Zip 90504 (Torrance, CA) Cost of Living


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How much do I need to live in Torrance, California?
$14,790 / month
for a family, 173.9% more expensive than the national average A total of $177,480 for the year for a family.
$5,900 / month
for a single person, 23.8% more expensive than the national average A total of $70,800 for the year for a single person.

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
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTorranceCaliforniaUnited States
    Unlock149.9100.0
  103.8  Unlock100.0
    Unlock98.3100.0
  297.4  Unlock100.0
    Unlock$733,500$338,100
  91.7  Unlock100.0
    Unlock133.1100.0
  133.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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