Beverly Hills, CA

Very High · 358

California · Population 31,955 · Updated March 2026

$2,805
Median Rent / Month
$127,979
Median Income
$2,000,001
Median Home Value
$3,260
Owner Costs / Month

Affordability

How far your income goes in Beverly Hills

26.3%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in California

State-level tax rates that affect your costs

13.3%
Income Tax (Top Rate)
7.25%
Sales Tax
0.71%
Property Tax Rate

Estimated Annual Costs

$33,660
Annual Rent
$17,021
State Income Tax
$14,200
Property Tax (est.)

Cost of Living Overview

Beverly Hills has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 358 (where 100 equals the national median), Beverly Hills residents can expect to pay median rent of $2,805/month while earning a median household income of $127,979/year.

The median home value in Beverly Hills, CA is $2,000,001, with typical monthly owner costs around $3,260 including mortgage, insurance, and taxes. With a rent-to-income ratio of 26.3%, Beverly Hills falls within the generally affordable range, though it's approaching the 30% burden threshold.

California's top income tax rate of 13.3% is among the highest in the nation, adding to the overall cost burden. Combined with a 7.25% sales tax rate and 0.71% effective property tax rate, the overall tax environment is a factor in the total cost of living in Beverly Hills.

Frequently Asked Questions

Common questions about living costs in Beverly Hills

What is the cost of living in Beverly Hills, CA?
The cost of living index in Beverly Hills, CA is 358 (US average = 100). Median monthly rent is $2,805, median household income is $127,979/year, and the median home value is $2,000,001.
Is Beverly Hills, CA affordable?
No, Beverly Hills is more expensive than the national average with a cost index of 358. The rent-to-income ratio is 26.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Beverly Hills, CA?
The median gross rent in Beverly Hills, CA is $2,805 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $33,660.
What is the median household income in Beverly Hills?
The median household income in Beverly Hills, CA is $127,979 per year. This compares to the national median of approximately $80,000.
What are the taxes like in California?
California has a top income tax rate of 13.3%, a sales tax of 7.25%, and an effective property tax rate of 0.71%.