Cost of living in El Segundo 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 El Segundo 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 El Segundo is 191, with 100 being the average.
The cost of living index in El Segundo is 1.9x higher than the national average.
El Segundo ranks as the #556 cheapest in California out of 635.
El Segundo ranks as the #6,276 cheapest out of 6,412 in the US.
The median home value in El Segundo is $1,244,200.
The median income in El Segundo is $126,683.
According to the most recent data on the cost of living, El Segundo has an overall cost of living index of 191, which is 1.9x higher than the national index of 100.
Compared to California, El Segundo has a cost of living index that's 1.4x higher than California's index of 139.
The standard of living in El Segundo ranks as #556 most affordable out of the 635 places we measured in California. By definition, that implies El Segundo ranks as the #79 most expensive place in the Golden State.
For more reading on life in El Segundo, check out:
Six factors go into calculating the cost of living index in El Segundo. Here is how it fairs on each of the criteria:
The Services index in El Segundo is 118.
The Groceries index in El Segundo is 113.
The Health index in El Segundo is 112.
The Housing index in El Segundo is 364.
The Transportation index in El Segundo is 137.
The Utilities index in El Segundo is 110.
Living Expense | El Segundo | California | National Average | |
---|---|---|---|---|
Overall | 191 | 139 | 100 | |
Services | 118 | 110 | 100 | |
Groceries | 113 | 112 | 100 | |
Health | 112 | 109 | 100 | |
Housing | 364 | 204 | 100 | |
Transportation | 137 | 126 | 100 | |
Utilities | 110 | 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 El Segundo is $1,244,200.
The Median Rent in El Segundo is $2,210.
The Median Income in El Segundo is $126,683.
The Home Value To Income in El Segundo is 9.8x.
The Rent To Monthly Income in El Segundo is 0.21x.
Statistic | El Segundo | California | United States |
---|---|---|---|
Median Home Value | $1,244,200 | $573,200 | $244,900 |
Median Rent | $2,210 | $1,698 | $1,163 |
Median Income | $126,683 | $84,097 | $69,021 |
Home Value To Income | 9.8x | 6.8x | 3.5x |
Rent To Monthly Income | 0.21x | 0.24x | 0.2x |
Item | El Segundo | California |
---|---|---|
Shampoo | $1.17 | $1.06 |
Movie | $16.3 | $10.68 |
Bowling | $21.33 | $14.67 |
Haircut | $22.57 | $18.62 |
Beauty Salon | $76.5 | $39.05 |
Item | El Segundo | 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 | $2.51 | $2.34 |
Item | El Segundo | California |
---|---|---|
Optometrist | $125.58 | $108.57 |
Doctor | $125.0 | $116.17 |
Dentist | $110.78 | $99.13 |
Item | El Segundo | California |
---|---|---|
Gasoline | $3.31 | $2.22 |
Tire Balancing | $50.62 | $50.07 |
Item | El Segundo | California |
---|---|---|
All Electricity | $185.68 | $167.67 |
Phone | $189.51 | $175.64 |
The cost of living varies in the cities and towns around El Segundo. Here's a quick look at the cost of living in the most populous nearby places:
Torrance, CA has a cost of living index of 171, 0.9x El Segundo.
Inglewood, CA has a cost of living index of 133, 0.7x El Segundo.
Hawthorne, CA has a cost of living index of 141, 0.7x El Segundo.
City | Population | Cost Of Living | Vs. El Segundo |
---|---|---|---|
Torrance, CA | 147,156 | 171 | 0.9x |
Inglewood, CA | 108,206 | 133 | 0.7x |
Hawthorne, CA | 87,863 | 141 | 0.7x |
Lakewood, CA | 82,419 | 143 | 0.7x |
Redondo Beach, CA | 70,998 | 189 | 1.0x |
Cerritos, CA | 49,630 | 169 | 0.9x |
Rancho Palos Verdes, CA | 42,316 | 217 | 1.1x |
Manhattan Beach, CA | 35,585 | 278 | 1.5x |
Lawndale, CA | 32,035 | 141 | 0.7x |
South Pasadena, CA | 26,837 | 195 | 1.0x |