Salary & Cost of Living in Beverly Hills, CA
Beverly Hills, CA: $62,377 median salary, cost of living index 137.5, $16.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$62,377
$30/hr
Cost of Living
137.5
US avg = 100
Minimum Wage
$16.00
per hour
Unemployment
4.8%
rate
Beverly Hills, CA Overview
Population
32,701
Median Salary
$62,377
Average Salary
$69,862
Avg Commute
18 min
Median Home Price
$639,000
Median Rent
$2,572/mo
Job Growth
+0.6%
Sales Tax
7.25%
Beverly Hills is located in California with a population of 32,701. The median household salary is $62,377 per year ($30/hour), which is $2,993 above the national median of $59,384. The average commute time is 18 minutes, and the city has a job growth rate of +0.6%.
Beverly Hills Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Beverly Hills, CA, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$46,357
$3,863.11/month · $1,782.98/biweekly · Effective Rate: 25.7%
Gross Pay
$62,377
Federal Tax
-$5,447
State Tax
-$5,801
Local Tax
$0
FICA
-$4,772
Net Pay
$46,357
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,198.08 | $62,377.00 |
| Federal Income Tax | -$453.90 | -$5,446.74 |
| California State Tax (9.3%) | -$483.42 | -$5,801.06 |
| Social Security (6.2%) | -$322.28 | -$3,867.37 |
| Medicare (1.45%) | -$75.37 | -$904.47 |
| Net Take-Home Pay | $3,863.11 | $46,357.36 |
Salary Comparison: Beverly Hills vs Other Cities
See how Beverly Hills's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Beverly Hills, CA | $62,377 | 137.5 | $45,365 |
| National Average | $59,384 | 100 | $59,384 |
| Cedar City, UT | $62,384 | 99.6 | $62,635 |
| Freeport, NY | $62,401 | 125.5 | $49,722 |
| Whittier, CA | $62,412 | 151 | $41,332 |
| Cerritos, CA | $62,415 | 144.3 | $43,254 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Beverly Hills
Beverly Hills's cost of living index is 137.5 (national average = 100). Living in Beverly Hills is 37.5% more expensive than the national average.
Median Home Price
$639,000
Median Monthly Rent
$2,572
Annual Rent Cost
$30,864
Your Salary's Purchasing Power
Your $46,357 annual take-home pay in Beverly Hills has the purchasing power of approximately $33,714 in an average-cost US area. You would need to earn $85,768 in Beverly Hills to match a $62,377 salary in an average-cost city.
Top Industries in Beverly Hills
Beverly Hills's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $62,377.
Salary Tips for Beverly Hills Workers
- Negotiate for cost of living. Beverly Hills has a cost of living 37.5% above the national average. When negotiating salary, factor in the higher housing and living costs to ensure your real purchasing power stays competitive.
- Maximize pre-tax deductions. With a 9.3% state income tax rate, maximizing 401(k) contributions (up to $23,500 in 2026) and HSA contributions can significantly reduce both your federal and state tax burden.
- Research top industries. Beverly Hills's top industries include Technology, Entertainment, Agriculture. Targeting roles in these sectors can help you earn above the $62,377 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Explore Salaries Across the US
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Frequently Asked Questions
What is the median salary in Beverly Hills, CA?
The median salary in Beverly Hills, CA is $62,377 per year, or $30 per hour. The average salary is $69,862. This is $2,993 above the national median of $59,384.
What is the cost of living in Beverly Hills, CA?
Beverly Hills's cost of living index is 137.5 (national average = 100), meaning it is 37.5% more expensive compared to the national average. The median home price is $639,000 and the median monthly rent is $2,572.
What are the best industries in Beverly Hills?
The top industries in Beverly Hills, CA include Technology, Entertainment, Agriculture. The city has a job growth rate of 0.6% and an unemployment rate of 4.8%. Workers in these industries often earn above the city's median salary of $62,377.
How does Beverly Hills's salary compare to other cities?
Beverly Hills's median salary of $62,377 is 5.0% above the national median of $59,384. However, when adjusted for cost of living (index: 137.5), the real purchasing power is approximately $45,365.
What is the minimum wage in Beverly Hills, CA?
The minimum wage in Beverly Hills, CA is $16.00 per hour. This equals approximately $33,280 per year for a full-time worker (40 hours/week). This is $8.75 above the federal minimum wage of $7.25/hour.