Cost of Living in Inverness, CA

F
145%
Overall NAT. AVG.
20%
Goods & Services NAT. AVG.
426%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Inverness California National
Cost of living245140100
Goods & Services120111100
Groceries123112100
Health care125109100
Housing526196100
Transportation132126100
Utilities136127100
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Cost Of Living Quick Facts

  • The cost of living in Inverness is 76% higher than the California average
  • The cost of living in Inverness is 145% higher than the national average
  • Inverness housing is 426% higher than the national average
  • California general sales tax is 42% higher than the national average
  • California state income tax is 61% lower than the national average

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Compare Inverness, CA Cost of Living

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$69,500$5,792$1,622$2,085
      Renters$96,146$8,012$2,243$2,885

      California Sales Tax

      State General Sales Tax With Max Surtax
      California 7.25% 10.5%

      California Income Tax

      State Income Tax (Low) Income Tax (High)
      California 1% 13.3%

      Goods & Services

      Item Inverness National avg. Difference
      Haircut $28.38$24.2617.0%
      Beauty Salon $85.43$45.5687.5%
      Toothpaste $4.09$3.7010.4%
      Shampoo $1.65$1.2829.1%
      Movie $16.02$12.1332.0%
      Bowling $24.01$18.0033.4%

      Groceries

      Item Inverness National avg. Difference
      Ground Beef $6.23$5.846.7%
      Fried Chicken $2.11$1.5734.1%
      Milk $5.18$4.6710.9%
      Potatoes $4.98$4.930.9%
      Pizza $15.74$12.0930.2%
      Beer $11.21$10.417.6%

      Health Care

      Item Inverness National avg. Difference
      Optometrist $159.79$125.6827.1%
      Doctor $174.45$135.7828.5%
      Dentist $155.36$113.2937.1%
      Ibuprofen $11.30$10.656.1%
      Lipitor $498.84$468.606.5%

      Housing

      Item Inverness National avg. Difference
      Home Price $1,207,100.00$184,700.00553.5%
      Avg. Mortgage Payment $7,224.18$2,346.69207.8%
      Apartment Rent $2,158.00$949.00127.4%

      Transportation

      Item Inverness National avg. Difference
      Gasoline $4.63$3.4633.9%
      Tire Balancing $75.33$59.9225.7%

      Utilities

      Item Inverness National avg. Difference
      All Electricity $298.77$193.9954.0%
      Phone $203.63$192.255.9%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Petaluma, CA60,86518282.0%
      Tomales, CA16018786.6%
      Fairfax, CA7,629203103.4%
      Woodacre, CA1,464210110.3%
      Lagunitas-Forest Knolls, CA1,874214113.9%
      Inverness, CA1,497245144.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Antwerp, OH1,4978416.1%
      Union City, OK1,497937.0%
      Aurora, TX1,49711514.5%
      Pipestone, MB1,497n/a 
      Columbine Valley, CO1,498230130.5%
      Inverness, CA1,497245144.9%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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