Cost of Living in Elk grove, CA
Housing
The housing market plays a significant role in determining the cost of living in Elk grove, CA.
- Housing Index: 136.2 / 100
- Median Home Price is: $550,000
- Average Rent (2 BR Apartment): $2511 per month
- Average Rent (2 BR House): $2729 per month
Based on the data provided for Elk grove, CA, we see a housing index of 136.2. This suggests higher housing costs compared to the national average. The median home price of 550000 indicates a significant investment for potential homeowners, while average rents of 2511 for apartments and 2729 for houses could strain monthly budgets. Before deciding to move, consider not just the financial aspects, but also local amenities and job opportunities that can enhance your quality of life. Balance affordability with personal needs for a well-informed decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Elk grove, CA.
- Electricity Price: $32.99 USD (median by state)
- Natural Gas Price: $16.99 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $258 per month
Living in Elk grove, CA could entail higher utility costs. Electricity costs sit at $32.99, while natural gas is priced at $16.99 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $258 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Elk grove is a financially viable option for your relocation.