Ross, CA vs Westlake Village, CA
There is a significant gap in the cost of living between these two cities. Westlake Village is 26% cheaper than Ross. With a cost index of 245 vs 309, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Westlake Village to Ross should plan for substantially higher expenses across most categories.
On the housing front, median rent in Ross is $3,429/month compared to $3,501/month in Westlake Village — a 2% difference. Interestingly, home values tell a different story: while Ross has cheaper rent, Westlake Village actually has lower median home values ($1,212,800 vs $2,000,001).
Median household income in Ross is $250,001 compared to $174,069 in Westlake Village (+43.6%). While Ross is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ross spend roughly 16.5% of their income on rent, less than the 24.1% in Westlake Village.
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