Zip 90504 (Torrance, CA) Cost of Living


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Torrance cost of living score
161.7
More expensive
61.7% higher
than the US average
7.9% higher
than the California average
Torrance (zip 90504), California gets a BestPlaces Cost of Living score of 161.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 61.7% higher than the U.S. average and 7.9% lower than the average for California.

Zip 90504 (Torrance, CA)

Housing costs in Torrance?
A typical home costs $926,600, which is 174.1% more expensive than the national average of $338,100 and 26.3% more expensive than the average California home, at $733,500. Renting a two-bedroom unit in Torrance costs $2,250 per month, which is 4.7% more than the national average of $2,150 and 2.2% cheaper than the state average of $2,300.

Can I afford Torrance?
To live comfortably in Torrance (zip 90504), California, a minimum annual income of $177,480 for a family, and $70,800 for a single person is recommended.

What does A.I. say about Torrance?
equestId:c611e633-04b1-4982-aeb1-76d851c8e7f0,resource:content,data:[{id:txt_3a45c475724c480aa8ddfeec6d4676f5,text:\n \nLiving in 90504 Torrance, CA is quite affordable. The median home price is $721,600, which is significantly less than the national average. Renters have plenty of options as well, with median monthly rent being just $2,092. Transportation costs are also more affordable here than most places in California - a monthly transit pass only costs about $70. Groceries and other necessary items can be purchased from local stores at reasonable prices. Overall, living in 90504 Torrance, CA is an economical choice for those looking for a place to call home.
   Cost of living score
     CategoriesTorranceCaliforniaUnited States
  161.7149.9100.0
  103.8105.1100
  90.298.3100.0
  297.4234.8100.0
  $926,600$733,500$338,100
  91.7%102.4%100.0%
  151.4133.1100.0
  133.2118.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime