Redondo Beach, CA Cost Of Living
Cost Of Living In Redondo Beach, CA Summary
Cost of living in Redondo 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 Redondo 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 Redondo Beach is 189, with 100 being the average.
The cost of living index in Redondo Beach is 1.9x higher than the national average.
Redondo Beach ranks as the #552 cheapest in California out of 635.
Redondo Beach ranks as the #6,263 cheapest out of 6,412 in the US.
The median home value in Redondo Beach is $1,026,500.
The median income in Redondo Beach is $123,874.
Table Of Contents
Redondo Beach's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Redondo Beach, CA?
According to the most recent data on the cost of living, Redondo Beach has an overall cost of living index of 189, which is 1.9x higher than the national index of 100.
Compared to California, Redondo Beach has a cost of living index that's 1.4x higher than California's index of 139.
The standard of living in Redondo Beach ranks as #552 most affordable out of the 635 places we measured in California. By definition, that implies Redondo Beach ranks as the #83 most expensive place in the Golden State.
For more reading on life in Redondo Beach, check out:
- Living In Redondo Beach
- Redondo Beach Crime Report
- Search Homes For Sale In Redondo Beach, CA
In California
In America
Redondo Beach Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Redondo Beach. Here is how it fairs on each of the criteria:
The Services index in Redondo Beach is 116.
The Groceries index in Redondo Beach is 114.
The Health index in Redondo Beach is 113.
The Housing index in Redondo Beach is 353.
The Transportation index in Redondo Beach is 136.
The Utilities index in Redondo Beach is 109.
| Living Expense | Redondo Beach | California | National Average | |
|---|---|---|---|---|
| Overall | 189 | 139 | 100 | |
| Services | 116 | 110 | 100 | |
| Groceries | 114 | 112 | 100 | |
| Health | 113 | 109 | 100 | |
| Housing | 353 | 204 | 100 | |
| Transportation | 136 | 126 | 100 | |
| Utilities | 109 | 124 | 100 | |
Redondo Beach, CA Housing Cost Breakdown
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 Redondo Beach is $1,026,500.
The Median Rent in Redondo Beach is $2,297.
The Median Income in Redondo Beach is $123,874.
The Home Value To Income in Redondo Beach is 8.3x.
The Rent To Monthly Income in Redondo Beach is 0.22x.
| Statistic | Redondo Beach | California | United States |
|---|---|---|---|
| Median Home Value | $1,026,500 | $573,200 | $244,900 |
| Median Rent | $2,297 | $1,698 | $1,163 |
| Median Income | $123,874 | $84,097 | $69,021 |
| Home Value To Income | 8.3x | 6.8x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.24x | 0.2x |
Median Home Value
Median Rent
Median Income
Redondo Beach, CA Costs By Category
Detailed Redondo Beach Services Costs Vs. California
| Item | Redondo Beach | 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 |
Detailed Redondo Beach Groceries Costs Vs. California
| Item | Redondo Beach | 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 |
Detailed Redondo Beach Health Costs Vs. California
| Item | Redondo Beach | California |
|---|---|---|
| Optometrist | $125.58 | $108.57 |
| Doctor | $125.0 | $116.17 |
| Dentist | $110.78 | $99.13 |
Detailed Redondo Beach Transportation Costs Vs. California
| Item | Redondo Beach | California |
|---|---|---|
| Gasoline | $3.31 | $2.22 |
| Tire Balancing | $50.62 | $50.07 |
Detailed Redondo Beach Utilities Costs Vs. California
| Item | Redondo Beach | California |
|---|---|---|
| All Electricity | $185.68 | $167.67 |
| Phone | $189.51 | $175.64 |
Redondo Beach SnackAbility
/10
Cost Of Living In Cities Around Redondo Beach
The cost of living varies in the cities and towns around Redondo Beach. Here's a quick look at the cost of living in the most populous nearby places:
Torrance, CA has a cost of living index of 171, 0.9x Redondo Beach.
Hawthorne, CA has a cost of living index of 141, 0.7x Redondo Beach.
Lakewood, CA has a cost of living index of 143, 0.8x Redondo Beach.
| City | Population | Cost Of Living | Vs. Redondo Beach |
|---|---|---|---|
| Torrance, CA | 147,156 | 171 | 0.9x |
| Hawthorne, CA | 87,863 | 141 | 0.7x |
| Lakewood, CA | 82,419 | 143 | 0.8x |
| Gardena, CA | 60,917 | 137 | 0.7x |
| Cypress, CA | 50,279 | 154 | 0.8x |
| Cerritos, CA | 49,630 | 169 | 0.9x |
| Rancho Palos Verdes, CA | 42,316 | 217 | 1.1x |
| Manhattan Beach, CA | 35,585 | 278 | 1.5x |
| Lawndale, CA | 32,035 | 141 | 0.7x |
| West Whittier-Los Nietos, CA | 26,275 | 134 | 0.7x |
