Cost of Living in Mission Hills, CA

With a cost of living index of 133, Mission Hills, CA is a notably expensive place to live. Living here is 33% more expensive than the national average and 11% below the California state average of 144. Mission Hills is a small community of 3,794 residents.

Housing costs are the biggest factor in Mission Hills's cost of living. The median monthly rent is $1,783 (35% above the US median of $1,319), and the median home value sits at $477,800 (57% above the national median of $304,900). At current prices, the median home costs roughly 4.5x the median household income — a moderately affordable ratio by today's standards.

The median household income in Mission Hills is $106,455, which is 42% higher than the national median of $75,149. Residents spend roughly 20% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. While incomes are above average, they more than offset the higher cost of living.

Climate is another factor for anyone considering a move to Mission Hills. 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.