Cost of living in Placentia 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 Placentia 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 Placentia is 156, with 100 being the average.
The cost of living index in Placentia is 1.6x higher than the national average.
Placentia ranks as the #443 cheapest in California out of 635.
Placentia ranks as the #5,945 cheapest out of 6,412 in the US.
The median home value in Placentia is $697,900.
The median income in Placentia is $103,041.
According to the most recent data on the cost of living, Placentia has an overall cost of living index of 156, which is 1.6x higher than the national index of 100.
Compared to California, Placentia has a cost of living index that's 1.1x higher than California's index of 139.
The standard of living in Placentia ranks as #443 most affordable out of the 635 places we measured in California. By definition, that implies Placentia ranks as the #192 most expensive place in the Golden State.
For more reading on life in Placentia, check out:
Six factors go into calculating the cost of living index in Placentia. Here is how it fairs on each of the criteria:
The Services index in Placentia is 113.
The Groceries index in Placentia is 112.
The Health index in Placentia is 107.
The Housing index in Placentia is 261.
The Transportation index in Placentia is 138.
The Utilities index in Placentia is 91.
Living Expense | Placentia | California | National Average | |
---|---|---|---|---|
Overall | 156 | 139 | 100 | |
Services | 113 | 110 | 100 | |
Groceries | 112 | 112 | 100 | |
Health | 107 | 109 | 100 | |
Housing | 261 | 204 | 100 | |
Transportation | 138 | 126 | 100 | |
Utilities | 91 | 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 Placentia is $697,900.
The Median Rent in Placentia is $1,938.
The Median Income in Placentia is $103,041.
The Home Value To Income in Placentia is 6.8x.
The Rent To Monthly Income in Placentia is 0.23x.
Statistic | Placentia | California | United States |
---|---|---|---|
Median Home Value | $697,900 | $573,200 | $244,900 |
Median Rent | $1,938 | $1,698 | $1,163 |
Median Income | $103,041 | $84,097 | $69,021 |
Home Value To Income | 6.8x | 6.8x | 3.5x |
Rent To Monthly Income | 0.23x | 0.24x | 0.2x |
Item | Placentia | 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 | Placentia | 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 | Placentia | California |
---|---|---|
Optometrist | $106.53 | $108.57 |
Doctor | $100.28 | $116.17 |
Dentist | $114.52 | $99.13 |
Item | Placentia | California |
---|---|---|
Gasoline | $3.32 | $2.22 |
Tire Balancing | $52.6 | $50.07 |
Item | Placentia | California |
---|---|---|
All Electricity | $138.7 | $167.67 |
Phone | $176.01 | $175.64 |
The cost of living varies in the cities and towns around Placentia. Here's a quick look at the cost of living in the most populous nearby places:
Anaheim, CA has a cost of living index of 143, 0.9x Placentia.
Fullerton, CA has a cost of living index of 156, 1.0x Placentia.
Orange, CA has a cost of living index of 158, 1.0x Placentia.
City | Population | Cost Of Living | Vs. Placentia |
---|---|---|---|
Anaheim, CA | 348,204 | 143 | 0.9x |
Fullerton, CA | 142,964 | 156 | 1.0x |
Orange, CA | 139,195 | 158 | 1.0x |
Lake Forest, CA | 85,516 | 159 | 1.0x |
Lakewood, CA | 82,419 | 143 | 0.9x |
Yorba Linda, CA | 68,319 | 181 | 1.2x |
La Habra, CA | 63,287 | 143 | 0.9x |
Cypress, CA | 50,279 | 154 | 1.0x |
Rowland Heights, CA | 48,765 | 156 | 1.0x |
La Mirada, CA | 47,957 | 147 | 0.9x |