Cost of Living in Lomita, CA

Population 20,409 · California · Data vintage 2023

214
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Lomita run well above the national baseline, with a median of $792,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $92,920 place the city among the better-paid California metros.

Geographically, Lomita is part of the immediate Torrance metro area. Median home values run roughly 24% lower than Torrance's $1 million.

Cost Overview

Housing 260
Rent 146

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

About the Cost of Living in Lomita

The median home value in Lomita is $792,100 — 160% above the national median of $305,000. Median rent runs $1,918/month, 46% higher than the national median of $1,314/month. The median household income of $92,920/year is 25% higher than the US median of $74,580. The local unemployment rate is 3.4%, 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%. Overall, Lomita has a cost of living index of 214 versus the US average of 100, meaning it is 114% more expensive.

🏠 Housing

Median Home Value
$792,100
160% above avg
Zillow Home Value
$910,033
Zillow ZHVI
Median Rent
$1,918/mo
46% above avg
Zillow Rent
$3,233/mo
Zillow ZORI
Price-to-Rent Ratio
34.4x
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 46.1%
Renter-occupied 53.9%

💰 Estimated Monthly Budget

Rent median rent
$1,918
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,532/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
27.9 min
3% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.8%

Commute Mode

Drove alone
72.9%
Carpooled
8.6%
Public transit
1.5%
Walked
3.6%
Bicycle
1.4%
Work from home
10.8%

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
$92,920
25% above avg
Per Capita Income
$44,522
Unemployment Rate
3.4%
30% below avg
Poverty Rate
12.2%
Labor Force Participation
66.0%

🎓 Education

Bachelor's degree+ 26.0%
Graduate degree 12.0%

👥 Demographics

Median Age 39
Male median age 40.1
Female median age 38.6

💨 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 Lomita, CA?

Lomita has a cost index of 214 (100 = national average). It is 114% above the national average.

What is average rent in Lomita, CA?

The median gross rent in Lomita is $1,918 per month based on 2023 Census data.

What is the average home price in Lomita?

The median home value in Lomita is $792,100 according to Zillow and Census data.

What is the median income in Lomita?

The median household income in Lomita is $92,920 per year (2023 ACS 5-year estimates).

What is the sales tax in Lomita, CA?

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

Is Lomita, CA affordable?

Lomita is above average in cost of living, with an index of 214 — about 114% higher than the national average.