Cost of Living in Mission Viejo, CA

Population 92,415 · California · Data vintage 2023

269
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Mission Viejo sits 210% above the national median — $946,000 for the typical home — but median household incomes near $136,071 (82% above the US figure) soften the blow that similar pricing creates in lower-wage metros.

Located 8 miles southeast of Irvine, Mission Viejo falls within that metro's commuting orbit. Median home values run roughly 15% lower than Irvine's $1.1 million.

Cost Overview

Housing 310
Rent 206

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

About the Cost of Living in Mission Viejo

The median home value in Mission Viejo is $946,300 — 210% above the national median of $305,000. Median rent runs $2,713/month, 106% higher than the national median of $1,314/month. The median household income of $136,071/year is 82% higher than the US median of $74,580. The local unemployment rate is 4.5%, 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, Mission Viejo has a cost of living index of 269 versus the US average of 100, meaning it is 169% more expensive.

🏠 Housing

Median Home Value
$946,300
210% above avg
Zillow Home Value
$1,200,041
Zillow ZHVI
Median Rent
$2,713/mo
106% above avg
Zillow Rent
$3,096/mo
Zillow ZORI
Price-to-Rent Ratio
29.1x
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 77.5%
Renter-occupied 22.5%

💰 Estimated Monthly Budget

Rent median rent
$2,713
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,327/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
29.6 min
10% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.0%

Commute Mode

Drove alone
69.8%
Carpooled
6.4%
Public transit
0.5%
Walked
1.5%
Bicycle
0.2%
Work from home
20.0%

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
$136,071
82% above avg
Per Capita Income
$60,816
Unemployment Rate
4.5%
7% below avg
Poverty Rate
5.0%
Labor Force Participation
63.1%

🎓 Education

Bachelor's degree+ 32.1%
Graduate degree 19.0%

👥 Demographics

Median Age 46.1
Male median age 44.1
Female median age 47.8

💨 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 Mission Viejo, CA?

Mission Viejo has a cost index of 269 (100 = national average). It is 169% above the national average.

What is average rent in Mission Viejo, CA?

The median gross rent in Mission Viejo is $2,713 per month based on 2023 Census data.

What is the average home price in Mission Viejo?

The median home value in Mission Viejo is $946,300 according to Zillow and Census data.

What is the median income in Mission Viejo?

The median household income in Mission Viejo is $136,071 per year (2023 ACS 5-year estimates).

What is the sales tax in Mission Viejo, CA?

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

Is Mission Viejo, CA affordable?

Mission Viejo is above average in cost of living, with an index of 269 — about 169% higher than the national average.