Thousand Oaks

Thousand Oaks, California is a growing city with a population of approximately 123,463. The overall cost of living index sits at 161, which is significantly above the national average of 100. This means everyday expenses — housing, groceries, transportation, and healthcare — are roughly 61% more expensive compared to the typical U.S. city.

Housing is the largest cost driver in Thousand Oaks. Median rent is $3,371 per month, while the median home price is $1,028,113. At a median household income of $134,367, rent consumes roughly 30% of gross income, which represents a moderate housing cost burden. The housing sub-index of 252 highlights significantly elevated shelter costs.

Beyond housing, healthcare is the most elevated non-shelter expense in Thousand Oaks with a sub-index of 166, while utilities is comparatively more affordable at 148. State-level taxes also shape the true cost of living: California applies a 13.30% income tax rate, and property tax averages 0.71% of assessed home value. The combined sales tax rate is 8.85%. Local income tax may apply in some municipalities.

Over the past twelve months, the cost of living in Thousand Oaks has remained relatively stable. Among the 61 tracked cities in California, Thousand Oaks ranks #50 from most to least affordable. Whether you're evaluating a job offer, planning a relocation, or comparing salary purchasing power, these numbers give a grounded, data-backed view of what life in Thousand Oaks actually costs.