Cost of living in Soledad 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 Soledad 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 Soledad is 109, with 100 being the average.
The cost of living index in Soledad is 1.1x higher than the national average.
Soledad ranks as the #107 cheapest in California out of 635.
Soledad ranks as the #4,038 cheapest out of 6,412 in the US.
The median home value in Soledad is $432,700.
The median income in Soledad is $67,366.
According to the most recent data on the cost of living, Soledad has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to California, Soledad has a cost of living index that's 0.8x lower than California's index of 139.
The standard of living in Soledad ranks as #107 most affordable out of the 635 places we measured in California. By definition, that implies Soledad ranks as the #528 most expensive place in the Golden State.
For more reading on life in Soledad, check out:
Six factors go into calculating the cost of living index in Soledad. Here is how it fairs on each of the criteria:
The Services index in Soledad is 90.
The Groceries index in Soledad is 104.
The Health index in Soledad is 111.
The Housing index in Soledad is 131.
The Transportation index in Soledad is 113.
The Utilities index in Soledad is 130.
Living Expense | Soledad | California | National Average | |
---|---|---|---|---|
Overall | 109 | 139 | 100 | |
Services | 90 | 110 | 100 | |
Groceries | 104 | 112 | 100 | |
Health | 111 | 109 | 100 | |
Housing | 131 | 204 | 100 | |
Transportation | 113 | 126 | 100 | |
Utilities | 130 | 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 Soledad is $432,700.
The Median Rent in Soledad is $1,349.
The Median Income in Soledad is $67,366.
The Home Value To Income in Soledad is 6.4x.
The Rent To Monthly Income in Soledad is 0.24x.
Statistic | Soledad | California | United States |
---|---|---|---|
Median Home Value | $432,700 | $573,200 | $244,900 |
Median Rent | $1,349 | $1,698 | $1,163 |
Median Income | $67,366 | $84,097 | $69,021 |
Home Value To Income | 6.4x | 6.8x | 3.5x |
Rent To Monthly Income | 0.24x | 0.24x | 0.2x |
Item | Soledad | California |
---|---|---|
Shampoo | $1.06 | $1.06 |
Movie | $15.05 | $10.68 |
Bowling | $18.25 | $14.67 |
Haircut | $27.5 | $18.62 |
Beauty Salon | $50.52 | $39.05 |
Item | Soledad | California |
---|---|---|
Ground Beef | $4.36 | $4.22 |
Fried Chicken | $2.03 | $1.39 |
Milk | $2.27 | $2.05 |
Potatoes | $3.2 | $3.29 |
Pizza | $10.74 | $10.62 |
Beer | $8.99 | $9.38 |
Toothpaste | $2.52 | $2.34 |
Item | Soledad | California |
---|---|---|
Optometrist | $127.0 | $108.57 |
Doctor | $148.0 | $116.17 |
Dentist | $99.6 | $99.13 |
Item | Soledad | California |
---|---|---|
Gasoline | $3.24 | $2.22 |
Tire Balancing | $45.0 | $50.07 |
Item | Soledad | California |
---|---|---|
All Electricity | $260.15 | $167.67 |
Phone | $173.87 | $175.64 |
The cost of living varies in the cities and towns around Soledad. Here's a quick look at the cost of living in the most populous nearby places:
Salinas, CA has a cost of living index of 119, 1.1x Soledad.
Seaside, CA has a cost of living index of 126, 1.2x Soledad.
Monterey, CA has a cost of living index of 180, 1.7x Soledad.
City | Population | Cost Of Living | Vs. Soledad |
---|---|---|---|
Salinas, CA | 163,004 | 119 | 1.1x |
Seaside, CA | 32,631 | 126 | 1.2x |
Monterey, CA | 30,014 | 180 | 1.7x |
Marina, CA | 22,246 | 129 | 1.2x |
Prunedale, CA | 19,893 | 131 | 1.2x |
Pacific Grove, CA | 15,169 | 184 | 1.7x |
Gonzales, CA | 8,628 | 113 | 1.0x |
Interlaken, CA | 8,079 | 130 | 1.2x |
King, NC | 7,258 | 91 | 0.8x |
Castroville, CA | 6,665 | 110 | 1.0x |