Cost of living in Rancho Cordova 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 Rancho Cordova 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 Rancho Cordova is 117, with 100 being the average.
The cost of living index in Rancho Cordova is 1.2x higher than the national average.
Rancho Cordova ranks as the #170 cheapest in California out of 635.
Rancho Cordova ranks as the #4,628 cheapest out of 6,412 in the US.
The median home value in Rancho Cordova is $356,600.
The median income in Rancho Cordova is $77,044.
According to the most recent data on the cost of living, Rancho Cordova has an overall cost of living index of 117, which is 1.2x higher than the national index of 100.
Compared to California, Rancho Cordova has a cost of living index that's 0.8x lower than California's index of 139.
The standard of living in Rancho Cordova ranks as #170 most affordable out of the 635 places we measured in California. By definition, that implies Rancho Cordova ranks as the #465 most expensive place in the Golden State.
For more reading on life in Rancho Cordova, check out:
Six factors go into calculating the cost of living index in Rancho Cordova. Here is how it fairs on each of the criteria:
The Services index in Rancho Cordova is 116.
The Groceries index in Rancho Cordova is 108.
The Health index in Rancho Cordova is 124.
The Housing index in Rancho Cordova is 117.
The Transportation index in Rancho Cordova is 131.
The Utilities index in Rancho Cordova is 110.
Living Expense | Rancho Cordova | California | National Average | |
---|---|---|---|---|
Overall | 117 | 139 | 100 | |
Services | 116 | 110 | 100 | |
Groceries | 108 | 112 | 100 | |
Health | 124 | 109 | 100 | |
Housing | 117 | 204 | 100 | |
Transportation | 131 | 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 Rancho Cordova is $356,600.
The Median Rent in Rancho Cordova is $1,417.
The Median Income in Rancho Cordova is $77,044.
The Home Value To Income in Rancho Cordova is 4.6x.
The Rent To Monthly Income in Rancho Cordova is 0.22x.
Statistic | Rancho Cordova | California | United States |
---|---|---|---|
Median Home Value | $356,600 | $573,200 | $244,900 |
Median Rent | $1,417 | $1,698 | $1,163 |
Median Income | $77,044 | $84,097 | $69,021 |
Home Value To Income | 4.6x | 6.8x | 3.5x |
Rent To Monthly Income | 0.22x | 0.24x | 0.2x |
Item | Rancho Cordova | 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 |
Item | Rancho Cordova | 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 |
Item | Rancho Cordova | California |
---|---|---|
Optometrist | $148.5 | $108.57 |
Doctor | $194.75 | $116.17 |
Dentist | $94.8 | $99.13 |
Item | Rancho Cordova | California |
---|---|---|
Gasoline | $3.24 | $2.22 |
Tire Balancing | $51.87 | $50.07 |
Item | Rancho Cordova | California |
---|---|---|
All Electricity | $192.37 | $167.67 |
Phone | $186.51 | $175.64 |
The cost of living varies in the cities and towns around Rancho Cordova. Here's a quick look at the cost of living in the most populous nearby places:
Arden-Arcade, CA has a cost of living index of 126, 1.1x Rancho Cordova.
Citrus Heights, CA has a cost of living index of 117, 1.0x Rancho Cordova.
Folsom, CA has a cost of living index of 144, 1.2x Rancho Cordova.
City | Population | Cost Of Living | Vs. Rancho Cordova |
---|---|---|---|
Arden-Arcade, CA | 95,909 | 126 | 1.1x |
Citrus Heights, CA | 87,521 | 117 | 1.0x |
Folsom, CA | 79,201 | 144 | 1.2x |
Carmichael, CA | 77,358 | 124 | 1.1x |
Rocklin, CA | 70,317 | 137 | 1.2x |
El Dorado Hills, CA | 48,612 | 163 | 1.4x |
Antelope, CA | 48,421 | 125 | 1.1x |
Vineyard, CA | 41,505 | 134 | 1.1x |
Orangevale, CA | 35,729 | 131 | 1.1x |
Fair Oaks, CA | 31,750 | 134 | 1.1x |