Cost of living in Pico Rivera 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 Pico Rivera 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 Pico Rivera is 133, with 100 being the average.
The cost of living index in Pico Rivera is 1.3x higher than the national average.
Pico Rivera ranks as the #297 cheapest in California out of 635.
Pico Rivera ranks as the #5,359 cheapest out of 6,412 in the US.
The median home value in Pico Rivera is $490,300.
The median income in Pico Rivera is $78,056.
According to the most recent data on the cost of living, Pico Rivera has an overall cost of living index of 133, which is 1.3x higher than the national index of 100.
Compared to California, Pico Rivera has a cost of living index that's 1.0x lower than California's index of 139.
The standard of living in Pico Rivera ranks as #297 most affordable out of the 635 places we measured in California. By definition, that implies Pico Rivera ranks as the #338 most expensive place in the Golden State.
For more reading on life in Pico Rivera, check out:
Six factors go into calculating the cost of living index in Pico Rivera. Here is how it fairs on each of the criteria:
The Services index in Pico Rivera is 115.
The Groceries index in Pico Rivera is 112.
The Health index in Pico Rivera is 113.
The Housing index in Pico Rivera is 172.
The Transportation index in Pico Rivera is 135.
The Utilities index in Pico Rivera is 110.
Living Expense | Pico Rivera | California | National Average | |
---|---|---|---|---|
Overall | 133 | 139 | 100 | |
Services | 115 | 110 | 100 | |
Groceries | 112 | 112 | 100 | |
Health | 113 | 109 | 100 | |
Housing | 172 | 204 | 100 | |
Transportation | 135 | 126 | 100 | |
Utilities | 110 | 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 Pico Rivera is $490,300.
The Median Rent in Pico Rivera is $1,569.
The Median Income in Pico Rivera is $78,056.
The Home Value To Income in Pico Rivera is 6.3x.
The Rent To Monthly Income in Pico Rivera is 0.24x.
Statistic | Pico Rivera | California | United States |
---|---|---|---|
Median Home Value | $490,300 | $573,200 | $244,900 |
Median Rent | $1,569 | $1,698 | $1,163 |
Median Income | $78,056 | $84,097 | $69,021 |
Home Value To Income | 6.3x | 6.8x | 3.5x |
Rent To Monthly Income | 0.24x | 0.24x | 0.2x |
Item | Pico Rivera | 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 | Pico Rivera | 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 | Pico Rivera | California |
---|---|---|
Optometrist | $125.58 | $108.57 |
Doctor | $125.0 | $116.17 |
Dentist | $110.78 | $99.13 |
Item | Pico Rivera | California |
---|---|---|
Gasoline | $3.31 | $2.22 |
Tire Balancing | $50.62 | $50.07 |
Item | Pico Rivera | California |
---|---|---|
All Electricity | $185.68 | $167.67 |
Phone | $189.51 | $175.64 |
The cost of living varies in the cities and towns around Pico Rivera. Here's a quick look at the cost of living in the most populous nearby places:
Downey, CA has a cost of living index of 144, 1.1x Pico Rivera.
Whittier, CA has a cost of living index of 142, 1.1x Pico Rivera.
Lakewood, CA has a cost of living index of 143, 1.1x Pico Rivera.
City | Population | Cost Of Living | Vs. Pico Rivera |
---|---|---|---|
Downey, CA | 114,293 | 144 | 1.1x |
Whittier, CA | 87,184 | 142 | 1.1x |
Lakewood, CA | 82,419 | 143 | 1.1x |
Montebello, CA | 62,828 | 142 | 1.1x |
Monterey Park, CA | 61,153 | 153 | 1.2x |
Cypress, CA | 50,279 | 154 | 1.2x |
La Mirada, CA | 47,957 | 147 | 1.1x |
Bell Gardens, CA | 39,870 | 130 | 1.0x |
West Whittier-Los Nietos, CA | 26,275 | 134 | 1.0x |
West Puente Valley, CA | 23,003 | 133 | 1.0x |