Cost Of Living in Shingle Springs, CA

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	Shingle Springs	California	National
Cost of living	149	140	100
Goods & Services	109	111	100
Groceries	108	112	100
Health care	113	109	100
Housing	238	196	100
Transportation	121	126	100
Utilities	114	127	100

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Cost Of Living Quick Facts

The cost of living in Shingle Springs is 7% higher than the California average
The cost of living in Shingle Springs is 49% higher than the national average
Shingle Springs housing is 138% 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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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	$94,444	$7,870	$2,204	$2,834
Renters	$55,854	$4,655	$1,303	$1,676

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Shingle Springs, CA, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Shingle Springs homeowners, is $94,444. This would allow for a maximum of $2,204 per month to be spent on housing costs. For renters, the median monthly income is $55,854 which would result in a maximum of $1,303 to be spent on rental costs.

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	Shingle Springs	National avg.	Difference
Haircut	$40.00	$24.26	64.9%
Beauty Salon	$60.53	$45.56	32.8%
Toothpaste	$3.67	$3.70	1.0%
Shampoo	$1.44	$1.28	12.5%
Movie	$13.76	$12.13	13.4%
Bowling	$22.22	$18.00	23.5%

Groceries

Item	Shingle Springs	National avg.	Difference
Ground Beef	$5.56	$5.84	4.7%
Fried Chicken	$2.06	$1.57	31.0%
Milk	$4.93	$4.67	5.5%
Potatoes	$4.69	$4.93	5.0%
Pizza	$13.98	$12.09	15.7%
Beer	$10.49	$10.41	0.8%

Health Care

Item	Shingle Springs	National avg.	Difference
Optometrist	$153.50	$125.68	22.1%
Doctor	$201.43	$135.78	48.3%
Dentist	$115.72	$113.29	2.1%
Ibuprofen	$11.03	$10.65	3.5%
Lipitor	$380.45	$468.60	18.8%

Housing

Item	Shingle Springs	National avg.	Difference
Home Price	$534,200.00	$184,700.00	189.2%
Avg. Mortgage Payment	$3,182.68	$2,346.69	35.6%
Apartment Rent	$1,120.00	$949.00	18.0%

Transportation

Item	Shingle Springs	National avg.	Difference
Gasoline	$4.51	$3.46	30.2%
Tire Balancing	$58.67	$59.92	2.1%

Utilities

Item	Shingle Springs	National avg.	Difference
All Electricity	$238.53	$193.99	23.0%
Phone	$190.81	$192.25	0.7%

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.
Cold Springs CDP (Tuolumne County), CA	125	112	11.6%
Cold Springs, CA	675	93	6.5%
River Pines, CA	420	104	3.9%
Plymouth, CA	1,031	120	19.6%
Diamond Springs, CA	11,332	129	29.5%
Shingle Springs, CA	3,710	149	49.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
North El Monte, CA	3,709	175	74.8%
Franklinton, LA	3,709	87	13.3%
L'Islet, QC	3,712	n/a
Hudson, NC	3,713	90	10.4%
Fairview, NJ	3,713	156	56.3%
Shingle Springs, CA	3,710	149	49.5%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Shingle Springs, CA