Cost of living in Manhattan Beach 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 Manhattan Beach 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 Manhattan Beach is 278, with 100 being the average.
The cost of living index in Manhattan Beach is 2.8x higher than the national average.
Manhattan Beach ranks as the #618 cheapest in California out of 635.
Manhattan Beach ranks as the #6,394 cheapest out of 6,412 in the US.
The median home value in Manhattan Beach is $2,000,001.
The median income in Manhattan Beach is $169,586.
According to the most recent data on the cost of living, Manhattan Beach has an overall cost of living index of 278, which is 2.8x higher than the national index of 100.
Compared to California, Manhattan Beach has a cost of living index that's 2.0x higher than California's index of 139.
The standard of living in Manhattan Beach ranks as #618 most affordable out of the 635 places we measured in California. By definition, that implies Manhattan Beach ranks as the #17 most expensive place in the Golden State.
For more reading on life in Manhattan Beach, check out:
Six factors go into calculating the cost of living index in Manhattan Beach. Here is how it fairs on each of the criteria:
The Services index in Manhattan Beach is 115.
The Groceries index in Manhattan Beach is 115.
The Health index in Manhattan Beach is 113.
The Housing index in Manhattan Beach is 654.
The Transportation index in Manhattan Beach is 134.
The Utilities index in Manhattan Beach is 110.
Living Expense | Manhattan Beach | California | National Average | |
---|---|---|---|---|
Overall | 278 | 139 | 100 | |
Services | 115 | 110 | 100 | |
Groceries | 115 | 112 | 100 | |
Health | 113 | 109 | 100 | |
Housing | 654 | 204 | 100 | |
Transportation | 134 | 126 | 100 | |
Utilities | 110 | 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 Manhattan Beach is $2,000,001.
The Median Rent in Manhattan Beach is $2,893.
The Median Income in Manhattan Beach is $169,586.
The Home Value To Income in Manhattan Beach is 11.8x.
The Rent To Monthly Income in Manhattan Beach is 0.2x.
Statistic | Manhattan Beach | California | United States |
---|---|---|---|
Median Home Value | $2,000,001 | $573,200 | $244,900 |
Median Rent | $2,893 | $1,698 | $1,163 |
Median Income | $169,586 | $84,097 | $69,021 |
Home Value To Income | 11.8x | 6.8x | 3.5x |
Rent To Monthly Income | 0.2x | 0.24x | 0.2x |
Item | Manhattan Beach | 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 | Manhattan Beach | 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 | Manhattan Beach | California |
---|---|---|
Optometrist | $125.58 | $108.57 |
Doctor | $125.0 | $116.17 |
Dentist | $110.78 | $99.13 |
Item | Manhattan Beach | California |
---|---|---|
Gasoline | $3.31 | $2.22 |
Tire Balancing | $50.62 | $50.07 |
Item | Manhattan Beach | California |
---|---|---|
All Electricity | $185.68 | $167.67 |
Phone | $189.51 | $175.64 |
The cost of living varies in the cities and towns around Manhattan Beach. 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, 0.6x Manhattan Beach.
Hawthorne, CA has a cost of living index of 141, 0.5x Manhattan Beach.
Lakewood, CA has a cost of living index of 143, 0.5x Manhattan Beach.
City | Population | Cost Of Living | Vs. Manhattan Beach |
---|---|---|---|
Torrance, CA | 147,156 | 171 | 0.6x |
Hawthorne, CA | 87,863 | 141 | 0.5x |
Lakewood, CA | 82,419 | 143 | 0.5x |
Redondo Beach, CA | 70,998 | 189 | 0.7x |
Gardena, CA | 60,917 | 137 | 0.5x |
Cerritos, CA | 49,630 | 169 | 0.6x |
Rancho Palos Verdes, CA | 42,316 | 217 | 0.8x |
Lawndale, CA | 32,035 | 141 | 0.5x |
West Whittier-Los Nietos, CA | 26,275 | 134 | 0.5x |
Lennox, CA | 21,514 | 128 | 0.5x |