Cost of Living in Topanga, CA

Population 8,781 · California · Data vintage 2023

430
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Topanga's housing market is in a category of its own — median home values around $1.6 million sit roughly 5 times the US figure, reflecting a market driven as much by second-home and resort buyers as by year-round residents. Unemployment has stayed elevated relative to the national figure — 6.8% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 12 miles west of Los Angeles, Topanga falls within that metro's commuting orbit. Median home values run roughly 87% higher than Los Angeles' $880,000.

Cost Overview

Housing 539
Rent 266

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

About the Cost of Living in Topanga

The median home value in Topanga is $1,643,000 — 439% above the national median of $305,000. Median rent runs $3,501/month, 166% higher than the national median of $1,314/month. The median household income of $142,553/year is 91% higher than the US median of $74,580. The local unemployment rate is 6.8%, 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 78.9°F and lows of 54.3°F. Overall, Topanga has a cost of living index of 430 versus the US average of 100, meaning it is 330% more expensive.

🏠 Housing

Median Home Value
$1,643,000
439% above avg
Zillow Home Value
$217,392
Zillow ZHVI
Median Rent
$3,501/mo
166% above avg
Price-to-Rent Ratio
39.1x
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 77.4%
Renter-occupied 22.6%

💰 Estimated Monthly Budget

Rent median rent
$3,501
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $4,115/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
33.2 min
23% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
33.3%

Commute Mode

Drove alone
52.2%
Carpooled
5.7%
Walked
2.1%
Bicycle
0.6%
Work from home
33.3%

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
$142,553
91% above avg
Per Capita Income
$83,967
Unemployment Rate
6.8%
42% above avg
Poverty Rate
6.7%
Labor Force Participation
64.2%

🎓 Education

Bachelor's degree+ 28.2%
Graduate degree 33.4%

👥 Demographics

Median Age 46
Male median age 48.6
Female median age 45.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
78.9°F
Avg Low
54.3°F
Annual Precip
13.4"
40° 55° 70° 85° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 686872757984919390837567
Low °F 464649525660646563574945
Precip" 2.753.792.500.710.290.070.000.010.120.480.751.95

💨 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 Topanga, CA?

Topanga has a cost index of 430 (100 = national average). It is 330% above the national average.

What is average rent in Topanga, CA?

The median gross rent in Topanga is $3,501 per month based on 2023 Census data.

What is the average home price in Topanga?

The median home value in Topanga is $1,643,000 according to Zillow and Census data.

What is the median income in Topanga?

The median household income in Topanga is $142,553 per year (2023 ACS 5-year estimates).

What is the sales tax in Topanga, CA?

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

Is Topanga, CA affordable?

Topanga is above average in cost of living, with an index of 430 — about 330% higher than the national average.

What is the weather like in Topanga?

Topanga has average high temperatures of 78.9°F and average lows of 54.3°F. Annual precipitation is 13.4". Data from NOAA 1991–2020 Climate Normals.

Topanga at a Glance

Population
8,781
Median Income
$142,553
Home Value
$1,643,000
Median Rent
$3,501/mo
Unemployment
6.8%
Avg High Temp
78.9°F
Sales Tax
8.7%
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