Cost of living in Cypress 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 Cypress 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 Cypress is 154, with 100 being the average.
The cost of living index in Cypress is 1.5x higher than the national average.
Cypress ranks as the #434 cheapest in California out of 635.
Cypress ranks as the #5,915 cheapest out of 6,412 in the US.
The median home value in Cypress is $702,000.
The median income in Cypress is $109,180.
According to the most recent data on the cost of living, Cypress has an overall cost of living index of 154, which is 1.5x higher than the national index of 100.
Compared to California, Cypress has a cost of living index that's 1.1x higher than California's index of 139.
The standard of living in Cypress ranks as #434 most affordable out of the 635 places we measured in California. By definition, that implies Cypress ranks as the #201 most expensive place in the Golden State.
For more reading on life in Cypress, check out:
Six factors go into calculating the cost of living index in Cypress. Here is how it fairs on each of the criteria:
The Services index in Cypress is 115.
The Groceries index in Cypress is 114.
The Health index in Cypress is 106.
The Housing index in Cypress is 259.
The Transportation index in Cypress is 135.
The Utilities index in Cypress is 90.
Living Expense | Cypress | California | National Average | |
---|---|---|---|---|
Overall | 154 | 139 | 100 | |
Services | 115 | 110 | 100 | |
Groceries | 114 | 112 | 100 | |
Health | 106 | 109 | 100 | |
Housing | 259 | 204 | 100 | |
Transportation | 135 | 126 | 100 | |
Utilities | 90 | 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 Cypress is $702,000.
The Median Rent in Cypress is $2,065.
The Median Income in Cypress is $109,180.
The Home Value To Income in Cypress is 6.4x.
The Rent To Monthly Income in Cypress is 0.23x.
Statistic | Cypress | California | United States |
---|---|---|---|
Median Home Value | $702,000 | $573,200 | $244,900 |
Median Rent | $2,065 | $1,698 | $1,163 |
Median Income | $109,180 | $84,097 | $69,021 |
Home Value To Income | 6.4x | 6.8x | 3.5x |
Rent To Monthly Income | 0.23x | 0.24x | 0.2x |
Item | Cypress | California |
---|---|---|
Shampoo | $1.17 | $1.06 |
Movie | $14.48 | $10.68 |
Bowling | $24.56 | $14.67 |
Haircut | $22.6 | $18.62 |
Beauty Salon | $66.25 | $39.05 |
Item | Cypress | California |
---|---|---|
Ground Beef | $4.58 | $4.22 |
Fried Chicken | $1.72 | $1.39 |
Milk | $2.19 | $2.05 |
Potatoes | $2.99 | $3.29 |
Pizza | $11.66 | $10.62 |
Beer | $9.82 | $9.38 |
Toothpaste | $2.48 | $2.34 |
Item | Cypress | California |
---|---|---|
Optometrist | $106.53 | $108.57 |
Doctor | $100.28 | $116.17 |
Dentist | $114.52 | $99.13 |
Item | Cypress | California |
---|---|---|
Gasoline | $3.32 | $2.22 |
Tire Balancing | $52.6 | $50.07 |
Item | Cypress | California |
---|---|---|
All Electricity | $138.7 | $167.67 |
Phone | $176.01 | $175.64 |
The cost of living varies in the cities and towns around Cypress. Here's a quick look at the cost of living in the most populous nearby places:
Buena Park, CA has a cost of living index of 143, 0.9x Cypress.
Lakewood, CA has a cost of living index of 143, 0.9x Cypress.
Yorba Linda, CA has a cost of living index of 181, 1.2x Cypress.
City | Population | Cost Of Living | Vs. Cypress |
---|---|---|---|
Buena Park, CA | 83,974 | 143 | 0.9x |
Lakewood, CA | 82,419 | 143 | 0.9x |
Yorba Linda, CA | 68,319 | 181 | 1.2x |
Placentia, CA | 51,951 | 156 | 1.0x |
Cerritos, CA | 49,630 | 169 | 1.1x |
La Mirada, CA | 47,957 | 147 | 1.0x |
Stanton, CA | 38,167 | 127 | 0.8x |
North Tustin, CA | 25,708 | 191 | 1.2x |
Seal Beach, CA | 25,216 | 130 | 0.8x |
West Puente Valley, CA | 23,003 | 133 | 0.9x |