Torrance, California gets a BestPlaces Cost of Living index of 161.7, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 61.7 percent higher than the U.S. average and 7.9 percent lower than the average for California.
A typical home costs $1,038,700, which is 207.2 percent more expensive than the national average of $338,100 and 41.6 percent more expensive than the average California home, at $733,500. Renting a two-bedroom unit in Torrance costs $2,510 per month, which is 75.5 percent more than the national average of $1,430 and 14.3 percent more than the state average of $2,150.
To live comfortably in Torrance, California, a minimum annual income of $199,080 for a family, and $78,800 for a single person is recommended.
Our cost of living indices are based on a US average of 100. An amount below 100 means Torrance is cheaper than the US average. A cost of living index above 100 means Torrance, California is more expensive.
Torrance cost of living is 161.7