Cost of living in Canoga Park
Canoga Park, located in the San Fernando Valley region of Los Angeles, California, offers a unique blend of suburban and urban living. Understanding the cost of living in Canoga Park is crucial for anyone considering moving to or residing in this vibrant community.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to housing and transportation, helping you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $40.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $6.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer is $5, imported beer $7.5, cappuccino $5, and Coke/Pepsi $2.
Grocery Prices
- Milk - Milk is priced at $1.72 per liter.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs $3.86.
- Eggs (Dozen) - A dozen eggs cost $8.
- Fruits (e.g., Apples, Oranges) - Apples cost $7.72 per kg, while oranges are $6.61 per kg.
- Vegetables (e.g., Lettuce, Tomatoes, Onions) - Lettuce costs $3 per head, tomatoes $9.92 per kg, and onions $7.72 per kg.
Transportation
- Public Transport (Monthly Pass) - A monthly pass for local transport costs $49.95.
- Fuel (Gasoline) - Gasoline is priced at $1.72 per liter.
- Taxi Fares - Taxi fares start at $3, with a cost of $1.55 per km and $25 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $1200.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1200.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $3000.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $2900.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost $80.
- Internet - A mobile phone plan with calls and 10GB+ data costs $30.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Canoga Park offers a moderate cost of living with reasonable prices for dining and groceries.
Housing costs are relatively high, especially for larger apartments in the city centre.
Transportation is affordable, with competitive prices for public transport and fuel.
Conclusion
In conclusion, Canoga Park presents a balanced cost of living with affordable dining and transportation options, though housing can be a significant expense.
Prospective residents should budget carefully for housing and utilities while enjoying the diverse amenities the area has to offer.