Cost of living in Ladera Heights 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 Ladera Heights 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 Ladera Heights is 194, with 100 being the average.
The cost of living index in Ladera Heights is 1.9x higher than the national average.
Ladera Heights ranks as the #564 cheapest in California out of 635.
Ladera Heights ranks as the #6,294 cheapest out of 6,412 in the US.
The median home value in Ladera Heights is $1,181,300.
The median income in Ladera Heights is $112,604.
According to the most recent data on the cost of living, Ladera Heights has an overall cost of living index of 194, which is 1.9x higher than the national index of 100.
Compared to California, Ladera Heights has a cost of living index that's 1.4x higher than California's index of 139.
The standard of living in Ladera Heights ranks as #564 most affordable out of the 635 places we measured in California. By definition, that implies Ladera Heights ranks as the #71 most expensive place in the Golden State.
For more reading on life in Ladera Heights, check out:
Six factors go into calculating the cost of living index in Ladera Heights. Here is how it fairs on each of the criteria:
The Services index in Ladera Heights is 114.
The Groceries index in Ladera Heights is 116.
The Health index in Ladera Heights is 111.
The Housing index in Ladera Heights is 377.
The Transportation index in Ladera Heights is 136.
The Utilities index in Ladera Heights is 108.
Living Expense | Ladera Heights | California | National Average | |
---|---|---|---|---|
Overall | 194 | 139 | 100 | |
Services | 114 | 110 | 100 | |
Groceries | 116 | 112 | 100 | |
Health | 111 | 109 | 100 | |
Housing | 377 | 204 | 100 | |
Transportation | 136 | 126 | 100 | |
Utilities | 108 | 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 Ladera Heights is $1,181,300.
The Median Rent in Ladera Heights is $2,123.
The Median Income in Ladera Heights is $112,604.
The Home Value To Income in Ladera Heights is 10.5x.
The Rent To Monthly Income in Ladera Heights is 0.23x.
Statistic | Ladera Heights | California | United States |
---|---|---|---|
Median Home Value | $1,181,300 | $573,200 | $244,900 |
Median Rent | $2,123 | $1,698 | $1,163 |
Median Income | $112,604 | $84,097 | $69,021 |
Home Value To Income | 10.5x | 6.8x | 3.5x |
Rent To Monthly Income | 0.23x | 0.24x | 0.2x |
Item | Ladera Heights | 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 | Ladera Heights | 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 | Ladera Heights | California |
---|---|---|
Optometrist | $125.58 | $108.57 |
Doctor | $125.0 | $116.17 |
Dentist | $110.78 | $99.13 |
Item | Ladera Heights | California |
---|---|---|
Gasoline | $3.31 | $2.22 |
Tire Balancing | $50.62 | $50.07 |
Item | Ladera Heights | California |
---|---|---|
All Electricity | $185.68 | $167.67 |
Phone | $189.51 | $175.64 |
The cost of living varies in the cities and towns around Ladera Heights. Here's a quick look at the cost of living in the most populous nearby places:
Los Angeles, CA has a cost of living index of 148, 0.8x Ladera Heights.
Torrance, CA has a cost of living index of 171, 0.9x Ladera Heights.
Inglewood, CA has a cost of living index of 133, 0.7x Ladera Heights.
City | Population | Cost Of Living | Vs. Ladera Heights |
---|---|---|---|
Los Angeles, CA | 3,902,440 | 148 | 0.8x |
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 |
Altadena, CA | 43,384 | 166 | 0.9x |
Westmont, CA | 35,913 | 128 | 0.7x |
South Pasadena, CA | 26,837 | 195 | 1.0x |