Cost of living in Laguna Woods 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 Laguna Woods 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 Laguna Woods is 121, with 100 being the average.
The cost of living index in Laguna Woods is 1.2x higher than the national average.
Laguna Woods ranks as the #204 cheapest in California out of 635.
Laguna Woods ranks as the #4,857 cheapest out of 6,412 in the US.
The median home value in Laguna Woods is $327,000.
The median income in Laguna Woods is $53,076.
According to the most recent data on the cost of living, Laguna Woods has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.
Compared to California, Laguna Woods has a cost of living index that's 0.9x lower than California's index of 139.
The standard of living in Laguna Woods ranks as #204 most affordable out of the 635 places we measured in California. By definition, that implies Laguna Woods ranks as the #431 most expensive place in the Golden State.
For more reading on life in Laguna Woods, check out:
Six factors go into calculating the cost of living index in Laguna Woods. Here is how it fairs on each of the criteria:
The Services index in Laguna Woods is 112.
The Groceries index in Laguna Woods is 114.
The Health index in Laguna Woods is 105.
The Housing index in Laguna Woods is 136.
The Transportation index in Laguna Woods is 135.
The Utilities index in Laguna Woods is 87.
Living Expense | Laguna Woods | California | National Average | |
---|---|---|---|---|
Overall | 121 | 139 | 100 | |
Services | 112 | 110 | 100 | |
Groceries | 114 | 112 | 100 | |
Health | 105 | 109 | 100 | |
Housing | 136 | 204 | 100 | |
Transportation | 135 | 126 | 100 | |
Utilities | 87 | 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 Laguna Woods is $327,000.
The Median Rent in Laguna Woods is $1,912.
The Median Income in Laguna Woods is $53,076.
The Home Value To Income in Laguna Woods is 6.2x.
The Rent To Monthly Income in Laguna Woods is 0.43x.
Statistic | Laguna Woods | California | United States |
---|---|---|---|
Median Home Value | $327,000 | $573,200 | $244,900 |
Median Rent | $1,912 | $1,698 | $1,163 |
Median Income | $53,076 | $84,097 | $69,021 |
Home Value To Income | 6.2x | 6.8x | 3.5x |
Rent To Monthly Income | 0.43x | 0.24x | 0.2x |
Item | Laguna Woods | 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 | Laguna Woods | 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 | Laguna Woods | California |
---|---|---|
Optometrist | $106.53 | $108.57 |
Doctor | $100.28 | $116.17 |
Dentist | $114.52 | $99.13 |
Item | Laguna Woods | California |
---|---|---|
Gasoline | $3.32 | $2.22 |
Tire Balancing | $52.6 | $50.07 |
Item | Laguna Woods | California |
---|---|---|
All Electricity | $138.7 | $167.67 |
Phone | $176.01 | $175.64 |
The cost of living varies in the cities and towns around Laguna Woods. Here's a quick look at the cost of living in the most populous nearby places:
Irvine, CA has a cost of living index of 182, 1.5x Laguna Woods.
Orange, CA has a cost of living index of 158, 1.3x Laguna Woods.
Mission Viejo, CA has a cost of living index of 166, 1.4x Laguna Woods.
City | Population | Cost Of Living | Vs. Laguna Woods |
---|---|---|---|
Irvine, CA | 297,868 | 182 | 1.5x |
Orange, CA | 139,195 | 158 | 1.3x |
Mission Viejo, CA | 93,932 | 166 | 1.4x |
Lake Forest, CA | 85,516 | 159 | 1.3x |
Yorba Linda, CA | 68,319 | 181 | 1.5x |
Laguna Niguel, CA | 64,608 | 177 | 1.5x |
Fountain Valley, CA | 57,139 | 165 | 1.4x |
Placentia, CA | 51,951 | 156 | 1.3x |
Aliso Viejo, CA | 51,943 | 161 | 1.3x |
Rancho Santa Margarita, CA | 48,190 | 163 | 1.3x |