Cost of Living in Simi Valley, CA
Simi Valley has a cost of living index of 145 (100 = national average), making it significantly more expensive than the national average. The median household income is $99,875 and the median home price is $850,000.
Compare Locations
Your current annual gross salary
Your current monthly rent or mortgage payment
Select two states and enter your salary to compare costs
Simi Valley at a Glance
Population
126,788
Cost of Living Index
145
Median Income
$99,875
Median Home Price
$850,000
Property Tax Rate
0.73%
Sales Tax Rate
7.50%
Rent Index
140
State
California
Living in Simi Valley
Simi Valley is one of the more expensive cities in the United States. Housing costs are a major factor, with the median home price at $850,000. However, the median household income of $99,875 partially offsets the higher costs.
The combined sales tax rate in Simi Valley is 7.50%, and the effective property tax rate is 0.73%. Property taxes are relatively low compared to the national average.