Salary Required

Salary required to live in Santa Monica, CA

Three lifestyle tiers, back-solved from local rent, cost of living, and tax.

Modest

$94,000

Gross, single filer

  • Housing: $3,100/mo
  • Savings: $250/mo
  • Discretionary: $600/mo

Comfortable

$140,000

Gross, single filer

  • Housing: $3,565/mo
  • Savings: $1,200/mo
  • Discretionary: $1,500/mo

Aspirational

$218,000

Gross, single filer

  • Housing: $4,960/mo
  • Savings: $2,500/mo
  • Discretionary: $2,800/mo

Local rent (1-BR)

$3,100/mo

COL index

184

100 = US average

Median home price

$1,500,000