Cost of Living in Beverly Hills, CA
Cost of Living in Beverly Hills, CA has an overall index of 520, 420% above the U.S. baseline of 100. The typical home value is $3,580,741; typical monthly rent is $4,400; and median household income is $127,979.
Cost index: committed city housing/rent inputs and BEA 2024 metro-area price parities. Home value: Zillow ZHVI market signal as of 2026-02. Rent: Zillow ZORI market signal as of 2026-02. A place-level signal, not a personal affordability decision or financial recommendation.
Home prices are the main source of pressure. This describes the local market, not your household.
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Other California cities with a useful tradeoff.
Recommendations require usable housing and income data and exclude very small places for a city of this scale.
Frequently asked questions about Beverly Hills
Living in Beverly Hills
Is Beverly Hills, CA an expensive place to live?+
Yes — Beverly Hills is about 420% more expensive than the national average, with an overall Cost Index of 520. Housing is the biggest factor: the typical home here is valued around $3,580,741, and monthly rents average roughly $4,400. Day-to-day costs like groceries and utilities tend to run higher than average as well.
How does Beverly Hills fit a household housing budget?+
Start with housing. Typical monthly rent is $4,400, while local median household income is $127,979. That implies a rent-burden proxy of about 41% before utilities and other costs. Use that as a planning signal for whether the place looks manageable under your own household assumptions.
How much are taxes in Beverly Hills, CA?+
California uses a progressive model; 13.3% is top marginal-rate context. Applying the 0.71% state-level effective owner-occupied proxy to a home worth $3,580,741 gives a planning estimate near $25,423 per year; it is not a city, county, parcel, or individual tax bill. State plus average local sales-tax context is around 8.85%.
How much does it cost to rent in Beverly Hills, CA?+
The typical monthly rent in Beverly Hills is around $4,400. That's about 226% higher than the $1,348 national median. For comparison, the median home value here is $3,580,741, so buyers should also factor in mortgage payments, property taxes, and insurance.
How much does a house cost in Beverly Hills, CA?+
The typical home value in Beverly Hills is $3,580,741. With 20% down and the committed 6.11% national 30-year fixed benchmark as of 2026-03-12, principal and interest are roughly $17,378/month before property tax and insurance. This is a planning estimate, not a local lender quote. About 42% of residents here own their homes.
Are groceries and utilities expensive in Beverly Hills?+
Grocery prices in Beverly Hills are noticeably pricier compared to the rest of the US (index: 107, where 100 is the national average). Utility bills (electricity, gas, water) are on the high side (index: 159). Both add meaningful weight to your monthly budget here.
What is Beverly Hills, CA like to live in?+
Beverly Hills is a smaller city with a population of about 31,955. The median age of residents is 47.7, skewing somewhat older — common in established suburban communities. The local poverty rate is 9.03%, near the national average of 12.4%.