Home / Compare / Palm Springs vs Simi Valley

Palm Springs, CA vs Simi Valley, CA

129
Palm Springs
California
VS
-27.6%
178
Simi Valley
California

There is a significant gap in the cost of living between these two cities. Palm Springs is 27.6% cheaper than Simi Valley. With a cost index of 129 vs 178, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Palm Springs to Simi Valley should plan for substantially higher expenses across most categories.

On the housing front, median rent in Palm Springs is $1,473/month compared to $2,513/month in Simi Valley — a 41% difference. Home values follow the same pattern: Palm Springs is more affordable at $567,300 median vs $753,500.

Median household income in Palm Springs is $71,979 compared to $117,703 in Simi Valley (-38.8%). While Simi Valley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Palm Springs spend roughly 24.6% of their income on rent, less than the 25.6% in Simi Valley.

Climate-wise, Palm Springs is notably warmer with an average of 75.6°F compared to 66.6°F in Simi Valley. Simi Valley receives more rainfall at 13.4" per year compared to 4.6" in Palm Springs.

Income & Cost

Cost of Living Index
Palm Springs
129
28% cheaper
Simi Valley
178
Median Household Income
Palm Springs
$71,979
Simi Valley
$117,703
39% higher

Housing

Median Rent
Palm Springs
$1,473
41% cheaper
Simi Valley
$2,513
Median Home Value
Palm Springs
$567,300
25% cheaper
Simi Valley
$753,500
Population
Palm Springs
44,998
Simi Valley
125,769

Salary Equivalency Calculator

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Rent by Bedroom Size

HUD Fair Market Rent (FY 2026) — metro area average

Studio
Palm Springs $2,020
Simi Valley $2,042
1% cheaper
1 Bed
Palm Springs $2,148
Simi Valley $2,301
7% cheaper
2 Bed
Palm Springs $2,675
Simi Valley $2,752
3% cheaper
3 Bed
Palm Springs $3,520
Simi Valley $3,726
6% cheaper
4 Bed
Palm Springs $4,178
Simi Valley $4,321
3% cheaper

Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Palm Springs $3.13
Simi Valley $3.22
US $3.07
🥚
Eggs (grade A, large)
Palm Springs $2.55
Simi Valley $2.62
US $2.50
🥛
Milk (whole)
Palm Springs $4.11
Simi Valley $4.22
US $4.03
🍞
Bread (white)
Palm Springs $1.89
Simi Valley $1.94
US $1.85
🍗
Chicken breast
Palm Springs $4.22
Simi Valley $4.35
US $4.14
Electricity
Palm Springs $0.31
Simi Valley $0.26
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Palm Springs 75.6°F
Simi Valley 66.6°F
Summer High
Palm Springs 109°F
Simi Valley 91°F
Winter Low
Palm Springs 48°F
Simi Valley 46°F
Rainfall
Palm Springs 4.6"
Simi Valley 13.4"
Rainy Days
Palm Springs 17d
Simi Valley 34d