Cost of living in Solvang 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 Solvang 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 Solvang is 171, with 100 being the average.
The cost of living index in Solvang is 1.7x higher than the national average.
Solvang ranks as the #510 cheapest in California out of 635.
Solvang ranks as the #6,135 cheapest out of 6,412 in the US.
The median home value in Solvang is $779,300.
The median income in Solvang is $94,451.
According to the most recent data on the cost of living, Solvang has an overall cost of living index of 171, which is 1.7x higher than the national index of 100.
Compared to California, Solvang has a cost of living index that's 1.2x higher than California's index of 139.
The standard of living in Solvang ranks as #510 most affordable out of the 635 places we measured in California. By definition, that implies Solvang ranks as the #125 most expensive place in the Golden State.
For more reading on life in Solvang, check out:
Six factors go into calculating the cost of living index in Solvang. Here is how it fairs on each of the criteria:
The Services index in Solvang is 105.
The Groceries index in Solvang is 102.
The Health index in Solvang is 109.
The Housing index in Solvang is 298.
The Transportation index in Solvang is 128.
The Utilities index in Solvang is 168.
Living Expense | Solvang | California | National Average | |
---|---|---|---|---|
Overall | 171 | 139 | 100 | |
Services | 105 | 110 | 100 | |
Groceries | 102 | 112 | 100 | |
Health | 109 | 109 | 100 | |
Housing | 298 | 204 | 100 | |
Transportation | 128 | 126 | 100 | |
Utilities | 168 | 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 Solvang is $779,300.
The Median Rent in Solvang is $1,479.
The Median Income in Solvang is $94,451.
The Home Value To Income in Solvang is 8.3x.
The Rent To Monthly Income in Solvang is 0.19x.
Statistic | Solvang | California | United States |
---|---|---|---|
Median Home Value | $779,300 | $573,200 | $244,900 |
Median Rent | $1,479 | $1,698 | $1,163 |
Median Income | $94,451 | $84,097 | $69,021 |
Home Value To Income | 8.3x | 6.8x | 3.5x |
Rent To Monthly Income | 0.19x | 0.24x | 0.2x |
Item | Solvang | California |
---|---|---|
Shampoo | $1.16 | $1.06 |
Movie | $10.31 | $10.68 |
Bowling | $14.28 | $14.67 |
Haircut | $20.0 | $18.62 |
Beauty Salon | $55.0 | $39.05 |
Item | Solvang | California |
---|---|---|
Ground Beef | $4.37 | $4.22 |
Fried Chicken | $1.53 | $1.39 |
Milk | $2.37 | $2.05 |
Potatoes | $3.31 | $3.29 |
Pizza | $8.97 | $10.62 |
Beer | $8.81 | $9.38 |
Toothpaste | $2.6 | $2.34 |
Item | Solvang | California |
---|---|---|
Optometrist | $91.67 | $108.57 |
Doctor | $131.39 | $116.17 |
Dentist | $117.39 | $99.13 |
Item | Solvang | California |
---|---|---|
Gasoline | $3.22 | $2.22 |
Tire Balancing | $46.66 | $50.07 |
Item | Solvang | California |
---|---|---|
All Electricity | $370.41 | $167.67 |
Phone | $176.01 | $175.64 |
The cost of living varies in the cities and towns around Solvang. Here's a quick look at the cost of living in the most populous nearby places:
Santa Barbara, CA has a cost of living index of 197, 1.2x Solvang.
Lompoc, CA has a cost of living index of 117, 0.7x Solvang.
Goleta, CA has a cost of living index of 172, 1.0x Solvang.
City | Population | Cost Of Living | Vs. Solvang |
---|---|---|---|
Santa Barbara, CA | 89,132 | 197 | 1.2x |
Lompoc, CA | 44,232 | 117 | 0.7x |
Goleta, CA | 32,677 | 172 | 1.0x |
Orcutt, CA | 30,940 | 138 | 0.8x |
Nipomo, CA | 18,440 | 139 | 0.8x |
Arroyo Grande, CA | 18,422 | 147 | 0.9x |
Isla Vista, CA | 15,732 | 143 | 0.8x |
Carpinteria, CA | 13,289 | 167 | 1.0x |
Grover Beach, CA | 12,846 | 144 | 0.8x |
Guadalupe, CA | 8,138 | 118 | 0.7x |