Cost of Living in Redondo Beach, CA

Population 69,814 · California · Data vintage 2023

319
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing prices in Redondo Beach 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.

Located <5 miles northwest of Torrance, Redondo Beach falls within that metro's commuting orbit. Median home values run roughly 18% higher than Torrance's $1 million.

Cost Overview

Housing 402
Rent 195

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

About the Cost of Living in Redondo Beach

The median home value in Redondo Beach is $1,225,400 — 302% above the national median of $305,000. Median rent runs $2,562/month, 95% higher than the national median of $1,314/month. The median household income of $144,588/year is 94% higher than the US median of $74,580. The local unemployment rate is 5.5%, 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 71.9°F and lows of 54.1°F. Overall, Redondo Beach has a cost of living index of 319 versus the US average of 100, meaning it is 219% more expensive.

🏠 Housing

Median Home Value
$1,225,400
302% above avg
Zillow Home Value
$1,473,991
Zillow ZHVI
Median Rent
$2,562/mo
95% above avg
Zillow Rent
$3,522/mo
Zillow ZORI
Price-to-Rent Ratio
39.9x
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 53.4%
Renter-occupied 46.6%

💰 Estimated Monthly Budget

Rent median rent
$2,562
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,176/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
30.3 min
12% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
26.4%

Commute Mode

Drove alone
65.2%
Carpooled
3.9%
Public transit
0.7%
Walked
1.5%
Bicycle
0.6%
Work from home
26.4%

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
$144,588
94% above avg
Per Capita Income
$79,040
Unemployment Rate
5.5%
14% above avg
Poverty Rate
5.0%
Labor Force Participation
71.9%

🎓 Education

Bachelor's degree+ 41.8%
Graduate degree 24.6%

👥 Demographics

Median Age 40.7
Male median age 40.6
Female median age 40.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
71.9°F
Avg Low
54.1°F
Annual Precip
13.6"
Annual Snowfall
0"
40° 50° 60° 70° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 676668707274777878767166
Low °F 474850525559626261575146
Precip" 3.363.661.980.630.260.070.060.000.090.490.802.24

💨 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 Redondo Beach, CA?

Redondo Beach has a cost index of 319 (100 = national average). It is 219% above the national average.

What is average rent in Redondo Beach, CA?

The median gross rent in Redondo Beach is $2,562 per month based on 2023 Census data.

What is the average home price in Redondo Beach?

The median home value in Redondo Beach is $1,225,400 according to Zillow and Census data.

What is the median income in Redondo Beach?

The median household income in Redondo Beach is $144,588 per year (2023 ACS 5-year estimates).

What is the sales tax in Redondo Beach, CA?

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

Is Redondo Beach, CA affordable?

Redondo Beach is above average in cost of living, with an index of 319 — about 219% higher than the national average.

What is the weather like in Redondo Beach?

Redondo Beach has average high temperatures of 71.9°F and average lows of 54.1°F. Annual precipitation is 13.6". Data from NOAA 1991–2020 Climate Normals.

Redondo Beach at a Glance

Population
69,814
Median Income
$144,588
Home Value
$1,225,400
Median Rent
$2,562/mo
Unemployment
5.5%
Avg High Temp
71.9°F
Sales Tax
8.7%
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