salaryRent here is among the highest 10% in the country. Household incomes are higher than in 95% of U.S. cities. A typical house costs about 11.1 years of household income, so buying is hard for most locals. It is a highly educated city: 76% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $130,760 a year. That is $63 an hour at a full-time job.
Is rent cheaper than other California cities?
No. Rent here is more expensive than in most of California. It is number 547 of 653 cities from cheapest to most expensive.
How much do households earn in Hermosa Beach?
Share of households by yearly income. 61.2% of households earn $100,000 or more.
Rent by apartment size in Hermosa Beach
| Size | Hermosa Beach | U.S. average |
|---|---|---|
| Studio | $2,631 | $1,338 |
| 1 bedroom | $2,619 | $1,324 |
| 2 bedrooms | $3,443 | $1,509 |
| 3 bedrooms | $3,500+ | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Hermosa Beach overall?
Everyday prices in California overall are 11% above the U.S. average (index 110.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Hermosa Beach, so the California figure is shown.
Taxes and bills in Hermosa Beach
Life in Hermosa Beach
Is it cheaper to rent or buy in Hermosa Beach?
Renting is cheaper right now: about $10,608 a month less.
Owning assumes a typical $2,000,000+ home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $200,000 for the down payment.
Frequently asked questions
What is the average rent in Hermosa Beach, CA?
Renting in Hermosa Beach costs a median of about $3,269 a month in 2026, including utilities. The California median is $2,357.
How much do I need to make to live in Hermosa Beach?
To keep rent under 30% of income, you need about $130,760 a year, or $63 an hour at a full-time job.
Is Hermosa Beach cheap or expensive?
Hermosa Beach is rated OK: rent takes 21.9% of the typical household income of $179,508. It ranks 547th cheapest of 653 California cities we track.
How much are property taxes in Hermosa Beach?
The median homeowner in Hermosa Beach pays $10,000+ a year in property taxes, about 0.50% of the median home value.
Is Hermosa Beach more expensive than the national average?
Overall prices in California are 11% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Hermosa Beach?
The median home value in Hermosa Beach is $2,000,000+, about 11.1 times the typical yearly household income.
19,063 people live in Hermosa Beach. Numbers are typical (middle) values.