Cost of Living in La Palma, CA

Population 15,375 · California · Data vintage 2023

248
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

La Palma's housing market reflects its status as a high-earning metro: $917,000 for a typical home, 201% above the US median, paired with household incomes around $115,833 that put it in the upper third of the state.

La Palma sits roughly 5 miles southeast of Norwalk — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 49% higher than Norwalk's $617,000.

Cost Overview

Housing 301
Rent 170

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

About the Cost of Living in La Palma

The median home value in La Palma is $916,600 — 201% above the national median of $305,000. Median rent runs $2,239/month, 70% higher than the national median of $1,314/month. The median household income of $115,833/year is 55% higher than the US median of $74,580. The local unemployment rate is 3.6%, below 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 76.4°F and lows of 56.0°F. Overall, La Palma has a cost of living index of 248 versus the US average of 100, meaning it is 148% more expensive.

🏠 Housing

Median Home Value
$916,600
201% above avg
Zillow Home Value
$1,177,992
Zillow ZHVI
Median Rent
$2,239/mo
70% above avg
Price-to-Rent Ratio
34.1x
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 68.5%
Renter-occupied 31.4%

💰 Estimated Monthly Budget

Rent median rent
$2,239
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,853/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
36.3 min
34% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.4%

Commute Mode

Drove alone
72.3%
Carpooled
12.2%
Public transit
0.9%
Walked
0.8%
Bicycle
0.3%
Work from home
12.4%

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
$115,833
55% above avg
Per Capita Income
$53,050
Unemployment Rate
3.6%
25% below avg
Poverty Rate
5.3%
Labor Force Participation
62.0%

🎓 Education

Bachelor's degree+ 31.7%
Graduate degree 17.2%

👥 Demographics

Median Age 46.6
Male median age 44.2
Female median age 48.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
76.4°F
Avg Low
56.0°F
Annual Precip
11.9"
40° 53° 65° 78° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 696971747679848785807468
Low °F 464852545863666665585146
Precip" 2.853.021.740.590.300.080.020.020.140.500.741.86

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
43.8%
Good air days/yr
166
Max AQI recorded
204
PM2.5 days
142
Ozone days

Frequently Asked Questions

What is the cost of living in La Palma, CA?

La Palma has a cost index of 248 (100 = national average). It is 148% above the national average.

What is average rent in La Palma, CA?

The median gross rent in La Palma is $2,239 per month based on 2023 Census data.

What is the average home price in La Palma?

The median home value in La Palma is $916,600 according to Zillow and Census data.

What is the median income in La Palma?

The median household income in La Palma is $115,833 per year (2023 ACS 5-year estimates).

What is the sales tax in La Palma, CA?

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

Is La Palma, CA affordable?

La Palma is above average in cost of living, with an index of 248 — about 148% higher than the national average.

What is the weather like in La Palma?

La Palma has average high temperatures of 76.4°F and average lows of 56.0°F. Annual precipitation is 11.9". Data from NOAA 1991–2020 Climate Normals.

La Palma at a Glance

Population
15,375
Median Income
$115,833
Home Value
$916,600
Median Rent
$2,239/mo
Unemployment
3.6%
Avg High Temp
76.4°F
Sales Tax
8.7%
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