Cost of Living Calculator - Torrance, California vs Monterey Park, California


The cost of living in Monterey Park, California is 14.1% cheaper than Torrance, California.

You would need a salary of $42,975 in Monterey Park, California to maintain the standard of living you have in Torrance, California.
Comparison highlights
• Overall, Monterey Park, California is cheaper than Torrance, California
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
16% cheaper in Monterey Park
than in Torrance, California
Torrance, CA vs Monterey Park, CA
Compared to Torrance, Monterey Park is:
  Homeowner
      No Child Care, Taxes not Considered
  14.1% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  2.3% lower
  Housing (Homeowner)
  18.8% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  7.6% higher
  Commute
  3.7% higher
  Health
  3.9% lower
  Taxes
  Childcare
  Personal
  1.0% lower

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