Cost of Living in Long Beach, CA
Long Beach has a cost of living index of 148 (100 = national average), making it significantly more expensive than the national average. The median household income is $62,304 and the median home price is $780,000.
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Long Beach at a Glance
Population
466,742
Cost of Living Index
148
Median Income
$62,304
Median Home Price
$780,000
Property Tax Rate
0.72%
Sales Tax Rate
10.25%
Rent Index
148
State
California
Living in Long Beach
Long Beach is one of the more expensive cities in the United States. Housing costs are a major factor, with the median home price at $780,000. However, the median household income of $62,304 partially offsets the higher costs.
The combined sales tax rate in Long Beach is 10.25%, and the effective property tax rate is 0.72%. Property taxes are relatively low compared to the national average.