Cost of living in Montebello 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 Montebello 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 Montebello is 142, with 100 being the average.
The cost of living index in Montebello is 1.4x higher than the national average.
Montebello ranks as the #370 cheapest in California out of 635.
Montebello ranks as the #5,646 cheapest out of 6,412 in the US.
The median home value in Montebello is $557,400.
The median income in Montebello is $66,584.
According to the most recent data on the cost of living, Montebello has an overall cost of living index of 142, which is 1.4x higher than the national index of 100.
Compared to California, Montebello has a cost of living index that's 1.0x higher than California's index of 139.
The standard of living in Montebello ranks as #370 most affordable out of the 635 places we measured in California. By definition, that implies Montebello ranks as the #265 most expensive place in the Golden State.
For more reading on life in Montebello, check out:
Six factors go into calculating the cost of living index in Montebello. Here is how it fairs on each of the criteria:
The Services index in Montebello is 117.
The Groceries index in Montebello is 115.
The Health index in Montebello is 109.
The Housing index in Montebello is 191.
The Transportation index in Montebello is 135.
The Utilities index in Montebello is 108.
Living Expense | Montebello | California | National Average | |
---|---|---|---|---|
Overall | 142 | 139 | 100 | |
Services | 117 | 110 | 100 | |
Groceries | 115 | 112 | 100 | |
Health | 109 | 109 | 100 | |
Housing | 191 | 204 | 100 | |
Transportation | 135 | 126 | 100 | |
Utilities | 108 | 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 Montebello is $557,400.
The Median Rent in Montebello is $1,543.
The Median Income in Montebello is $66,584.
The Home Value To Income in Montebello is 8.4x.
The Rent To Monthly Income in Montebello is 0.28x.
Statistic | Montebello | California | United States |
---|---|---|---|
Median Home Value | $557,400 | $573,200 | $244,900 |
Median Rent | $1,543 | $1,698 | $1,163 |
Median Income | $66,584 | $84,097 | $69,021 |
Home Value To Income | 8.4x | 6.8x | 3.5x |
Rent To Monthly Income | 0.28x | 0.24x | 0.2x |
Item | Montebello | 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 | Montebello | 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 | Montebello | California |
---|---|---|
Optometrist | $125.58 | $108.57 |
Doctor | $125.0 | $116.17 |
Dentist | $110.78 | $99.13 |
Item | Montebello | California |
---|---|---|
Gasoline | $3.31 | $2.22 |
Tire Balancing | $50.62 | $50.07 |
Item | Montebello | California |
---|---|---|
All Electricity | $185.68 | $167.67 |
Phone | $189.51 | $175.64 |
The cost of living varies in the cities and towns around Montebello. Here's a quick look at the cost of living in the most populous nearby places:
East Los Angeles, CA has a cost of living index of 129, 0.9x Montebello.
Lakewood, CA has a cost of living index of 143, 1.0x Montebello.
Pico Rivera, CA has a cost of living index of 133, 0.9x Montebello.
City | Population | Cost Of Living | Vs. Montebello |
---|---|---|---|
East Los Angeles, CA | 118,964 | 129 | 0.9x |
Lakewood, CA | 82,419 | 143 | 1.0x |
Pico Rivera, CA | 62,383 | 133 | 0.9x |
Monterey Park, CA | 61,153 | 153 | 1.1x |
Rosemead, CA | 51,698 | 147 | 1.0x |
Cypress, CA | 50,279 | 154 | 1.1x |
La Mirada, CA | 47,957 | 147 | 1.0x |
Bell Gardens, CA | 39,870 | 130 | 0.9x |
West Whittier-Los Nietos, CA | 26,275 | 134 | 0.9x |
West Puente Valley, CA | 23,003 | 133 | 0.9x |