Cost of living in Mission Viejo 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 Mission Viejo 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 Mission Viejo is 166, with 100 being the average.
The cost of living index in Mission Viejo is 1.7x higher than the national average.
Mission Viejo ranks as the #488 cheapest in California out of 635.
Mission Viejo ranks as the #6,083 cheapest out of 6,412 in the US.
The median home value in Mission Viejo is $772,400.
The median income in Mission Viejo is $126,320.
According to the most recent data on the cost of living, Mission Viejo has an overall cost of living index of 166, which is 1.7x higher than the national index of 100.
Compared to California, Mission Viejo has a cost of living index that's 1.2x higher than California's index of 139.
The standard of living in Mission Viejo ranks as #488 most affordable out of the 635 places we measured in California. By definition, that implies Mission Viejo ranks as the #147 most expensive place in the Golden State.
For more reading on life in Mission Viejo, check out:
Six factors go into calculating the cost of living index in Mission Viejo. Here is how it fairs on each of the criteria:
The Services index in Mission Viejo is 115.
The Groceries index in Mission Viejo is 114.
The Health index in Mission Viejo is 103.
The Housing index in Mission Viejo is 295.
The Transportation index in Mission Viejo is 137.
The Utilities index in Mission Viejo is 88.
Living Expense | Mission Viejo | California | National Average | |
---|---|---|---|---|
Overall | 166 | 139 | 100 | |
Services | 115 | 110 | 100 | |
Groceries | 114 | 112 | 100 | |
Health | 103 | 109 | 100 | |
Housing | 295 | 204 | 100 | |
Transportation | 137 | 126 | 100 | |
Utilities | 88 | 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 Mission Viejo is $772,400.
The Median Rent in Mission Viejo is $2,365.
The Median Income in Mission Viejo is $126,320.
The Home Value To Income in Mission Viejo is 6.1x.
The Rent To Monthly Income in Mission Viejo is 0.22x.
Statistic | Mission Viejo | California | United States |
---|---|---|---|
Median Home Value | $772,400 | $573,200 | $244,900 |
Median Rent | $2,365 | $1,698 | $1,163 |
Median Income | $126,320 | $84,097 | $69,021 |
Home Value To Income | 6.1x | 6.8x | 3.5x |
Rent To Monthly Income | 0.22x | 0.24x | 0.2x |
Item | Mission Viejo | California |
---|---|---|
Shampoo | $1.17 | $1.06 |
Movie | $14.48 | $10.68 |
Bowling | $24.56 | $14.67 |
Haircut | $22.6 | $18.62 |
Beauty Salon | $66.25 | $39.05 |
Item | Mission Viejo | 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 | $2.48 | $2.34 |
Item | Mission Viejo | California |
---|---|---|
Optometrist | $106.53 | $108.57 |
Doctor | $100.28 | $116.17 |
Dentist | $114.52 | $99.13 |
Item | Mission Viejo | California |
---|---|---|
Gasoline | $3.32 | $2.22 |
Tire Balancing | $52.6 | $50.07 |
Item | Mission Viejo | California |
---|---|---|
All Electricity | $138.7 | $167.67 |
Phone | $176.01 | $175.64 |
The cost of living varies in the cities and towns around Mission Viejo. Here's a quick look at the cost of living in the most populous nearby places:
Irvine, CA has a cost of living index of 182, 1.1x Mission Viejo.
Orange, CA has a cost of living index of 158, 1.0x Mission Viejo.
Lake Forest, CA has a cost of living index of 159, 1.0x Mission Viejo.
City | Population | Cost Of Living | Vs. Mission Viejo |
---|---|---|---|
Irvine, CA | 297,868 | 182 | 1.1x |
Orange, CA | 139,195 | 158 | 1.0x |
Lake Forest, CA | 85,516 | 159 | 1.0x |
Laguna Niguel, CA | 64,608 | 177 | 1.1x |
Fountain Valley, CA | 57,139 | 165 | 1.0x |
Aliso Viejo, CA | 51,943 | 161 | 1.0x |
Rancho Santa Margarita, CA | 48,190 | 163 | 1.0x |
San Juan Capistrano, CA | 35,319 | 164 | 1.0x |
Laguna Hills, CA | 31,409 | 170 | 1.0x |
North Tustin, CA | 25,708 | 191 | 1.2x |