer | $8.81 | $9.38 |
Toothpaste | $2.6 | $2.34 |
Item | Bear Valley Springs | California |
---|---|---|
Optometrist | $91.67 | $108.57 |
Doctor | $131.39 | $116.17 |
Dentist | $117.39 | $99.13 |
Item | Bear Valley Springs | California |
---|---|---|
Gasoline | $3.22 | $2.22 |
Tire Balancing | $46.66 | $50.07 |
Item | Bear Valley Springs | California |
---|---|---|
All Electricity | $370.41 | $167.67 |
Phone | $176.01 | $175.64 |
The cost of living varies in the cities and towns around Bear Valley Springs. Here's a quick look at the cost of living in the most populous nearby places:
Bakersfield, CA has a cost of living index of 117, 1.0x Bear Valley Springs.
Oildale, CA has a cost of living index of 103, 0.9x Bear Valley Springs.
Shafter, CA has a cost of living index of 106, 0.9x Bear Valley Springs.
City | Population | Cost Of Living | Vs. Bear Valley Springs |
---|---|---|---|
Bakersfield, CA | 398,756 | 117 | 1.0x |
Oildale, CA | 34,350 | 103 | 0.9x |
Shafter, CA | 19,897 | 106 | 0.9x |
Arvin, CA | 19,568 | 101 | 0.8x |
Rosedale, CA | 18,875 | 133 | 1.1x |
Castaic, CA | 18,017 | 145 | 1.2x |
Lamont, CA | 14,269 | 99 | 0.8x |
McFarland, CA | 14,085 | 107 | 0.9x |
Tehachapi, CA | 13,346 | 109 | 0.9x |
Quartz Hill, CA | 10,079 | 113 | 0.9x |