Cost of living in Rancho Murieta 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 Murieta 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 Murieta is 146, with 100 being the average.
The cost of living index in Rancho Murieta is 1.5x higher than the national average.
Rancho Murieta ranks as the #395 cheapest in California out of 635.
Rancho Murieta ranks as the #5,742 cheapest out of 6,412 in the US.
The median home value in Rancho Murieta is $546,500.
The median income in Rancho Murieta is $133,505.
According to the most recent data on the cost of living, Rancho Murieta has an overall cost of living index of 146, which is 1.5x higher than the national index of 100.
Compared to California, Rancho Murieta has a cost of living index that's 1.1x higher than California's index of 139.
The standard of living in Rancho Murieta ranks as #395 most affordable out of the 635 places we measured in California. By definition, that implies Rancho Murieta ranks as the #240 most expensive place in the Golden State.
For more reading on life in Rancho Murieta, check out:
Six factors go into calculating the cost of living index in Rancho Murieta. Here is how it fairs on each of the criteria:
The Services index in Rancho Murieta is 116.
The Groceries index in Rancho Murieta is 110.
The Health index in Rancho Murieta is 124.
The Housing index in Rancho Murieta is 216.
The Transportation index in Rancho Murieta is 133.
The Utilities index in Rancho Murieta is 109.
Living Expense | Rancho Murieta | California | National Average | |
---|---|---|---|---|
Overall | 146 | 139 | 100 | |
Services | 116 | 110 | 100 | |
Groceries | 110 | 112 | 100 | |
Health | 124 | 109 | 100 | |
Housing | 216 | 204 | 100 | |
Transportation | 133 | 126 | 100 | |
Utilities | 109 | 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 Murieta is $546,500.
The Median Rent in Rancho Murieta is $2,632.
The Median Income in Rancho Murieta is $133,505.
The Home Value To Income in Rancho Murieta is 4.1x.
The Rent To Monthly Income in Rancho Murieta is 0.24x.
Statistic | Rancho Murieta | California | United States |
---|---|---|---|
Median Home Value | $546,500 | $573,200 | $244,900 |
Median Rent | $2,632 | $1,698 | $1,163 |
Median Income | $133,505 | $84,097 | $69,021 |
Home Value To Income | 4.1x | 6.8x | 3.5x |
Rent To Monthly Income | 0.24x | 0.24x | 0.2x |
Item | Rancho Murieta | 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 Murieta | 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 Murieta | California |
---|---|---|
Optometrist | $148.5 | $108.57 |
Doctor | $194.75 | $116.17 |
Dentist | $94.8 | $99.13 |
Item | Rancho Murieta | California |
---|---|---|
Gasoline | $3.24 | $2.22 |
Tire Balancing | $51.87 | $50.07 |
Item | Rancho Murieta | California |
---|---|---|
All Electricity | $192.37 | $167.67 |
Phone | $186.51 | $175.64 |
The cost of living varies in the cities and towns around Rancho Murieta. Here's a quick look at the cost of living in the most populous nearby places:
Citrus Heights, CA has a cost of living index of 117, 0.8x Rancho Murieta.
Folsom, CA has a cost of living index of 144, 1.0x Rancho Murieta.
Rancho Cordova, CA has a cost of living index of 117, 0.8x Rancho Murieta.
City | Population | Cost Of Living | Vs. Rancho Murieta |
---|---|---|---|
Citrus Heights, CA | 87,521 | 117 | 0.8x |
Folsom, CA | 79,201 | 144 | 1.0x |
Rancho Cordova, CA | 78,358 | 117 | 0.8x |
El Dorado Hills, CA | 48,612 | 163 | 1.1x |
Vineyard, CA | 41,505 | 134 | 0.9x |
Orangevale, CA | 35,729 | 131 | 0.9x |
Fair Oaks, CA | 31,750 | 134 | 0.9x |
Rosemont, CA | 24,343 | 117 | 0.8x |
Granite Bay, CA | 21,673 | 171 | 1.2x |
Cameron Park, CA | 17,790 | 134 | 0.9x |