Cost of Living in Isla Vista, CA

Population 13,717 · California · Data vintage 2023

301
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing prices in Isla Vista cluster toward the top of the US distribution — a median of $1.2 million, roughly 4 times the national figure, consistent with markets dominated by nonresident and vacation-home buyers. Rent burden runs high: typical rents of $1,856/month consume roughly 91% of median household income, past the 30% threshold most affordability frameworks flag as strained.

Located 35 miles west of San Buenaventura (Ventura), Isla Vista falls within that metro's commuting orbit. Median home values run roughly 59% higher than San Buenaventura (Ventura)'s $779,000.

Cost Overview

Housing 407
Rent 141

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

About the Cost of Living in Isla Vista

The median home value in Isla Vista is $1,241,700 — 307% above the national median of $305,000. Median rent runs $1,856/month, 41% higher than the national median of $1,314/month. The median household income of $24,428/year is 67% lower than the US median of $74,580. The local unemployment rate is 17.1%, 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 67.3°F and lows of 49.6°F. Overall, Isla Vista has a cost of living index of 301 versus the US average of 100, meaning it is 201% more expensive.

🏠 Housing

Median Home Value
$1,241,700
307% above avg
Zillow Home Value
$1,524,909
Zillow ZHVI
Median Rent
$1,856/mo
41% above avg
Zillow Rent
$3,387/mo
Zillow ZORI
Price-to-Rent Ratio
55.8x
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 1.0%
Renter-occupied 99.0%

💰 Estimated Monthly Budget

Rent median rent
$1,856
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,470/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
17.8 min
34% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.3%

Commute Mode

Drove alone
50.6%
Carpooled
4.6%
Public transit
3.5%
Walked
17.2%
Bicycle
13.1%
Work from home
8.3%

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
$24,428
67% below avg
Per Capita Income
$13,289
Unemployment Rate
17.1%
255% above avg
Poverty Rate
69.3%
Labor Force Participation
59.4%

🎓 Education

Bachelor's degree+ 20.8%
Graduate degree 19.9%

👥 Demographics

Median Age 21.2
Male median age 21.5
Female median age 21

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
67.3°F
Avg Low
49.6°F
Annual Precip
19"
40° 50° 60° 70° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 646265656868717271726863
Low °F 434446485154575756514642
Precip" 4.704.343.291.040.460.140.050.030.090.811.222.81

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 45 — Good
63.6%
Good air days/yr
95
Max AQI recorded
186
PM2.5 days
170
Ozone days

Frequently Asked Questions

What is the cost of living in Isla Vista, CA?

Isla Vista has a cost index of 301 (100 = national average). It is 201% above the national average.

What is average rent in Isla Vista, CA?

The median gross rent in Isla Vista is $1,856 per month based on 2023 Census data.

What is the average home price in Isla Vista?

The median home value in Isla Vista is $1,241,700 according to Zillow and Census data.

What is the median income in Isla Vista?

The median household income in Isla Vista is $24,428 per year (2023 ACS 5-year estimates).

What is the sales tax in Isla Vista, CA?

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

Is Isla Vista, CA affordable?

Isla Vista is above average in cost of living, with an index of 301 — about 201% higher than the national average.

What is the weather like in Isla Vista?

Isla Vista has average high temperatures of 67.3°F and average lows of 49.6°F. Annual precipitation is 19". Data from NOAA 1991–2020 Climate Normals.