Burbank, CA

Very High · 214

California · Population 105,165 · Updated March 2026

$2,089
Median Rent / Month
$95,816
Median Income
$1,041,100
Median Home Value
$2,260
Owner Costs / Month

Affordability

How far your income goes in Burbank

26.2%
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

$25,068
Annual Rent
$12,744
State Income Tax
$7,392
Property Tax (est.)

Cost of Living Overview

Burbank has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 214 (where 100 equals the national median), Burbank residents can expect to pay median rent of $2,089/month while earning a median household income of $95,816/year.

The median home value in Burbank, CA is $1,041,100, with typical monthly owner costs around $2,260 including mortgage, insurance, and taxes. With a rent-to-income ratio of 26.2%, Burbank 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 Burbank.

Frequently Asked Questions

Common questions about living costs in Burbank

What is the cost of living in Burbank, CA?
The cost of living index in Burbank, CA is 214 (US average = 100). Median monthly rent is $2,089, median household income is $95,816/year, and the median home value is $1,041,100.
Is Burbank, CA affordable?
No, Burbank is more expensive than the national average with a cost index of 214. The rent-to-income ratio is 26.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Burbank, CA?
The median gross rent in Burbank, CA is $2,089 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $25,068.
What is the median household income in Burbank?
The median household income in Burbank, CA is $95,816 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%.