Cost of Living in Calabasas, CA

Population 22,869 · California · Data vintage 2023

379
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing prices in Calabasas cluster toward the top of the US distribution — a median of $1.5 million, roughly 5 times the national figure, consistent with markets dominated by nonresident and vacation-home buyers. Unemployment has stayed elevated relative to the national figure — 10.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Calabasas sits roughly 10 miles southeast of Simi Valley — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 93% higher than Simi Valley's $754,000.

Cost Overview

Housing 477
Rent 234

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Calabasas

The median home value in Calabasas is $1,453,900 — 377% above the national median of $305,000. Median rent runs $3,070/month, 134% higher than the national median of $1,314/month. The median household income of $157,938/year is 112% higher than the US median of $74,580. The local unemployment rate is 10.2%, above the national average of 4.8%. California's top state income tax rate is 13.3% and the combined sales tax is 8.7%. The climate averages highs of 78.9°F and lows of 54.3°F. Overall, Calabasas has a cost of living index of 379 versus the US average of 100, meaning it is 279% more expensive.

🏠 Housing

Median Home Value
$1,453,900
377% above avg
Zillow Home Value
$1,688,280
Zillow ZHVI
Median Rent
$3,070/mo
134% above avg
Zillow Rent
$4,422/mo
Zillow ZORI
Price-to-Rent Ratio
39.5x
Favors renting
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,195
1 BR
$1,241
2 BR
$1,544
3 BR
$2,163
4 BR
$2,556
Owner-occupied 69.3%
Renter-occupied 30.7%

💰 Estimated Monthly Budget

Rent median rent
$3,070
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,684/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
36.1 min
34% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
23.8%

Commute Mode

Drove alone
69.1%
Carpooled
4.4%
Public transit
0.4%
Walked
0.3%
Bicycle
0.4%
Work from home
23.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 13.3%
Total Sales Tax 8.7%
State rate 7.3%
Avg local rate 1.4%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$157,938
112% above avg
Per Capita Income
$98,120
Unemployment Rate
10.2%
111% above avg
Poverty Rate
9.2%
Labor Force Participation
64.6%

🎓 Education

Bachelor's degree+ 37.4%
Graduate degree 33.9%

👥 Demographics

Median Age 42.9
Male median age 40
Female median age 45.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
78.9°F
Avg Low
54.3°F
Annual Precip
13.4"
40° 55° 70° 85° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 686872757984919390837567
Low °F 464649525660646563574945
Precip" 2.753.792.500.710.290.070.000.010.120.480.751.95

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 67 — Moderate
11.2%
Good air days/yr
210
Max AQI recorded
203
PM2.5 days
150
Ozone days

Frequently Asked Questions

What is the cost of living in Calabasas, CA?

Calabasas has a cost index of 379 (100 = national average). It is 279% above the national average.

What is average rent in Calabasas, CA?

The median gross rent in Calabasas is $3,070 per month based on 2023 Census data.

What is the average home price in Calabasas?

The median home value in Calabasas is $1,453,900 according to Zillow and Census data.

What is the median income in Calabasas?

The median household income in Calabasas is $157,938 per year (2023 ACS 5-year estimates).

What is the sales tax in Calabasas, CA?

The combined state and local sales tax rate in Calabasas is 8.7%. The California state income tax top rate is 13.3%.

Is Calabasas, CA affordable?

Calabasas is above average in cost of living, with an index of 379 — about 279% higher than the national average.

What is the weather like in Calabasas?

Calabasas has average high temperatures of 78.9°F and average lows of 54.3°F. Annual precipitation is 13.4". Data from NOAA 1991–2020 Climate Normals.

Calabasas at a Glance

Population
22,869
Median Income
$157,938
Home Value
$1,453,900
Median Rent
$3,070/mo
Unemployment
10.2%
Avg High Temp
78.9°F
Sales Tax
8.7%
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