According to the most recent data on the cost of living, Lake Elsinore has an overall cost of living index of 119 which is 1.2x higher than the national index of 100.
Compared to only California, Lake Elsinore has a cost of living index that's 0.8x lower than California's index of 140.
The standard of living in Lake Elsinore ranks as #4,738 most affordable out of the 6,418 places we measured in California. By definition, that implies Lake Elsinore ranks as the #1,680 most expensive place in the Golden State.
Living Expense | Lake Elsinore | California | National Average | |
---|---|---|---|---|
Overall | 119 | 140 | 100 | |
Services | 113 | 112 | 100 | |
Groceries | 116 | 113 | 100 | |
Health | 106 | 115 | 100 | |
Housing | 138 | 198 | 100 | |
Transportation | 137 | 134 | 100 | |
Utilities | 91 | 126 | 100 |
Housing swings affordability the most between places in California, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Lake Elsinore | California | United States |
---|---|---|---|
Median Home Value | $366,200 | $538,500 | $229,800 |
Median Rent | $1,501 | $1,586 | $1,096 |
Median Income | $74,490 | $78,672 | $64,994 |
Home Value To Income | 4.9x | 6.8x | 3.5x |
Rent To Monthly Income | 0.24x | 0.24x | 0.2x |
Item | Lake Elsinore | California |
---|---|---|
Shampoo | $1.17 | $1.06 |
Movie | $14.48 | $10.68 |
Bowling | $24.56 | $14.67 |
Item | Lake Elsinore | California |
---|---|---|
Ground Beef | $4.58 | $4.22 |
Fried Chicken | $1.72 | $1.39 |
Milk | $2.19 | $2.05 |
Item | Lake Elsinore | California |
---|---|---|
Haircut | $22.6 | $18.62 |
Beauty Salon | $66.25 | $39.05 |
Toothpaste | $2.48 | $2.34 |
Item | Lake Elsinore | California |
---|---|---|
Potatoes | $2.99 | $3.29 |
Pizza | $11.66 | $10.62 |
Beer | $9.82 | $9.38 |
Optometrist | $106.53 | $108.57 |
Doctor | $100.28 | $116.17 |
Dentist | $114.52 | $99.13 |
Item | Lake Elsinore | California |
---|---|---|
Gasoline | $3.32 | $2.22 |
Tire Balancing | $52.6 | $50.07 |
All Electricity | $138.7 | $167.67 |
Phone | $176.01 | $175.64 |
City | Population | Cost Of Living | Vs. Lake Elsinore |
---|---|---|---|
Corona, CA | 168,112 | 134 | 1.1x |
Murrieta, CA | 114,066 | 130 | 1.1x |
Temecula, CA | 113,117 | 135 | 1.1x |
Lakeland, FL | 110,335 | 90 | 0.8x |
Mission Viejo, CA | 95,638 | 166 | 1.4x |
Menifee, CA | 92,968 | 120 | 1.0x |
Lake Forest, CA | 84,666 | 159 | 1.3x |
Perris, CA | 77,708 | 113 | 0.9x |
Rancho Santa Margarita, CA | 48,280 | 163 | 1.4x |
Wildomar, CA | 36,091 | 123 | 1.0x |