Simi Valley is 20% cheaper than Berkeley.
When comparing Simi Valley, CA and Berkeley, CA, the overall cost of living indices are 200 and 251 respectively (national median = 100). Rent is $386/month cheaper in Berkeley, saving renters about $4,632/year.
Median household income is $9,145/year higher in Simi Valley. Home values also differ significantly — the median in Simi Valley is $753,500 compared to $1,351,100 in Berkeley.
Both cities share the same state tax structure since they are in California.
Simi Valley vs Berkeley — common questions
Other cost of living comparisons for Simi Valley and Berkeley