Cost of living in Lynwood 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 Lynwood 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 Lynwood is 127, with 100 being the average.
The cost of living index in Lynwood is 1.3x higher than the national average.
Lynwood ranks as the #251 cheapest in California out of 635.
Lynwood ranks as the #5,140 cheapest out of 6,412 in the US.
The median home value in Lynwood is $449,300.
The median income in Lynwood is $61,612.
According to the most recent data on the cost of living, Lynwood has an overall cost of living index of 127, which is 1.3x higher than the national index of 100.
Compared to California, Lynwood has a cost of living index that's 0.9x lower than California's index of 139.
The standard of living in Lynwood ranks as #251 most affordable out of the 635 places we measured in California. By definition, that implies Lynwood ranks as the #384 most expensive place in the Golden State.
For more reading on life in Lynwood, check out:
Six factors go into calculating the cost of living index in Lynwood. Here is how it fairs on each of the criteria:
The Services index in Lynwood is 115.
The Groceries index in Lynwood is 115.
The Health index in Lynwood is 110.
The Housing index in Lynwood is 151.
The Transportation index in Lynwood is 136.
The Utilities index in Lynwood is 109.
Living Expense | Lynwood | California | National Average | |
---|---|---|---|---|
Overall | 127 | 139 | 100 | |
Services | 115 | 110 | 100 | |
Groceries | 115 | 112 | 100 | |
Health | 110 | 109 | 100 | |
Housing | 151 | 204 | 100 | |
Transportation | 136 | 126 | 100 | |
Utilities | 109 | 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 Lynwood is $449,300.
The Median Rent in Lynwood is $1,355.
The Median Income in Lynwood is $61,612.
The Home Value To Income in Lynwood is 7.3x.
The Rent To Monthly Income in Lynwood is 0.26x.
Statistic | Lynwood | California | United States |
---|---|---|---|
Median Home Value | $449,300 | $573,200 | $244,900 |
Median Rent | $1,355 | $1,698 | $1,163 |
Median Income | $61,612 | $84,097 | $69,021 |
Home Value To Income | 7.3x | 6.8x | 3.5x |
Rent To Monthly Income | 0.26x | 0.24x | 0.2x |
Item | Lynwood | 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 | Lynwood | 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 | Lynwood | California |
---|---|---|
Optometrist | $125.58 | $108.57 |
Doctor | $125.0 | $116.17 |
Dentist | $110.78 | $99.13 |
Item | Lynwood | California |
---|---|---|
Gasoline | $3.31 | $2.22 |
Tire Balancing | $50.62 | $50.07 |
Item | Lynwood | California |
---|---|---|
All Electricity | $185.68 | $167.67 |
Phone | $189.51 | $175.64 |
The cost of living varies in the cities and towns around Lynwood. Here's a quick look at the cost of living in the most populous nearby places:
Compton, CA has a cost of living index of 120, 0.9x Lynwood.
South Gate, CA has a cost of living index of 130, 1.0x Lynwood.
Lakewood, CA has a cost of living index of 143, 1.1x Lynwood.
City | Population | Cost Of Living | Vs. Lynwood |
---|---|---|---|
Compton, CA | 96,083 | 120 | 0.9x |
South Gate, CA | 93,308 | 130 | 1.0x |
Lakewood, CA | 82,419 | 143 | 1.1x |
Florence-Graham, CA | 64,109 | 124 | 1.0x |
Huntington Park, CA | 55,439 | 128 | 1.0x |
Paramount, CA | 53,904 | 126 | 1.0x |
Cypress, CA | 50,279 | 154 | 1.2x |
La Mirada, CA | 47,957 | 147 | 1.2x |
Bell Gardens, CA | 39,870 | 130 | 1.0x |
Willowbrook, CA | 24,006 | 119 | 0.9x |