Cost of Living in Westlake Village, CA
Population 7,829 · California · Data vintage 2023
(100 = US avg)
Housing in Westlake Village sits 298% above the national median — $1.2 million for the typical home — but median household incomes near $174,069 (133% above the US figure) soften the blow that similar pricing creates in lower-wage metros.
Geographically, Westlake Village sits roughly 5 miles southeast of Thousand Oaks. Median home values run roughly 28% higher than Thousand Oaks' $951,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Westlake Village
The median home value in Westlake Village is $1,212,800 — 298% 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 $174,069/year is 133% higher than the US median of $74,580. The local unemployment rate is 3.4%, 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, Westlake Village has a cost of living index of 345 versus the US average of 100, meaning it is 245% more expensive.
Westlake Village has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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 Westlake Village, CA?
Westlake Village has a cost index of 345 (100 = national average). It is 245% above the national average.
What is average rent in Westlake Village, CA?
The median gross rent in Westlake Village is $3,501 per month based on 2023 Census data.
What is the average home price in Westlake Village?
The median home value in Westlake Village is $1,212,800 according to Zillow and Census data.
What is the median income in Westlake Village?
The median household income in Westlake Village is $174,069 per year (2023 ACS 5-year estimates).
What is the sales tax in Westlake Village, CA?
The combined state and local sales tax rate in Westlake Village is 8.7%. The California state income tax top rate is 13.3%.
Is Westlake Village, CA affordable?
Westlake Village is above average in cost of living, with an index of 345 — about 245% higher than the national average.
Westlake Village at a Glance
- Population
- 7,829
- Median Income
- $174,069
- Home Value
- $1,212,800
- Median Rent
- $3,501/mo
- Unemployment
- 3.4%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
California Rankings
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