Cost of Living in Simi Valley, CA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
207.5
100 = national avg
+107.5 vs national average
Living Wage (1 Adult)
$91,288
per year
Living Wage (Family of 4)
$215,771
per year
Cost Index by Category
Housing312.1
Food140.0
Transportation136.0
Healthcare132.0
Utilities166.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,250
per month
2 Bedroom
$2,693
per month
The overall cost of living index in Simi Valley is 207.5, which is 107.5% above the national average. Housing costs are above the national average at an index of 312.1. A single adult needs to earn approximately $91,288 per year to cover basic expenses.