Cost of living in Marina del Rey 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 Marina del Rey 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 Marina del Rey is 163, with 100 being the average.
The cost of living index in Marina del Rey is 1.6x higher than the national average.
Marina del Rey ranks as the #470 cheapest in California out of 635.
Marina del Rey ranks as the #6,036 cheapest out of 6,412 in the US.
The median home value in Marina del Rey is $684,600.
The median income in Marina del Rey is $132,746.
According to the most recent data on the cost of living, Marina del Rey has an overall cost of living index of 163, which is 1.6x higher than the national index of 100.
Compared to California, Marina del Rey has a cost of living index that's 1.2x higher than California's index of 139.
The standard of living in Marina del Rey ranks as #470 most affordable out of the 635 places we measured in California. By definition, that implies Marina del Rey ranks as the #165 most expensive place in the Golden State.
For more reading on life in Marina del Rey, check out:
Six factors go into calculating the cost of living index in Marina del Rey. Here is how it fairs on each of the criteria:
The Services index in Marina del Rey is 117.
The Groceries index in Marina del Rey is 114.
The Health index in Marina del Rey is 111.
The Housing index in Marina del Rey is 269.
The Transportation index in Marina del Rey is 133.
The Utilities index in Marina del Rey is 106.
Living Expense | Marina del Rey | California | National Average | |
---|---|---|---|---|
Overall | 163 | 139 | 100 | |
Services | 117 | 110 | 100 | |
Groceries | 114 | 112 | 100 | |
Health | 111 | 109 | 100 | |
Housing | 269 | 204 | 100 | |
Transportation | 133 | 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 Marina del Rey is $684,600.
The Median Rent in Marina del Rey is $3,287.
The Median Income in Marina del Rey is $132,746.
The Home Value To Income in Marina del Rey is 5.2x.
The Rent To Monthly Income in Marina del Rey is 0.3x.
Statistic | Marina del Rey | California | United States |
---|---|---|---|
Median Home Value | $684,600 | $573,200 | $244,900 |
Median Rent | $3,287 | $1,698 | $1,163 |
Median Income | $132,746 | $84,097 | $69,021 |
Home Value To Income | 5.2x | 6.8x | 3.5x |
Rent To Monthly Income | 0.3x | 0.24x | 0.2x |
Item | Marina del Rey | 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 | Marina del Rey | 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 | Marina del Rey | California |
---|---|---|
Optometrist | $125.58 | $108.57 |
Doctor | $125.0 | $116.17 |
Dentist | $110.78 | $99.13 |
Item | Marina del Rey | California |
---|---|---|
Gasoline | $3.31 | $2.22 |
Tire Balancing | $50.62 | $50.07 |
Item | Marina del Rey | California |
---|---|---|
All Electricity | $185.68 | $167.67 |
Phone | $189.51 | $175.64 |
The cost of living varies in the cities and towns around Marina del Rey. Here's a quick look at the cost of living in the most populous nearby places:
Los Angeles, CA has a cost of living index of 148, 0.9x Marina del Rey.
Torrance, CA has a cost of living index of 171, 1.0x Marina del Rey.
Inglewood, CA has a cost of living index of 133, 0.8x Marina del Rey.
City | Population | Cost Of Living | Vs. Marina del Rey |
---|---|---|---|
Los Angeles, CA | 3,902,440 | 148 | 0.9x |
Torrance, CA | 147,156 | 171 | 1.0x |
Inglewood, CA | 108,206 | 133 | 0.8x |
Santa Monica, CA | 92,828 | 220 | 1.3x |
Redondo Beach, CA | 70,998 | 189 | 1.2x |
Monterey Park, CA | 61,153 | 153 | 0.9x |
Rancho Palos Verdes, CA | 42,316 | 217 | 1.3x |
Manhattan Beach, CA | 35,585 | 278 | 1.7x |
South Pasadena, CA | 26,837 | 195 | 1.2x |
West Carson, CA | 22,024 | 141 | 0.9x |