Cost of living in Loomis 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 Loomis 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 Loomis is 133, with 100 being the average.
The cost of living index in Loomis is 1.3x higher than the national average.
Loomis ranks as the #297 cheapest in California out of 635.
Loomis ranks as the #5,359 cheapest out of 6,412 in the US.
The median home value in Loomis is $525,900.
The median income in Loomis is $72,955.
According to the most recent data on the cost of living, Loomis has an overall cost of living index of 133, which is 1.3x higher than the national index of 100.
Compared to California, Loomis has a cost of living index that's 1.0x lower than California's index of 139.
The standard of living in Loomis ranks as #297 most affordable out of the 635 places we measured in California. By definition, that implies Loomis ranks as the #338 most expensive place in the Golden State.
For more reading on life in Loomis, check out:
Six factors go into calculating the cost of living index in Loomis. Here is how it fairs on each of the criteria:
The Services index in Loomis is 115.
The Groceries index in Loomis is 106.
The Health index in Loomis is 123.
The Housing index in Loomis is 168.
The Transportation index in Loomis is 132.
The Utilities index in Loomis is 107.
Living Expense | Loomis | California | National Average | |
---|---|---|---|---|
Overall | 133 | 139 | 100 | |
Services | 115 | 110 | 100 | |
Groceries | 106 | 112 | 100 | |
Health | 123 | 109 | 100 | |
Housing | 168 | 204 | 100 | |
Transportation | 132 | 126 | 100 | |
Utilities | 107 | 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 Loomis is $525,900.
The Median Rent in Loomis is $1,466.
The Median Income in Loomis is $72,955.
The Home Value To Income in Loomis is 7.2x.
The Rent To Monthly Income in Loomis is 0.24x.
Statistic | Loomis | California | United States |
---|---|---|---|
Median Home Value | $525,900 | $573,200 | $244,900 |
Median Rent | $1,466 | $1,698 | $1,163 |
Median Income | $72,955 | $84,097 | $69,021 |
Home Value To Income | 7.2x | 6.8x | 3.5x |
Rent To Monthly Income | 0.24x | 0.24x | 0.2x |
Item | Loomis | California |
---|---|---|
Shampoo | $1.24 | $1.06 |
Movie | $13.93 | $10.68 |
Bowling | $20.08 | $14.67 |
Haircut | $24.02 | $18.62 |
Beauty Salon | $62.28 | $39.05 |
Item | Loomis | California |
---|---|---|
Ground Beef | $5.05 | $4.22 |
Fried Chicken | $1.31 | $1.39 |
Milk | $2.66 | $2.05 |
Potatoes | $3.2 | $3.29 |
Pizza | $17.03 | $10.62 |
Beer | $9.52 | $9.38 |
Toothpaste | $2.79 | $2.34 |
Item | Loomis | California |
---|---|---|
Optometrist | $148.5 | $108.57 |
Doctor | $194.75 | $116.17 |
Dentist | $94.8 | $99.13 |
Item | Loomis | California |
---|---|---|
Gasoline | $3.24 | $2.22 |
Tire Balancing | $51.87 | $50.07 |
Item | Loomis | California |
---|---|---|
All Electricity | $192.37 | $167.67 |
Phone | $186.51 | $175.64 |
The cost of living varies in the cities and towns around Loomis. Here's a quick look at the cost of living in the most populous nearby places:
Roseville, CA has a cost of living index of 134, 1.0x Loomis.
Citrus Heights, CA has a cost of living index of 117, 0.9x Loomis.
Folsom, CA has a cost of living index of 144, 1.1x Loomis.
City | Population | Cost Of Living | Vs. Loomis |
---|---|---|---|
Roseville, CA | 145,687 | 134 | 1.0x |
Citrus Heights, CA | 87,521 | 117 | 0.9x |
Folsom, CA | 79,201 | 144 | 1.1x |
Rocklin, CA | 70,317 | 137 | 1.0x |
Lincoln, CA | 49,203 | 140 | 1.1x |
El Dorado Hills, CA | 48,612 | 163 | 1.2x |
Antelope, CA | 48,421 | 125 | 0.9x |
Orangevale, CA | 35,729 | 131 | 1.0x |
Fair Oaks, CA | 31,750 | 134 | 1.0x |
Granite Bay, CA | 21,673 | 171 | 1.3x |