Cost of living in Woodcrest 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 Woodcrest 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 Woodcrest is 141, with 100 being the average.
The cost of living index in Woodcrest is 1.4x higher than the national average.
Woodcrest ranks as the #361 cheapest in California out of 635.
Woodcrest ranks as the #5,616 cheapest out of 6,412 in the US.
The median home value in Woodcrest is $523,800.
The median income in Woodcrest is $119,038.
According to the most recent data on the cost of living, Woodcrest has an overall cost of living index of 141, which is 1.4x higher than the national index of 100.
Compared to California, Woodcrest has a cost of living index that's 1.0x higher than California's index of 139.
The standard of living in Woodcrest ranks as #361 most affordable out of the 635 places we measured in California. By definition, that implies Woodcrest ranks as the #274 most expensive place in the Golden State.
For more reading on life in Woodcrest, check out:
Six factors go into calculating the cost of living index in Woodcrest. Here is how it fairs on each of the criteria:
The Services index in Woodcrest is 113.
The Groceries index in Woodcrest is 115.
The Health index in Woodcrest is 107.
The Housing index in Woodcrest is 201.
The Transportation index in Woodcrest is 134.
The Utilities index in Woodcrest is 90.
Living Expense | Woodcrest | California | National Average | |
---|---|---|---|---|
Overall | 141 | 139 | 100 | |
Services | 113 | 110 | 100 | |
Groceries | 115 | 112 | 100 | |
Health | 107 | 109 | 100 | |
Housing | 201 | 204 | 100 | |
Transportation | 134 | 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 Woodcrest is $523,800.
The Median Rent in Woodcrest is $1,907.
The Median Income in Woodcrest is $119,038.
The Home Value To Income in Woodcrest is 4.4x.
The Rent To Monthly Income in Woodcrest is 0.19x.
Statistic | Woodcrest | California | United States |
---|---|---|---|
Median Home Value | $523,800 | $573,200 | $244,900 |
Median Rent | $1,907 | $1,698 | $1,163 |
Median Income | $119,038 | $84,097 | $69,021 |
Home Value To Income | 4.4x | 6.8x | 3.5x |
Rent To Monthly Income | 0.19x | 0.24x | 0.2x |
Item | Woodcrest | 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 | Woodcrest | 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 | Woodcrest | California |
---|---|---|
Optometrist | $106.53 | $108.57 |
Doctor | $100.28 | $116.17 |
Dentist | $114.52 | $99.13 |
Item | Woodcrest | California |
---|---|---|
Gasoline | $3.32 | $2.22 |
Tire Balancing | $52.6 | $50.07 |
Item | Woodcrest | California |
---|---|---|
All Electricity | $138.7 | $167.67 |
Phone | $176.01 | $175.64 |
The cost of living varies in the cities and towns around Woodcrest. Here's a quick look at the cost of living in the most populous nearby places:
Riverside, CA has a cost of living index of 124, 0.9x Woodcrest.
Moreno Valley, CA has a cost of living index of 119, 0.8x Woodcrest.
Fontana, CA has a cost of living index of 121, 0.9x Woodcrest.
City | Population | Cost Of Living | Vs. Woodcrest |
---|---|---|---|
Riverside, CA | 314,858 | 124 | 0.9x |
Moreno Valley, CA | 208,371 | 119 | 0.8x |
Fontana, CA | 208,087 | 121 | 0.9x |
Corona, CA | 157,844 | 134 | 1.0x |
Redlands, CA | 72,649 | 128 | 0.9x |
Eastvale, CA | 68,539 | 154 | 1.1x |
Norco, CA | 26,176 | 145 | 1.0x |
El Cerrito, CA | 25,898 | 177 | 1.3x |
Loma Linda, CA | 24,712 | 122 | 0.9x |
Bloomington, CA | 22,107 | 114 | 0.8x |