Cost of Living in Westlake Village, CA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

283.9

100 = national avg

+183.9 vs national average

Living Wage (1 Adult)

$124,928

per year

Living Wage (Family of 4)

$295,285

per year

Cost Index by Category

Housing
400.0
Food
183.0
Transportation
266.1
Healthcare
166.4
Utilities
200.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,085

per month

2 Bedroom

$2,601

per month

The overall cost of living index in Westlake Village is 283.9, which is 183.9% above the national average. Housing costs are above the national average at an index of 400.0. A single adult needs to earn approximately $124,928 per year to cover basic expenses.