Cost of living in Golden Hills 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 Golden Hills 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 Golden Hills is 114, with 100 being the average.
The cost of living index in Golden Hills is 1.1x higher than the national average.
Golden Hills ranks as the #157 cheapest in California out of 635.
Golden Hills ranks as the #4,427 cheapest out of 6,412 in the US.
The median home value in Golden Hills is $302,400.
The median income in Golden Hills is $96,054.
According to the most recent data on the cost of living, Golden Hills has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.
Compared to California, Golden Hills has a cost of living index that's 0.8x lower than California's index of 139.
The standard of living in Golden Hills ranks as #157 most affordable out of the 635 places we measured in California. By definition, that implies Golden Hills ranks as the #478 most expensive place in the Golden State.
For more reading on life in Golden Hills, check out:
Six factors go into calculating the cost of living index in Golden Hills. Here is how it fairs on each of the criteria:
The Services index in Golden Hills is 103.
The Groceries index in Golden Hills is 104.
The Health index in Golden Hills is 109.
The Housing index in Golden Hills is 112.
The Transportation index in Golden Hills is 129.
The Utilities index in Golden Hills is 169.
Living Expense | Golden Hills | California | National Average | |
---|---|---|---|---|
Overall | 114 | 139 | 100 | |
Services | 103 | 110 | 100 | |
Groceries | 104 | 112 | 100 | |
Health | 109 | 109 | 100 | |
Housing | 112 | 204 | 100 | |
Transportation | 129 | 126 | 100 | |
Utilities | 169 | 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 Golden Hills is $302,400.
The Median Rent in Golden Hills is $998.
The Median Income in Golden Hills is $96,054.
The Home Value To Income in Golden Hills is 3.1x.
The Rent To Monthly Income in Golden Hills is 0.12x.
Statistic | Golden Hills | California | United States |
---|---|---|---|
Median Home Value | $302,400 | $573,200 | $244,900 |
Median Rent | $998 | $1,698 | $1,163 |
Median Income | $96,054 | $84,097 | $69,021 |
Home Value To Income | 3.1x | 6.8x | 3.5x |
Rent To Monthly Income | 0.12x | 0.24x | 0.2x |
Item | Golden Hills | 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 | Golden Hills | 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 | Golden Hills | California |
---|---|---|
Optometrist | $91.67 | $108.57 |
Doctor | $131.39 | $116.17 |
Dentist | $117.39 | $99.13 |
Item | Golden Hills | California |
---|---|---|
Gasoline | $3.22 | $2.22 |
Tire Balancing | $46.66 | $50.07 |
Item | Golden Hills | California |
---|---|---|
All Electricity | $370.41 | $167.67 |
Phone | $176.01 | $175.64 |
The cost of living varies in the cities and towns around Golden Hills. 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 Golden Hills.
Oildale, CA has a cost of living index of 103, 0.9x Golden Hills.
Rosamond, CA has a cost of living index of 110, 1.0x Golden Hills.
City | Population | Cost Of Living | Vs. Golden Hills |
---|---|---|---|
Bakersfield, CA | 398,756 | 117 | 1.0x |
Oildale, CA | 34,350 | 103 | 0.9x |
Rosamond, CA | 20,574 | 110 | 1.0x |
Shafter, CA | 19,897 | 106 | 0.9x |
Arvin, CA | 19,568 | 101 | 0.9x |
Rosedale, CA | 18,875 | 133 | 1.2x |
Castaic, CA | 18,017 | 145 | 1.3x |
Lamont, CA | 14,269 | 99 | 0.9x |
Tehachapi, CA | 13,346 | 109 | 1.0x |
Quartz Hill, CA | 10,079 | 113 | 1.0x |