Cost of Living in Lompoc, CA

With a cost of living index of 121, Lompoc, CA is a notably expensive place to live. Living here is 21% more expensive than the national average and 22% below the California state average of 144. With a population of 43,819, Lompoc is a mid-sized community that balances access to services with a more manageable cost of living compared to larger metros.

Housing costs are the biggest factor in Lompoc's cost of living. The median monthly rent is $1,516 (15% above the US median of $1,319), and the median home value sits at $433,800 (42% above the national median of $304,900). At current prices, the median home costs roughly 6.2x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Lompoc is $70,038, which is 7% lower 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.

Climate is another factor for anyone considering a move to Lompoc. The area sees an average annual temperature of 58.6°F, with summers averaging 63°F and winters around 53°F. Annual rainfall totals 13.3 inches spread over roughly 47 days.

Everyday prices in the Santa Maria-Santa Barbara, 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.