Cost of Living in El Monte, CA

Population 107,066 · California · Data vintage 2023

174
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in El Monte is priced well above national norms — a median of $626,000, roughly 105% above the US figure — typical of the coastal premium that California. At 6.4%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Cost Overview

Housing 205
Rent 128

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

About the Cost of Living in El Monte

The median home value in El Monte is $626,000 — 105% above the national median of $305,000. Median rent runs $1,677/month, 28% higher than the national median of $1,314/month. The median household income of $64,484/year is 14% lower than the US median of $74,580. The local unemployment rate is 6.4%, 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%. Overall, El Monte has a cost of living index of 174 versus the US average of 100, meaning it is 74% more expensive.

🏠 Housing

Median Home Value
$626,000
105% above avg
Zillow Home Value
$758,351
Zillow ZHVI
Median Rent
$1,677/mo
28% above avg
Zillow Rent
$2,515/mo
Zillow ZORI
Price-to-Rent Ratio
31.1x
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 40.0%
Renter-occupied 60.0%

💰 Estimated Monthly Budget

Rent median rent
$1,677
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,291/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
31.8 min
18% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.4%

Commute Mode

Drove alone
70.8%
Carpooled
15.6%
Public transit
3.8%
Walked
2.0%
Bicycle
0.8%
Work from home
5.4%

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
$64,484
14% below avg
Per Capita Income
$24,356
Unemployment Rate
6.4%
34% above avg
Poverty Rate
17.2%
Labor Force Participation
60.8%

🎓 Education

Bachelor's degree+ 11.4%
Graduate degree 3.3%

👥 Demographics

Median Age 38.1
Male median age 37
Female median age 39.3

💨 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 El Monte, CA?

El Monte has a cost index of 174 (100 = national average). It is 74% above the national average.

What is average rent in El Monte, CA?

The median gross rent in El Monte is $1,677 per month based on 2023 Census data.

What is the average home price in El Monte?

The median home value in El Monte is $626,000 according to Zillow and Census data.

What is the median income in El Monte?

The median household income in El Monte is $64,484 per year (2023 ACS 5-year estimates).

What is the sales tax in El Monte, CA?

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

Is El Monte, CA affordable?

El Monte is above average in cost of living, with an index of 174 — about 74% higher than the national average.