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Cost of Living in Calabasas, CA

Population 22,669 · Census ACS 2020–2024 5-year estimates

Median rent$3,089
Median home value$1,504,500
Median household income$165,288

The median rent in Calabasas, CA is $3,089/month, 52% higher than the California median and 119% higher than the U.S. median. The median home value is $1,504,500, 352% higher than the national median. Households earn a median of $165,288 a year, 67% higher than the state median.

Affordability

Rent as a share of median income: 22.4%
Income needed for median rent (30% rule): $123,560/yr
Home price-to-income ratio: 9.1×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $7,608/mo

Run your own numbers: mortgage calculator · hourly to salary

Calabasas vs. California vs. U.S.

CalabasasCaliforniaU.S.
Median rent$3,089$2,036$1,413
Median home value$1,504,500$734,700$332,700
Median household income$165,288$99,122$80,734
Homeownership rate68.5%55.9%65.2%
Bachelor's degree or higher73.3%37.1%35.7%
Poverty rate8.8%12.0%12.5%
Unemployment rate10.6%6.6%5.2%
Work from home23.7%17.2%15.1%
Median age42.837.938.9

FAQ

What is the average rent in Calabasas, CA?

The median gross rent in Calabasas, CA is $3,089 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Calabasas, CA?

Using the common 30% rule, renting a median-priced home takes about $123,560 a year in gross income.

Is Calabasas, CA expensive to live in?

Rent there is 119% higher than the U.S. median, and the median home costs about 9.1 times the median household income.

Other cities in California

Los Angeles, CARent $1,933 · Income $81,939San Diego, CARent $2,313 · Income $108,077San Jose, CARent $2,669 · Income $146,427San Francisco, CARent $2,476 · Income $140,970Fresno, CARent $1,421 · Income $70,991Sacramento, CARent $1,779 · Income $87,321

Cities with a similar cost of living

West Hempstead, NYRent $2,967 · Income $164,127Silver Firs, WARent $2,881 · Income $163,418Kailua CDP (Honolulu County), HIRent $3,093 · Income $148,582East Honolulu, HIRent $3,313 · Income $159,518Hicksville, NYRent $3,113 · Income $144,471Erie, CORent $2,805 · Income $173,349

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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