Cost of living in Santa Fe Springs 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 Santa Fe Springs 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 Santa Fe Springs is 131, with 100 being the average.
The cost of living index in Santa Fe Springs is 1.3x higher than the national average.
Santa Fe Springs ranks as the #280 cheapest in California out of 635.
Santa Fe Springs ranks as the #5,294 cheapest out of 6,412 in the US.
The median home value in Santa Fe Springs is $490,200.
The median income in Santa Fe Springs is $75,086.
According to the most recent data on the cost of living, Santa Fe Springs has an overall cost of living index of 131, which is 1.3x higher than the national index of 100.
Compared to California, Santa Fe Springs has a cost of living index that's 0.9x lower than California's index of 139.
The standard of living in Santa Fe Springs ranks as #280 most affordable out of the 635 places we measured in California. By definition, that implies Santa Fe Springs ranks as the #355 most expensive place in the Golden State.
For more reading on life in Santa Fe Springs, check out:
Six factors go into calculating the cost of living index in Santa Fe Springs. Here is how it fairs on each of the criteria:
The Services index in Santa Fe Springs is 114.
The Groceries index in Santa Fe Springs is 116.
The Health index in Santa Fe Springs is 107.
The Housing index in Santa Fe Springs is 182.
The Transportation index in Santa Fe Springs is 135.
The Utilities index in Santa Fe Springs is 90.
Living Expense | Santa Fe Springs | California | National Average | |
---|---|---|---|---|
Overall | 131 | 139 | 100 | |
Services | 114 | 110 | 100 | |
Groceries | 116 | 112 | 100 | |
Health | 107 | 109 | 100 | |
Housing | 182 | 204 | 100 | |
Transportation | 135 | 126 | 100 | |
Utilities | 90 | 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 Santa Fe Springs is $490,200.
The Median Rent in Santa Fe Springs is $1,646.
The Median Income in Santa Fe Springs is $75,086.
The Home Value To Income in Santa Fe Springs is 6.5x.
The Rent To Monthly Income in Santa Fe Springs is 0.26x.
Statistic | Santa Fe Springs | California | United States |
---|---|---|---|
Median Home Value | $490,200 | $573,200 | $244,900 |
Median Rent | $1,646 | $1,698 | $1,163 |
Median Income | $75,086 | $84,097 | $69,021 |
Home Value To Income | 6.5x | 6.8x | 3.5x |
Rent To Monthly Income | 0.26x | 0.24x | 0.2x |
Item | Santa Fe Springs | 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 | Santa Fe Springs | 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 | Santa Fe Springs | California |
---|---|---|
Optometrist | $106.53 | $108.57 |
Doctor | $100.28 | $116.17 |
Dentist | $114.52 | $99.13 |
Item | Santa Fe Springs | California |
---|---|---|
Gasoline | $3.32 | $2.22 |
Tire Balancing | $52.6 | $50.07 |
Item | Santa Fe Springs | California |
---|---|---|
All Electricity | $138.7 | $167.67 |
Phone | $176.01 | $175.64 |
The cost of living varies in the cities and towns around Santa Fe Springs. Here's a quick look at the cost of living in the most populous nearby places:
Downey, CA has a cost of living index of 144, 1.1x Santa Fe Springs.
Norwalk, CA has a cost of living index of 130, 1.0x Santa Fe Springs.
Whittier, CA has a cost of living index of 142, 1.1x Santa Fe Springs.
City | Population | Cost Of Living | Vs. Santa Fe Springs |
---|---|---|---|
Downey, CA | 114,293 | 144 | 1.1x |
Norwalk, CA | 103,330 | 130 | 1.0x |
Whittier, CA | 87,184 | 142 | 1.1x |
Lakewood, CA | 82,419 | 143 | 1.1x |
Pico Rivera, CA | 62,383 | 133 | 1.0x |
South Whittier, CA | 58,800 | 135 | 1.0x |
Cypress, CA | 50,279 | 154 | 1.2x |
Cerritos, CA | 49,630 | 169 | 1.3x |
La Mirada, CA | 47,957 | 147 | 1.1x |
West Whittier-Los Nietos, CA | 26,275 | 134 | 1.0x |