Cost of living in Pismo Beach 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 Pismo Beach 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 Pismo Beach is 168, with 100 being the average.
The cost of living index in Pismo Beach is 1.7x higher than the national average.
Pismo Beach ranks as the #497 cheapest in California out of 635.
Pismo Beach ranks as the #6,103 cheapest out of 6,412 in the US.
The median home value in Pismo Beach is $771,400.
The median income in Pismo Beach is $94,268.
According to the most recent data on the cost of living, Pismo Beach has an overall cost of living index of 168, which is 1.7x higher than the national index of 100.
Compared to California, Pismo Beach has a cost of living index that's 1.2x higher than California's index of 139.
The standard of living in Pismo Beach ranks as #497 most affordable out of the 635 places we measured in California. By definition, that implies Pismo Beach ranks as the #138 most expensive place in the Golden State.
For more reading on life in Pismo Beach, check out:
Six factors go into calculating the cost of living index in Pismo Beach. Here is how it fairs on each of the criteria:
The Services index in Pismo Beach is 102.
The Groceries index in Pismo Beach is 101.
The Health index in Pismo Beach is 108.
The Housing index in Pismo Beach is 283.
The Transportation index in Pismo Beach is 129.
The Utilities index in Pismo Beach is 169.
Living Expense | Pismo Beach | California | National Average | |
---|---|---|---|---|
Overall | 168 | 139 | 100 | |
Services | 102 | 110 | 100 | |
Groceries | 101 | 112 | 100 | |
Health | 108 | 109 | 100 | |
Housing | 283 | 204 | 100 | |
Transportation | 129 | 126 | 100 | |
Utilities | 169 | 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 Pismo Beach is $771,400.
The Median Rent in Pismo Beach is $2,002.
The Median Income in Pismo Beach is $94,268.
The Home Value To Income in Pismo Beach is 8.2x.
The Rent To Monthly Income in Pismo Beach is 0.25x.
Statistic | Pismo Beach | California | United States |
---|---|---|---|
Median Home Value | $771,400 | $573,200 | $244,900 |
Median Rent | $2,002 | $1,698 | $1,163 |
Median Income | $94,268 | $84,097 | $69,021 |
Home Value To Income | 8.2x | 6.8x | 3.5x |
Rent To Monthly Income | 0.25x | 0.24x | 0.2x |
Item | Pismo Beach | California |
---|---|---|
Shampoo | $1.16 | $1.06 |
Movie | $10.31 | $10.68 |
Bowling | $14.28 | $14.67 |
Haircut | $20.0 | $18.62 |
Beauty Salon | $55.0 | $39.05 |
Item | Pismo Beach | California |
---|---|---|
Ground Beef | $4.37 | $4.22 |
Fried Chicken | $1.53 | $1.39 |
Milk | $2.37 | $2.05 |
Potatoes | $3.31 | $3.29 |
Pizza | $8.97 | $10.62 |
Beer | $8.81 | $9.38 |
Toothpaste | $2.6 | $2.34 |
Item | Pismo Beach | California |
---|---|---|
Optometrist | $91.67 | $108.57 |
Doctor | $131.39 | $116.17 |
Dentist | $117.39 | $99.13 |
Item | Pismo Beach | California |
---|---|---|
Gasoline | $3.22 | $2.22 |
Tire Balancing | $46.66 | $50.07 |
Item | Pismo Beach | California |
---|---|---|
All Electricity | $370.41 | $167.67 |
Phone | $176.01 | $175.64 |
The cost of living varies in the cities and towns around Pismo Beach. Here's a quick look at the cost of living in the most populous nearby places:
San Luis Obispo, CA has a cost of living index of 158, 0.9x Pismo Beach.
Nipomo, CA has a cost of living index of 139, 0.8x Pismo Beach.
Arroyo Grande, CA has a cost of living index of 147, 0.9x Pismo Beach.
City | Population | Cost Of Living | Vs. Pismo Beach |
---|---|---|---|
San Luis Obispo, CA | 47,257 | 158 | 0.9x |
Nipomo, CA | 18,440 | 139 | 0.8x |
Arroyo Grande, CA | 18,422 | 147 | 0.9x |
Los Osos, CA | 15,692 | 143 | 0.9x |
Grover Beach, CA | 12,846 | 144 | 0.9x |
Morro Bay, CA | 10,785 | 149 | 0.9x |
Guadalupe, CA | 8,138 | 118 | 0.7x |
Oceano, CA | 7,371 | 127 | 0.8x |