Parkway, CA Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Parkway, CA Summary

Cost of living in Parkway 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 Parkway 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 Parkway is 110, with 100 being the average.

  • The cost of living index in Parkway is 1.1x higher than the national average.

  • Parkway ranks as the #122 cheapest in California out of 635.

  • Parkway ranks as the #4,128 cheapest out of 6,412 in the US.

  • The median home value in Parkway is $290,000.

  • The median income in Parkway is $50,422.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
110
Parkway's Overall Cost Of Living
1.1x
Higher Than The National Average

What is the cost of living in Parkway, CA?

According to the most recent data on the cost of living, Parkway has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.

Compared to California, Parkway has a cost of living index that's 0.8x lower than California's index of 139.

The standard of living in Parkway ranks as #122 most affordable out of the 635 places we measured in California. By definition, that implies Parkway ranks as the #513 most expensive place in the Golden State.

For more reading on life in Parkway, check out:

122 out of 635
In California
4,128 out of 6,412
In America

Parkway Cost Of Living Vs. California

Six factors go into calculating the cost of living index in Parkway. Here is how it fairs on each of the criteria:

  • The Services index in Parkway is 117.

  • The Groceries index in Parkway is 110.

  • The Health index in Parkway is 124.

  • The Housing index in Parkway is 93.

  • The Transportation index in Parkway is 133.

  • The Utilities index in Parkway is 108.

Living Expense Parkway California National Average
Overall 110 139 100
Services 117 110 100
Groceries 110 112 100
Health 124 109 100
Housing 93 204 100
Transportation 133 126 100
Utilities 108 124 100
For more reading on cost of living around California, check out:
Parkway Cost of Living Vs. CA

Parkway, CA Housing Cost Breakdown

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 Parkway is $290,000.

  • The Median Rent in Parkway is $1,234.

  • The Median Income in Parkway is $50,422.

  • The Home Value To Income in Parkway is 5.8x.

  • The Rent To Monthly Income in Parkway is 0.29x.

Statistic Parkway California United States
Median Home Value $290,000 $573,200 $244,900
Median Rent $1,234 $1,698 $1,163
Median Income $50,422 $84,097 $69,021
Home Value To Income 5.8x 6.8x 3.5x
Rent To Monthly Income 0.29x 0.24x 0.2x
Search Homes For Sale In Parkway, CA
$290,000
Median Home Value
$1,234
Median Rent
$50,422
Median Income

Parkway, CA Costs By Category

Detailed Parkway Services Costs Vs. California

Item Parkway California
Shampoo $1.24 $1.06
Movie $13.93 $10.68
Bowling $20.08 $14.67
Haircut $24.02 $18.62
Beauty Salon $62.28 $39.05

Detailed Parkway Groceries Costs Vs. California

Item Parkway California
Ground Beef $5.05 $4.22
Fried Chicken $1.31 $1.39
Milk $2.66 $2.05
Potatoes $3.2 $3.29
Pizza $17.03 $10.62
Beer $9.52 $9.38
Toothpaste $2.79 $2.34

Detailed Parkway Health Costs Vs. California

Item Parkway California
Optometrist $148.5 $108.57
Doctor $194.75 $116.17
Dentist $94.8 $99.13

Detailed Parkway Transportation Costs Vs. California

Item Parkway California
Gasoline $3.24 $2.22
Tire Balancing $51.87 $50.07

Detailed Parkway Utilities Costs Vs. California

Item Parkway California
All Electricity $192.37 $167.67
Phone $186.51 $175.64

Parkway SnackAbility

5
/10
Overall SnackAbility
Jobs
5/10
Housing
8.5
Affordability
4
Diversity
10
Safety
N/A
Amenities
9
Education
3
Commute
6

Cost Of Living In Cities Around Parkway

The cost of living varies in the cities and towns around Parkway. Here's a quick look at the cost of living in the most populous nearby places:

  • Sacramento, CA has a cost of living index of 120, 1.1x Parkway.

  • Elk Grove, CA has a cost of living index of 133, 1.2x Parkway.

  • Citrus Heights, CA has a cost of living index of 117, 1.1x Parkway.

City Population Cost Of Living Vs. Parkway
Sacramento, CA 518,605 120 1.1x
Elk Grove, CA 175,510 133 1.2x
Citrus Heights, CA 87,521 117 1.1x
Davis, CA 67,208 159 1.4x
West Sacramento, CA 53,589 121 1.1x
Florin, CA 51,568 109 1.0x
Antelope, CA 48,421 125 1.1x
Vineyard, CA 41,505 134 1.2x
Orangevale, CA 35,729 131 1.2x
Fair Oaks, CA 31,750 134 1.2x

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