Cost of Living in Simi Valley, CA
Population 125,769 · California · Data vintage 2023
(100 = US avg)
Simi Valley's housing market reflects its status as a high-earning metro: $754,000 for a typical home, 147% above the US median, paired with household incomes around $117,703 that put it in the upper third of the state.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Simi Valley
The median home value in Simi Valley is $753,500 — 147% above the national median of $305,000. Median rent runs $2,513/month, 91% higher than the national median of $1,314/month. The median household income of $117,703/year is 58% 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, Simi Valley has a cost of living index of 225 versus the US average of 100, meaning it is 125% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Simi Valley, CA?
Simi Valley has a cost index of 225 (100 = national average). It is 125% above the national average.
What is average rent in Simi Valley, CA?
The median gross rent in Simi Valley is $2,513 per month based on 2023 Census data.
What is the average home price in Simi Valley?
The median home value in Simi Valley is $753,500 according to Zillow and Census data.
What is the median income in Simi Valley?
The median household income in Simi Valley is $117,703 per year (2023 ACS 5-year estimates).
What is the sales tax in Simi Valley, CA?
The combined state and local sales tax rate in Simi Valley is 8.7%. The California state income tax top rate is 13.3%.
Is Simi Valley, CA affordable?
Simi Valley is above average in cost of living, with an index of 225 — about 125% higher than the national average.
Simi Valley at a Glance
- Population
- 125,769
- Median Income
- $117,703
- Home Value
- $753,500
- Median Rent
- $2,513/mo
- Unemployment
- 4.5%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
California Rankings
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