Cost of living in Madera Acres 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 Madera Acres 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 Madera Acres is 104, with 100 being the average.
The cost of living index in Madera Acres is 1.0x higher than the national average.
Madera Acres ranks as the #65 cheapest in California out of 635.
Madera Acres ranks as the #3,585 cheapest out of 6,412 in the US.
The median home value in Madera Acres is $263,500.
The median income in Madera Acres is $92,909.
According to the most recent data on the cost of living, Madera Acres has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to California, Madera Acres has a cost of living index that's 0.7x lower than California's index of 139.
The standard of living in Madera Acres ranks as #65 most affordable out of the 635 places we measured in California. By definition, that implies Madera Acres ranks as the #570 most expensive place in the Golden State.
For more reading on life in Madera Acres, check out:
Six factors go into calculating the cost of living index in Madera Acres. Here is how it fairs on each of the criteria:
The Services index in Madera Acres is 87.
The Groceries index in Madera Acres is 106.
The Health index in Madera Acres is 112.
The Housing index in Madera Acres is 115.
The Transportation index in Madera Acres is 109.
The Utilities index in Madera Acres is 129.
Living Expense | Madera Acres | California | National Average | |
---|---|---|---|---|
Overall | 104 | 139 | 100 | |
Services | 87 | 110 | 100 | |
Groceries | 106 | 112 | 100 | |
Health | 112 | 109 | 100 | |
Housing | 115 | 204 | 100 | |
Transportation | 109 | 126 | 100 | |
Utilities | 129 | 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 Madera Acres is $263,500.
The Median Rent in Madera Acres is $1,563.
The Median Income in Madera Acres is $92,909.
The Home Value To Income in Madera Acres is 2.8x.
The Rent To Monthly Income in Madera Acres is 0.2x.
Statistic | Madera Acres | California | United States |
---|---|---|---|
Median Home Value | $263,500 | $573,200 | $244,900 |
Median Rent | $1,563 | $1,698 | $1,163 |
Median Income | $92,909 | $84,097 | $69,021 |
Home Value To Income | 2.8x | 6.8x | 3.5x |
Rent To Monthly Income | 0.2x | 0.24x | 0.2x |
Item | Madera Acres | California |
---|---|---|
Shampoo | $1.06 | $1.06 |
Movie | $15.05 | $10.68 |
Bowling | $18.25 | $14.67 |
Haircut | $27.5 | $18.62 |
Beauty Salon | $50.52 | $39.05 |
Item | Madera Acres | California |
---|---|---|
Ground Beef | $4.36 | $4.22 |
Fried Chicken | $2.03 | $1.39 |
Milk | $2.27 | $2.05 |
Potatoes | $3.2 | $3.29 |
Pizza | $10.74 | $10.62 |
Beer | $8.99 | $9.38 |
Toothpaste | $2.52 | $2.34 |
Item | Madera Acres | California |
---|---|---|
Optometrist | $127.0 | $108.57 |
Doctor | $148.0 | $116.17 |
Dentist | $99.6 | $99.13 |
Item | Madera Acres | California |
---|---|---|
Gasoline | $3.24 | $2.22 |
Tire Balancing | $45.0 | $50.07 |
Item | Madera Acres | California |
---|---|---|
All Electricity | $260.15 | $167.67 |
Phone | $173.87 | $175.64 |
The cost of living varies in the cities and towns around Madera Acres. Here's a quick look at the cost of living in the most populous nearby places:
Fresno, CA has a cost of living index of 100, 1.0x Madera Acres.
Clovis, CA has a cost of living index of 110, 1.1x Madera Acres.
Madera, CA has a cost of living index of 98, 0.9x Madera Acres.
City | Population | Cost Of Living | Vs. Madera Acres |
---|---|---|---|
Fresno, CA | 538,678 | 100 | 1.0x |
Clovis, CA | 118,488 | 110 | 1.1x |
Madera, CA | 66,173 | 98 | 0.9x |
Reedley, CA | 25,168 | 107 | 1.0x |
Dinuba, CA | 24,383 | 109 | 1.0x |
Chowchilla, CA | 18,826 | 99 | 1.0x |
Livingston, CA | 14,078 | 101 | 1.0x |
Kingsburg, CA | 12,413 | 117 | 1.1x |
Delhi, CA | 10,921 | 96 | 0.9x |
Fowler, CA | 6,675 | 110 | 1.1x |