Cost of Living in Val Verde, CA

Population 3,074 · California · Data vintage 2023

154
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Val Verde is a smaller California community of around 3000 residents, where median household incomes of $109,543 and housing costs ($526,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Unemployment has stayed elevated relative to the national figure — 6.0% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 10 miles west of Santa Clarita, Val Verde falls within that metro's commuting orbit. Median home values run roughly 27% lower than Santa Clarita's $721,000.

Cost Overview

Housing 172
Rent 126

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

About the Cost of Living in Val Verde

The median home value in Val Verde is $526,000 — 72% above the national median of $305,000. Median rent runs $1,661/month, 26% higher than the national median of $1,314/month. The median household income of $109,543/year is 47% higher than the US median of $74,580. The local unemployment rate is 6.0%, 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%. Overall, Val Verde has a cost of living index of 154 versus the US average of 100, meaning it is 54% more expensive.

🏠 Housing

Median Home Value
$526,000
72% above avg
Median Rent
$1,661/mo
26% above avg
Price-to-Rent Ratio
26.4x
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 80.3%
Renter-occupied 19.7%

💰 Estimated Monthly Budget

Rent median rent
$1,661
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,275/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
30.4 min
13% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.4%

Commute Mode

Drove alone
73.6%
Carpooled
17.3%
Public transit
1.4%
Work from home
7.4%

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
$109,543
47% above avg
Per Capita Income
$33,378
Unemployment Rate
6.0%
25% above avg
Poverty Rate
5.7%
Labor Force Participation
67.3%

🎓 Education

Bachelor's degree+ 14.2%
Graduate degree 5.1%

👥 Demographics

Median Age 35.4
Male median age 33.7
Female median age 38.3

💨 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 Val Verde, CA?

Val Verde has a cost index of 154 (100 = national average). It is 54% above the national average.

What is average rent in Val Verde, CA?

The median gross rent in Val Verde is $1,661 per month based on 2023 Census data.

What is the average home price in Val Verde?

The median home value in Val Verde is $526,000 according to 2023 Census ACS data.

What is the median income in Val Verde?

The median household income in Val Verde is $109,543 per year (2023 ACS 5-year estimates).

What is the sales tax in Val Verde, CA?

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

Is Val Verde, CA affordable?

Val Verde is above average in cost of living, with an index of 154 — about 54% higher than the national average.

Val Verde at a Glance

Population
3,074
Median Income
$109,543
Home Value
$526,000
Median Rent
$1,661/mo
Unemployment
6.0%
Sales Tax
8.7%
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Explore county-level cost of living data

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