Palmdale is 42% cheaper than Thousand Oaks.
When comparing Palmdale, CA and Thousand Oaks, CA, the overall cost of living indices are 130 and 226 respectively (national median = 100). Rent is $844/month cheaper in Palmdale, saving renters about $10,128/year.
Median household income is $53,216/year higher in Thousand Oaks. Home values also differ significantly — the median in Palmdale is $435,300 compared to $951,200 in Thousand Oaks.
Both cities share the same state tax structure since they are in California.
Palmdale vs Thousand Oaks — common questions
Other cost of living comparisons for Palmdale and Thousand Oaks