Cost of living in Signal Hill 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 Signal Hill 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 Signal Hill is 142, with 100 being the average.
The cost of living index in Signal Hill is 1.4x higher than the national average.
Signal Hill ranks as the #370 cheapest in California out of 635.
Signal Hill ranks as the #5,646 cheapest out of 6,412 in the US.
The median home value in Signal Hill is $551,000.
The median income in Signal Hill is $79,309.
According to the most recent data on the cost of living, Signal Hill has an overall cost of living index of 142, which is 1.4x higher than the national index of 100.
Compared to California, Signal Hill has a cost of living index that's 1.0x higher than California's index of 139.
The standard of living in Signal Hill ranks as #370 most affordable out of the 635 places we measured in California. By definition, that implies Signal Hill ranks as the #265 most expensive place in the Golden State.
For more reading on life in Signal Hill, check out:
Six factors go into calculating the cost of living index in Signal Hill. Here is how it fairs on each of the criteria:
The Services index in Signal Hill is 112.
The Groceries index in Signal Hill is 115.
The Health index in Signal Hill is 104.
The Housing index in Signal Hill is 208.
The Transportation index in Signal Hill is 134.
The Utilities index in Signal Hill is 91.
Living Expense | Signal Hill | California | National Average | |
---|---|---|---|---|
Overall | 142 | 139 | 100 | |
Services | 112 | 110 | 100 | |
Groceries | 115 | 112 | 100 | |
Health | 104 | 109 | 100 | |
Housing | 208 | 204 | 100 | |
Transportation | 134 | 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 Signal Hill is $551,000.
The Median Rent in Signal Hill is $1,565.
The Median Income in Signal Hill is $79,309.
The Home Value To Income in Signal Hill is 6.9x.
The Rent To Monthly Income in Signal Hill is 0.24x.
Statistic | Signal Hill | California | United States |
---|---|---|---|
Median Home Value | $551,000 | $573,200 | $244,900 |
Median Rent | $1,565 | $1,698 | $1,163 |
Median Income | $79,309 | $84,097 | $69,021 |
Home Value To Income | 6.9x | 6.8x | 3.5x |
Rent To Monthly Income | 0.24x | 0.24x | 0.2x |
Item | Signal Hill | 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 | Signal Hill | 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 | Signal Hill | California |
---|---|---|
Optometrist | $106.53 | $108.57 |
Doctor | $100.28 | $116.17 |
Dentist | $114.52 | $99.13 |
Item | Signal Hill | California |
---|---|---|
Gasoline | $3.32 | $2.22 |
Tire Balancing | $52.6 | $50.07 |
Item | Signal Hill | California |
---|---|---|
All Electricity | $138.7 | $167.67 |
Phone | $176.01 | $175.64 |
The cost of living varies in the cities and towns around Signal Hill. Here's a quick look at the cost of living in the most populous nearby places:
Long Beach, CA has a cost of living index of 143, 1.0x Signal Hill.
Orange, CA has a cost of living index of 158, 1.1x Signal Hill.
Carson, CA has a cost of living index of 135, 1.0x Signal Hill.
City | Population | Cost Of Living | Vs. Signal Hill |
---|---|---|---|
Long Beach, CA | 466,565 | 143 | 1.0x |
Orange, CA | 139,195 | 158 | 1.1x |
Carson, CA | 95,104 | 135 | 1.0x |
Lakewood, CA | 82,419 | 143 | 1.0x |
Bellflower, CA | 79,070 | 133 | 0.9x |
Fountain Valley, CA | 57,139 | 165 | 1.2x |
Paramount, CA | 53,904 | 126 | 0.9x |
Placentia, CA | 51,951 | 156 | 1.1x |
Cypress, CA | 50,279 | 154 | 1.1x |
La Mirada, CA | 47,957 | 147 | 1.0x |