La Mirada, CA vs Simi Valley, CA
La Mirada is moderately more affordable than Simi Valley, with a 7.2% lower cost of living index. La Mirada scores 165 compared to 178 for Simi Valley, where the US average is 100. This difference means residents of Simi Valley can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in La Mirada is $2,052/month compared to $2,513/month in Simi Valley — a 18% difference. Interestingly, home values tell a different story: while La Mirada has cheaper rent, Simi Valley actually has lower median home values ($753,500 vs $763,200).
Median household income in La Mirada is $110,177 compared to $117,703 in Simi Valley (-6.4%). The higher salaries in Simi Valley partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of La Mirada spend roughly 22.3% of their income on rent, less than the 25.6% in Simi Valley.
Climate-wise, both cities share similar average temperatures (66.2°F vs 66.6°F). Simi Valley receives more rainfall at 13.4" per year compared to 11.9" in La Mirada.
Income & Cost
Housing
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Rent by Bedroom Size
HUD Fair Market Rent (FY 2026) — metro area average
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)