Cost of Living in Pepperdine University, CA

With a cost of living index of 143, Pepperdine University, CA is one of the most expensive cities in the United States. Living here is 43% more expensive than the national average and in line with the California state average. Pepperdine University is a small community of 2,772 residents.

The median household income in Pepperdine University is $179,868, which is 139% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

Climate is another factor for anyone considering a move to Pepperdine University. The area sees an average annual temperature of 62.8°F, with summers averaging 68°F and winters around 57°F. Annual rainfall totals 13.5 inches spread over roughly 38 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Los Angeles-Long Beach-Anaheim, 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.