Small City93,076 people

Santa Monica, CA

Discover how far your salary goes in Santa Monica. Compare taxes, rent, and living costs.

Cost Index
207
💰 Expensive
Population

93,076

State Tax

9.3%

1BR Rent

$2,520

/month

vs National

+80%

above avg

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Rent Prices in Santa Monica

🏠

Studio

$2,016

/month

$24,192/year

Most Common
🛏️

1 Bedroom

$2,520

/month

$30,240/year

🏡

2 Bedroom

$3,402

/month

$40,824/year

🏘️

3 Bedroom

$4,410

/month

$52,920/year

Taxes in California

State Income Tax

California

9.3%

For a $100k salary, that's ~$9,300/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Santa Monica, CA?

Santa Monica has a cost of living index of 207, which is 107% above the national average. A 1-bedroom apartment costs around $2,520/month.

What is the state income tax in California?

California has a state income tax rate of approximately 9.3%. This is in addition to federal income tax.

How much is rent in Santa Monica?

The median rent for a 1-bedroom apartment in Santa Monica is $2,520/month. For a 2-bedroom, expect to pay around $3,402/month. This is 80% above the national average.

Is Santa Monica a good place to live?

Santa Monica is a small city with a population of 93,076. The cost of living is expensive, making it more expensive than average for the US.

See the complete picture for Santa Monica

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