Cost of living in Torrance

Torrance, United States is Very expensive overall. Monthly costs are about $2984 for one person and $7371 for a family of four, including rent.

How expensive is Torrance compared to other cities?

Overall living costs in Torrance are 109% more expensive than the European benchmark.

How does Torrance compare to your city?

Torrance is 37% cheaper than New York City, without rent.

Rent in Torrance is, on average, 20% lower than in New York City.

What drives the cost of living in Torrance?

Who is Torrance a good fit for?

Torrance is a better match for people who prioritize lifestyle benefits and can afford the premium driven by rent & utilities and food. For most moderate-income households, housing costs are the main barrier.

FAQ

Why is Torrance so expensive?

The high costs are primarily driven by rent & utilities, which significantly impact overall living expenses.

Is food expensive in Torrance?

Yes, food costs are 43% higher than the European benchmark, contributing to the overall expense.

Is public transport affordable in Torrance?

Public transport is relatively affordable, being 26% lower than the European benchmark.

Cost of living breakdown

Cost of Living, one person, including rent
2984 $
Without Rent
896 $
Rent & Utilities
2088 $
Food
683 $
Transport
55 $
Monthly Salary, after tax
5976 $
GDP per Capita
81,695 $
Freedom Index
8.39
Lifespan
77 years
Speak English
96%
Population
147.0K

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Update Prices

Restaurants

Lunch menu, inexpensive restaurant 20.1 $
Dinner 78.2 $
Fast food, McDonalds or KFC 12.1 $
Beer, 0.5 L or 16 fl oz 7.01 $
Capuccino 5.37 $
Coke, 330ml 2.82 $

Compare Torrance with:

Markets

Milk, 1 L or 1 qt 1.21 $
Bread, 0.5 kg or 1 lb 5.06 $
Rice, 1 kg or 2 lb 5.13 $
Eggs, 12 pack 4.13 $
Cheese, 1 kg or 2 lb 14 $
Chicken Breast, 1 kg or 2 lb 16.3 $
Round Steak, 1 kg or 2 lb 16.9 $
Apples, 1 kg or 2 lb 4.4 $
Banana, 1 kg or 2 lb 2.33 $
Oranges, 1 kg or 2 lb 3.76 $
Tomato, 1 kg or 2 lb 5.17 $
Potato, 1 kg or 2.2 lb 2.99 $
Onion, 1 kg or 2.2 lb 2.63 $
Water, 1 L or 1 qt 1.32 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.26 $
Wine, 750 mL bottle 12.1 $
Beer, 0.5 L or 16 fl oz 2.58 $
Cigarette pack 11 $

Transportation

One-way Ticket 1.39 $
Monthly Pass 50.4 $
Gas or Petrol, 1l or 0.26 gal 1.27 $
Taxi, 8 km 16.5 $

Personal Care

Doctor Visit, private clinic 114 $
Cold medicine, for 1 week 8.88 $
Hair Shampoo, 400 ml or 12 oz. 7.36 $
Toilet paper, 4 rolls 4.3 $
Toothpaste, 1 tube 1.93 $

Utilities per Month

1 person, electricity, heating, water & garbage 114 $
Family of 4, electricity, heating, water & garbage 174 $
Internet plan, +60 Mbps 60.6 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 1,885 $
3 Bedroom Apartment, outside of center, 85 sq.m 4,155 $
1 Bedroom Apartment, in city center, 40 sq.m 2,026 $
3 Bedroom Apartment, in city center, 85 sq.m 4,124 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 7,656 $
Price per Square Meter to Buy House, in suburbs 7,526 $

Salaries and Financing

Average Monthly Net Salary, after tax 5,976 $
Mortgage Interest Rate, for 20 years fixed-rate 6.59%

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 65.4 $
Cinema, 1 seat 14 $
Haircut 19 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 78 $
Brand Jeans, Levis 501 59.3 $

Childcare

Preschool, full day, monthly for 1 child 1,064 $
International Primary School, yearly for 1 child 28,742 $

Compare Torrance with other top cities

Cayman Islands
Torrance vs George Town (George Town is 22% more expensive)
Bahamas
Torrance vs Nassau (Nassau is 8% less expensive) Torrance vs Freeport (Freeport is 26% less expensive)
Vanuatu
Torrance vs Port Vila (Port Vila is 21% less expensive) Torrance vs Luganville (Luganville is 2% more expensive)
United States
Torrance vs New York City (New York City is 36% more expensive) Torrance vs Los Angeles (Los Angeles is 7% more expensive) Torrance vs Chicago (Chicago is 11% less expensive) Torrance vs Houston (Houston is 25% less expensive) Torrance vs Phoenix (Phoenix is 21% less expensive) Torrance vs Philadelphia (Philadelphia is 15% less expensive) Torrance vs San Antonio (San Antonio is 26% less expensive) Torrance vs San Diego (San Diego is 12% more expensive) Torrance vs Dallas (Dallas is 15% less expensive) Torrance vs San Jose (San Jose is 23% more expensive)
Canada
Torrance vs Toronto (Toronto is 14% less expensive) Torrance vs Montreal (Montreal is 35% less expensive) Torrance vs Calgary (Calgary is 28% less expensive) Torrance vs Ottawa (Ottawa is 25% less expensive) Torrance vs Edmonton (Edmonton is 40% less expensive) Torrance vs Winnipeg (Winnipeg is 41% less expensive) Torrance vs Mississauga (Mississauga is 17% less expensive) Torrance vs Vancouver (Vancouver is 11% less expensive) Torrance vs Brampton (Brampton is 29% less expensive) Torrance vs Hamilton (Hamilton is 28% less expensive)
Barbados
Torrance vs Bridgetown (Bridgetown is 54% less expensive) Torrance vs Holetown (Holetown is 53% less expensive)
Panama
Torrance vs Panama City (Panama City is 54% less expensive) Torrance vs Colon (Colon is 60% less expensive) Torrance vs Tocumen (Tocumen is 59% less expensive) Torrance vs Santiago de Veraguas (Santiago de Veraguas is 65% less expensive) Torrance vs David (David is 72% less expensive) Torrance vs La Chorrera (La Chorrera is 68% less expensive) Torrance vs Balboa (Balboa is 58% less expensive) Torrance vs Pacora (Pacora is 58% less expensive) Torrance vs Chitre (Chitre is 63% less expensive) Torrance vs Penonome (Penonome is 63% less expensive)
Saint Kitts And Nevis
Torrance vs Basseterre (Basseterre is 58% less expensive) Torrance vs Cayon (Cayon is 58% less expensive)
Cuba
Torrance vs Havana (Havana is 66% less expensive) Torrance vs Santiago de Cuba (Santiago de Cuba is 53% less expensive) Torrance vs Holguin (Holguin is 57% less expensive) Torrance vs Camaguey (Camaguey is 49% less expensive) Torrance vs Santa Clara (Santa Clara is 65% less expensive) Torrance vs Bayamo (Bayamo is 61% less expensive) Torrance vs Guantanamo (Guantanamo is 48% less expensive) Torrance vs Las Tunas (Las Tunas is 48% less expensive) Torrance vs Pinar del Rio (Pinar del Rio is 63% less expensive) Torrance vs Cienfuegos (Cienfuegos is 71% less expensive)
Costa Rica
Torrance vs San Jose (San Jose is 58% less expensive) Torrance vs Limon (Limon is 60% less expensive) Torrance vs Liberia (Liberia is 70% less expensive) Torrance vs Alajuela (Alajuela is 59% less expensive) Torrance vs Puntarenas (Puntarenas is 57% less expensive) Torrance vs Cartago (Cartago is 68% less expensive) Torrance vs Heredia (Heredia is 58% less expensive) Torrance vs Tamarindo (Tamarindo is 43% less expensive) Torrance vs Santa Teresa (Santa Teresa is 56% less expensive)
Saint Lucia
Torrance vs Castries (Castries is 61% less expensive) Torrance vs Vieux Fort (Vieux Fort is 60% less expensive)
Jamaica
Torrance vs Kingston (Kingston is 56% less expensive) Torrance vs Spanish Town (Spanish Town is 74% less expensive) Torrance vs Montego Bay (Montego Bay is 66% less expensive) Torrance vs Half Way Tree (Half Way Tree is 61% less expensive) Torrance vs May Pen (May Pen is 72% less expensive) Torrance vs Mandeville (Mandeville is 67% less expensive) Torrance vs Old Harbour (Old Harbour is 72% less expensive) Torrance vs Linstead (Linstead is 65% less expensive) Torrance vs Savanna-la-Mar (Savanna-la-Mar is 62% less expensive) Torrance vs Port Antonio (Port Antonio is 62% less expensive)
El Salvador
Torrance vs San Salvador (San Salvador is 60% less expensive) Torrance vs Santa Ana (Santa Ana is 76% less expensive) Torrance vs Soyapango (Soyapango is 61% less expensive) Torrance vs San Miguel (San Miguel is 64% less expensive) Torrance vs Mejicanos (Mejicanos is 61% less expensive) Torrance vs Apopa (Apopa is 62% less expensive) Torrance vs Santa Tecla (Santa Tecla is 60% less expensive) Torrance vs Ahuachapan (Ahuachapan is 51% less expensive) Torrance vs Usulutan (Usulutan is 64% less expensive) Torrance vs Sonsonate (Sonsonate is 70% less expensive)
Antigua And Barbuda
Torrance vs St. John's (St. John's is 64% less expensive) Torrance vs All Saints (All Saints is 64% less expensive)
Grenada
Torrance vs St. George's (St. George's is 64% less expensive) Torrance vs Grenville (Grenville is 64% less expensive)
Dominica
Torrance vs Roseau (Roseau is 66% less expensive) Torrance vs Portsmouth (Portsmouth is 62% less expensive)
Saint Vincent
Torrance vs Kingstown (Kingstown is 67% less expensive) Torrance vs Georgetown (Georgetown is 66% less expensive)
Belize
Torrance vs Belize City (Belize City is 71% less expensive) Torrance vs San Ignacio (San Ignacio is 63% less expensive) Torrance vs Belmopan (Belmopan is 76% less expensive) Torrance vs San Pedro Town (San Pedro Town is 55% less expensive) Torrance vs Caye Caulker (Caye Caulker is 47% less expensive)
Guatemala
Torrance vs Guatemala City (Guatemala City is 66% less expensive) Torrance vs Mixco (Mixco is 79% less expensive) Torrance vs Coban (Coban is 69% less expensive) Torrance vs Quetzaltenango (Quetzaltenango is 74% less expensive) Torrance vs Jalapa (Jalapa is 70% less expensive) Torrance vs San Miguel Petapa (San Miguel Petapa is 70% less expensive) Torrance vs Momostenango (Momostenango is 71% less expensive) Torrance vs Mazatenango (Mazatenango is 71% less expensive) Torrance vs Flores (Flores is 71% less expensive) Torrance vs Panajachel (Panajachel is 73% less expensive)
Honduras
Torrance vs Tegucigalpa (Tegucigalpa is 72% less expensive) Torrance vs San Pedro Sula (San Pedro Sula is 65% less expensive) Torrance vs Choloma (Choloma is 80% less expensive) Torrance vs La Ceiba (La Ceiba is 78% less expensive) Torrance vs El Progreso (El Progreso is 70% less expensive) Torrance vs Villanueva (Villanueva is 71% less expensive) Torrance vs Comayagua (Comayagua is 76% less expensive) Torrance vs Puerto Cortes (Puerto Cortes is 76% less expensive) Torrance vs Yoro (Yoro is 75% less expensive) Torrance vs La Lima (La Lima is 71% less expensive)
Dominican Republic
Torrance vs Santiago de los Caballeros (Santiago de los Caballeros is 73% less expensive) Torrance vs Santo Domingo (Santo Domingo is 65% less expensive) Torrance vs Puerto Plata (Puerto Plata is 74% less expensive) Torrance vs Higuey (Higuey is 74% less expensive) Torrance vs La Vega (La Vega is 81% less expensive) Torrance vs San Cristobal (San Cristobal is 72% less expensive) Torrance vs San Pedro de Macoris (San Pedro de Macoris is 76% less expensive) Torrance vs San Francisco de Macoris (San Francisco de Macoris is 82% less expensive) Torrance vs San Juan de la Maguana (San Juan de la Maguana is 79% less expensive) Torrance vs Bonao (Bonao is 82% less expensive)
Nicaragua
Torrance vs Managua (Managua is 74% less expensive) Torrance vs Leon (Leon is 79% less expensive) Torrance vs Masaya (Masaya is 76% less expensive) Torrance vs Matagalpa (Matagalpa is 82% less expensive) Torrance vs Chinandega (Chinandega is 79% less expensive) Torrance vs Esteli (Esteli is 80% less expensive) Torrance vs Granada (Granada is 77% less expensive) Torrance vs Jinotega (Jinotega is 85% less expensive) Torrance vs Juigalpa (Juigalpa is 78% less expensive) Torrance vs San Juan del Sur (San Juan del Sur is 70% less expensive)