Paramount, CA vs Phelan, CA
There is a significant gap in the cost of living between these two cities. Phelan is 16.2% cheaper than Paramount. With a cost index of 116 vs 135, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Phelan to Paramount should plan for substantially higher expenses across most categories.
On the housing front, median rent in Paramount is $1,772/month compared to $1,623/month in Phelan — a 9% difference. Home values follow the same pattern: Phelan is more affordable at $357,200 median vs $500,400.
Median household income in Paramount is $70,912 compared to $83,759 in Phelan (-15.3%). Phelan offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Paramount spend roughly 30% of their income on rent, more than the 23.3% in Phelan.
Climate-wise, both cities share similar average temperatures (64.9°F vs 66.8°F). Paramount receives more rainfall at 12" per year compared to 11.6" in Phelan.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
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)