Cost of living in La Verne 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 La Verne 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 La Verne is 150, with 100 being the average.
The cost of living index in La Verne is 1.5x higher than the national average.
La Verne ranks as the #417 cheapest in California out of 635.
La Verne ranks as the #5,843 cheapest out of 6,412 in the US.
The median home value in La Verne is $625,000.
The median income in La Verne is $95,957.
According to the most recent data on the cost of living, La Verne has an overall cost of living index of 150, which is 1.5x higher than the national index of 100.
Compared to California, La Verne has a cost of living index that's 1.1x higher than California's index of 139.
The standard of living in La Verne ranks as #417 most affordable out of the 635 places we measured in California. By definition, that implies La Verne ranks as the #218 most expensive place in the Golden State.
For more reading on life in La Verne, check out:
Six factors go into calculating the cost of living index in La Verne. Here is how it fairs on each of the criteria:
The Services index in La Verne is 114.
The Groceries index in La Verne is 112.
The Health index in La Verne is 104.
The Housing index in La Verne is 235.
The Transportation index in La Verne is 136.
The Utilities index in La Verne is 90.
Living Expense | La Verne | California | National Average | |
---|---|---|---|---|
Overall | 150 | 139 | 100 | |
Services | 114 | 110 | 100 | |
Groceries | 112 | 112 | 100 | |
Health | 104 | 109 | 100 | |
Housing | 235 | 204 | 100 | |
Transportation | 136 | 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 La Verne is $625,000.
The Median Rent in La Verne is $1,764.
The Median Income in La Verne is $95,957.
The Home Value To Income in La Verne is 6.5x.
The Rent To Monthly Income in La Verne is 0.22x.
Statistic | La Verne | California | United States |
---|---|---|---|
Median Home Value | $625,000 | $573,200 | $244,900 |
Median Rent | $1,764 | $1,698 | $1,163 |
Median Income | $95,957 | $84,097 | $69,021 |
Home Value To Income | 6.5x | 6.8x | 3.5x |
Rent To Monthly Income | 0.22x | 0.24x | 0.2x |
Item | La Verne | 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 | La Verne | 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 | La Verne | California |
---|---|---|
Optometrist | $106.53 | $108.57 |
Doctor | $100.28 | $116.17 |
Dentist | $114.52 | $99.13 |
Item | La Verne | California |
---|---|---|
Gasoline | $3.32 | $2.22 |
Tire Balancing | $52.6 | $50.07 |
Item | La Verne | California |
---|---|---|
All Electricity | $138.7 | $167.67 |
Phone | $176.01 | $175.64 |
The cost of living varies in the cities and towns around La Verne. Here's a quick look at the cost of living in the most populous nearby places:
Pomona, CA has a cost of living index of 126, 0.8x La Verne.
Upland, CA has a cost of living index of 139, 0.9x La Verne.
Yorba Linda, CA has a cost of living index of 181, 1.2x La Verne.
City | Population | Cost Of Living | Vs. La Verne |
---|---|---|---|
Pomona, CA | 151,592 | 126 | 0.8x |
Upland, CA | 78,624 | 139 | 0.9x |
Yorba Linda, CA | 68,319 | 181 | 1.2x |
Diamond Bar, CA | 55,339 | 165 | 1.1x |
Glendora, CA | 52,458 | 147 | 1.0x |
Placentia, CA | 51,951 | 156 | 1.0x |
Covina, CA | 51,061 | 136 | 0.9x |
Montclair, CA | 37,871 | 123 | 0.8x |
Claremont, CA | 36,312 | 159 | 1.1x |
San Dimas, CA | 34,775 | 147 | 1.0x |