Cost of Living in La Selva Beach, CA

With a cost of living index of 244, La Selva Beach, CA is one of the most expensive cities in the United States. Living here is 144% more expensive than the national average and 100% above the California state average of 144. La Selva Beach is a small community of 2,519 residents.

Housing costs are the biggest factor in La Selva Beach's cost of living. The median monthly rent is $3,501 (165% above the US median of $1,319), and the median home value sits at $1,195,100 (292% above the national median of $304,900). At current prices, the median home costs roughly 7.5x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in La Selva Beach is $159,094, which is 112% higher than the national median of $75,149. Residents spend roughly 26% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. While incomes are above average, they do not fully offset the higher cost of living.

Climate is another factor for anyone considering a move to La Selva Beach. The area sees an average annual temperature of 57.2°F, with summers averaging 62°F and winters around 51°F. Annual rainfall totals 22.4 inches spread over roughly 68 days.

Everyday prices in the Santa Cruz-Watsonville, CA (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 6 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.