Cost of living in Mira Monte 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 Mira Monte 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 Mira Monte is 153, with 100 being the average.
The cost of living index in Mira Monte is 1.5x higher than the national average.
Mira Monte ranks as the #428 cheapest in California out of 635.
Mira Monte ranks as the #5,895 cheapest out of 6,412 in the US.
The median home value in Mira Monte is $628,900.
The median income in Mira Monte is $80,174.
According to the most recent data on the cost of living, Mira Monte has an overall cost of living index of 153, which is 1.5x higher than the national index of 100.
Compared to California, Mira Monte has a cost of living index that's 1.1x higher than California's index of 139.
The standard of living in Mira Monte ranks as #428 most affordable out of the 635 places we measured in California. By definition, that implies Mira Monte ranks as the #207 most expensive place in the Golden State.
For more reading on life in Mira Monte, check out:
Six factors go into calculating the cost of living index in Mira Monte. Here is how it fairs on each of the criteria:
The Services index in Mira Monte is 117.
The Groceries index in Mira Monte is 113.
The Health index in Mira Monte is 111.
The Housing index in Mira Monte is 229.
The Transportation index in Mira Monte is 137.
The Utilities index in Mira Monte is 107.
Living Expense | Mira Monte | California | National Average | |
---|---|---|---|---|
Overall | 153 | 139 | 100 | |
Services | 117 | 110 | 100 | |
Groceries | 113 | 112 | 100 | |
Health | 111 | 109 | 100 | |
Housing | 229 | 204 | 100 | |
Transportation | 137 | 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 Mira Monte is $628,900.
The Median Rent in Mira Monte is $1,673.
The Median Income in Mira Monte is $80,174.
The Home Value To Income in Mira Monte is 7.8x.
The Rent To Monthly Income in Mira Monte is 0.25x.
Statistic | Mira Monte | California | United States |
---|---|---|---|
Median Home Value | $628,900 | $573,200 | $244,900 |
Median Rent | $1,673 | $1,698 | $1,163 |
Median Income | $80,174 | $84,097 | $69,021 |
Home Value To Income | 7.8x | 6.8x | 3.5x |
Rent To Monthly Income | 0.25x | 0.24x | 0.2x |
Item | Mira Monte | 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 | Mira Monte | 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 | Mira Monte | California |
---|---|---|
Optometrist | $125.58 | $108.57 |
Doctor | $125.0 | $116.17 |
Dentist | $110.78 | $99.13 |
Item | Mira Monte | California |
---|---|---|
Gasoline | $3.31 | $2.22 |
Tire Balancing | $50.62 | $50.07 |
Item | Mira Monte | California |
---|---|---|
All Electricity | $185.68 | $167.67 |
Phone | $189.51 | $175.64 |
The cost of living varies in the cities and towns around Mira Monte. Here's a quick look at the cost of living in the most populous nearby places:
Oxnard, CA has a cost of living index of 137, 0.9x Mira Monte.
San Buenaventura (Ventura), CA has a cost of living index of 149, 1.0x Mira Monte.
Santa Paula, CA has a cost of living index of 127, 0.8x Mira Monte.
City | Population | Cost Of Living | Vs. Mira Monte |
---|---|---|---|
Oxnard, CA | 202,981 | 137 | 0.9x |
San Buenaventura (Ventura), CA | 110,572 | 149 | 1.0x |
Santa Paula, CA | 30,741 | 127 | 0.8x |
Port Hueneme, CA | 21,954 | 130 | 0.8x |
Carpinteria, CA | 13,289 | 167 | 1.1x |
Montecito, CA | 8,494 | 334 | 2.2x |
Ojai, CA | 7,640 | 167 | 1.1x |
El Rio, CA | 6,447 | 132 | 0.9x |
Oak View, CA | 6,169 | 146 | 1.0x |