Cost of living in Goleta 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 Goleta 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 Goleta is 172, with 100 being the average.
The cost of living index in Goleta is 1.7x higher than the national average.
Goleta ranks as the #515 cheapest in California out of 635.
Goleta ranks as the #6,149 cheapest out of 6,412 in the US.
The median home value in Goleta is $828,300.
The median income in Goleta is $104,830.
According to the most recent data on the cost of living, Goleta has an overall cost of living index of 172, which is 1.7x higher than the national index of 100.
Compared to California, Goleta has a cost of living index that's 1.2x higher than California's index of 139.
The standard of living in Goleta ranks as #515 most affordable out of the 635 places we measured in California. By definition, that implies Goleta ranks as the #120 most expensive place in the Golden State.
For more reading on life in Goleta, check out:
Six factors go into calculating the cost of living index in Goleta. Here is how it fairs on each of the criteria:
The Services index in Goleta is 101.
The Groceries index in Goleta is 104.
The Health index in Goleta is 109.
The Housing index in Goleta is 301.
The Transportation index in Goleta is 131.
The Utilities index in Goleta is 168.
Living Expense | Goleta | California | National Average | |
---|---|---|---|---|
Overall | 172 | 139 | 100 | |
Services | 101 | 110 | 100 | |
Groceries | 104 | 112 | 100 | |
Health | 109 | 109 | 100 | |
Housing | 301 | 204 | 100 | |
Transportation | 131 | 126 | 100 | |
Utilities | 168 | 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 Goleta is $828,300.
The Median Rent in Goleta is $2,085.
The Median Income in Goleta is $104,830.
The Home Value To Income in Goleta is 7.9x.
The Rent To Monthly Income in Goleta is 0.24x.
Statistic | Goleta | California | United States |
---|---|---|---|
Median Home Value | $828,300 | $573,200 | $244,900 |
Median Rent | $2,085 | $1,698 | $1,163 |
Median Income | $104,830 | $84,097 | $69,021 |
Home Value To Income | 7.9x | 6.8x | 3.5x |
Rent To Monthly Income | 0.24x | 0.24x | 0.2x |
Item | Goleta | 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 | Goleta | 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 | Goleta | California |
---|---|---|
Optometrist | $91.67 | $108.57 |
Doctor | $131.39 | $116.17 |
Dentist | $117.39 | $99.13 |
Item | Goleta | California |
---|---|---|
Gasoline | $3.22 | $2.22 |
Tire Balancing | $46.66 | $50.07 |
Item | Goleta | California |
---|---|---|
All Electricity | $370.41 | $167.67 |
Phone | $176.01 | $175.64 |
The cost of living varies in the cities and towns around Goleta. Here's a quick look at the cost of living in the most populous nearby places:
Oxnard, CA has a cost of living index of 137, 0.8x Goleta.
Santa Maria, CA has a cost of living index of 125, 0.7x Goleta.
Santa Barbara, CA has a cost of living index of 197, 1.1x Goleta.
City | Population | Cost Of Living | Vs. Goleta |
---|---|---|---|
Oxnard, CA | 202,981 | 137 | 0.8x |
Santa Maria, CA | 109,309 | 125 | 0.7x |
Santa Barbara, CA | 89,132 | 197 | 1.1x |
Camarillo, CA | 70,593 | 157 | 0.9x |
Orcutt, CA | 30,940 | 138 | 0.8x |
Port Hueneme, CA | 21,954 | 130 | 0.8x |
Isla Vista, CA | 15,732 | 143 | 0.8x |
Carpinteria, CA | 13,289 | 167 | 1.0x |
Montecito, CA | 8,494 | 334 | 1.9x |
Mira Monte, CA | 6,893 | 153 | 0.9x |