Cost of living in Lathrop 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 Lathrop 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 Lathrop is 123, with 100 being the average.
The cost of living index in Lathrop is 1.2x higher than the national average.
Lathrop ranks as the #217 cheapest in California out of 635.
Lathrop ranks as the #4,954 cheapest out of 6,412 in the US.
The median home value in Lathrop is $430,800.
The median income in Lathrop is $99,632.
According to the most recent data on the cost of living, Lathrop has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to California, Lathrop has a cost of living index that's 0.9x lower than California's index of 139.
The standard of living in Lathrop ranks as #217 most affordable out of the 635 places we measured in California. By definition, that implies Lathrop ranks as the #418 most expensive place in the Golden State.
For more reading on life in Lathrop, check out:
Six factors go into calculating the cost of living index in Lathrop. Here is how it fairs on each of the criteria:
The Services index in Lathrop is 107.
The Groceries index in Lathrop is 114.
The Health index in Lathrop is 98.
The Housing index in Lathrop is 144.
The Transportation index in Lathrop is 128.
The Utilities index in Lathrop is 146.
Living Expense | Lathrop | California | National Average | |
---|---|---|---|---|
Overall | 123 | 139 | 100 | |
Services | 107 | 110 | 100 | |
Groceries | 114 | 112 | 100 | |
Health | 98 | 109 | 100 | |
Housing | 144 | 204 | 100 | |
Transportation | 128 | 126 | 100 | |
Utilities | 146 | 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 Lathrop is $430,800.
The Median Rent in Lathrop is $1,887.
The Median Income in Lathrop is $99,632.
The Home Value To Income in Lathrop is 4.3x.
The Rent To Monthly Income in Lathrop is 0.23x.
Statistic | Lathrop | California | United States |
---|---|---|---|
Median Home Value | $430,800 | $573,200 | $244,900 |
Median Rent | $1,887 | $1,698 | $1,163 |
Median Income | $99,632 | $84,097 | $69,021 |
Home Value To Income | 4.3x | 6.8x | 3.5x |
Rent To Monthly Income | 0.23x | 0.24x | 0.2x |
Item | Lathrop | California |
---|---|---|
Shampoo | $1.26 | $1.06 |
Movie | $11.71 | $10.68 |
Bowling | $17.64 | $14.67 |
Haircut | $19.27 | $18.62 |
Beauty Salon | $43.53 | $39.05 |
Item | Lathrop | California |
---|---|---|
Ground Beef | $4.77 | $4.22 |
Fried Chicken | $1.54 | $1.39 |
Milk | $2.9 | $2.05 |
Potatoes | $3.31 | $3.29 |
Pizza | $16.43 | $10.62 |
Beer | $9.66 | $9.38 |
Toothpaste | $2.66 | $2.34 |
Item | Lathrop | California |
---|---|---|
Optometrist | $116.0 | $108.57 |
Doctor | $128.29 | $116.17 |
Dentist | $85.86 | $99.13 |
Item | Lathrop | California |
---|---|---|
Gasoline | $2.98 | $2.22 |
Tire Balancing | $54.75 | $50.07 |
Item | Lathrop | California |
---|---|---|
All Electricity | $298.93 | $167.67 |
Phone | $185.03 | $175.64 |
The cost of living varies in the cities and towns around Lathrop. Here's a quick look at the cost of living in the most populous nearby places:
Stockton, CA has a cost of living index of 112, 0.9x Lathrop.
Tracy, CA has a cost of living index of 133, 1.1x Lathrop.
Manteca, CA has a cost of living index of 122, 1.0x Lathrop.
City | Population | Cost Of Living | Vs. Lathrop |
---|---|---|---|
Stockton, CA | 317,818 | 112 | 0.9x |
Tracy, CA | 92,792 | 133 | 1.1x |
Manteca, CA | 82,408 | 122 | 1.0x |
Lincoln, CA | 49,203 | 140 | 1.1x |
Mountain House, CA | 23,132 | 154 | 1.3x |
Ripon, CA | 15,961 | 125 | 1.0x |
Discovery Bay, CA | 15,704 | 154 | 1.3x |
Salida, CA | 14,690 | 106 | 0.9x |
Garden Acres, CA | 10,411 | 103 | 0.8x |
August, CA | 9,829 | 100 | 0.8x |