Cost of living in Hermosa Beach
Hermosa Beach, located in the sunny state of California, is known for its beautiful beaches and vibrant community. Understanding the cost of living in this city is crucial for both current residents and those considering a move.
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 $22 on average, with a range between $16 and $35.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $110, with prices ranging from $60 to $125.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $12, with a range between $10.5 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $6 to $9, imported beer $5 to $10, cappuccino $4 to $8, and Coke/Pepsi $1.5 to $3.5.
Grocery Prices
- Milk - Milk is priced between $0.79 and $2 per liter, averaging $1.04.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.2 and $7.72, with an average price of $3.97.
- Eggs (Dozen) - A dozen eggs range from $2.5 to $7, averaging $3.46.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.76 to $8.82 per kg, while oranges range from $1.65 to $7.72 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.1 and $6.61 per kg, and lettuce costs $1 to $2.99 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.12 and $1.57 per liter.
- Taxi Fares - Taxi fares start at $3.1, with a cost of $1.68 to $3.73 per km and $29.19 to $60 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $4500.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $3900.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $10000.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $8500.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $100 and $350, averaging $187.81.
- Internet - Internet services range from $50 to $75, with an average cost of $73.82.
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"
Hermosa Beach offers a luxurious lifestyle with high living costs, particularly in housing and dining.
While groceries and utilities are relatively moderate, transportation and leisure activities can add up quickly.
Prospective residents should budget carefully, especially for housing, which is significantly above the national average.
Conclusion
In conclusion, Hermosa Beach is an attractive but expensive place to live, with its beautiful beaches and vibrant community.
Potential residents should be prepared for high housing costs and plan their finances accordingly to enjoy all that this coastal city has to offer.