Cost of living in Lennox 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 Lennox 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 Lennox is 128, with 100 being the average.
The cost of living index in Lennox is 1.3x higher than the national average.
Lennox ranks as the #257 cheapest in California out of 635.
Lennox ranks as the #5,183 cheapest out of 6,412 in the US.
The median home value in Lennox is $560,100.
The median income in Lennox is $49,694.
According to the most recent data on the cost of living, Lennox has an overall cost of living index of 128, which is 1.3x higher than the national index of 100.
Compared to California, Lennox has a cost of living index that's 0.9x lower than California's index of 139.
The standard of living in Lennox ranks as #257 most affordable out of the 635 places we measured in California. By definition, that implies Lennox ranks as the #378 most expensive place in the Golden State.
For more reading on life in Lennox, check out:
Six factors go into calculating the cost of living index in Lennox. Here is how it fairs on each of the criteria:
The Services index in Lennox is 115.
The Groceries index in Lennox is 114.
The Health index in Lennox is 109.
The Housing index in Lennox is 163.
The Transportation index in Lennox is 136.
The Utilities index in Lennox is 106.
Living Expense | Lennox | California | National Average | |
---|---|---|---|---|
Overall | 128 | 139 | 100 | |
Services | 115 | 110 | 100 | |
Groceries | 114 | 112 | 100 | |
Health | 109 | 109 | 100 | |
Housing | 163 | 204 | 100 | |
Transportation | 136 | 126 | 100 | |
Utilities | 106 | 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 Lennox is $560,100.
The Median Rent in Lennox is $1,234.
The Median Income in Lennox is $49,694.
The Home Value To Income in Lennox is 11.3x.
The Rent To Monthly Income in Lennox is 0.3x.
Statistic | Lennox | California | United States |
---|---|---|---|
Median Home Value | $560,100 | $573,200 | $244,900 |
Median Rent | $1,234 | $1,698 | $1,163 |
Median Income | $49,694 | $84,097 | $69,021 |
Home Value To Income | 11.3x | 6.8x | 3.5x |
Rent To Monthly Income | 0.3x | 0.24x | 0.2x |
Item | Lennox | 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 | Lennox | 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 | Lennox | California |
---|---|---|
Optometrist | $125.58 | $108.57 |
Doctor | $125.0 | $116.17 |
Dentist | $110.78 | $99.13 |
Item | Lennox | California |
---|---|---|
Gasoline | $3.31 | $2.22 |
Tire Balancing | $50.62 | $50.07 |
Item | Lennox | California |
---|---|---|
All Electricity | $185.68 | $167.67 |
Phone | $189.51 | $175.64 |
The cost of living varies in the cities and towns around Lennox. Here's a quick look at the cost of living in the most populous nearby places:
Torrance, CA has a cost of living index of 171, 1.3x Lennox.
Inglewood, CA has a cost of living index of 133, 1.0x Lennox.
Hawthorne, CA has a cost of living index of 141, 1.1x Lennox.
City | Population | Cost Of Living | Vs. Lennox |
---|---|---|---|
Torrance, CA | 147,156 | 171 | 1.3x |
Inglewood, CA | 108,206 | 133 | 1.0x |
Hawthorne, CA | 87,863 | 141 | 1.1x |
Lakewood, CA | 82,419 | 143 | 1.1x |
Redondo Beach, CA | 70,998 | 189 | 1.5x |
Cerritos, CA | 49,630 | 169 | 1.3x |
Westmont, CA | 35,913 | 128 | 1.0x |
Manhattan Beach, CA | 35,585 | 278 | 2.2x |
Lawndale, CA | 32,035 | 141 | 1.1x |
South Pasadena, CA | 26,837 | 195 | 1.5x |