Cost of living in Elk Grove research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Elk Grove is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Elk Grove is 133, with 100 being the average.
The cost of living index in Elk Grove is 1.3x higher than the national average.
Elk Grove ranks as the #297 cheapest in California out of 635.
Elk Grove ranks as the #5,359 cheapest out of 6,412 in the US.
The median home value in Elk Grove is $466,600.
The median income in Elk Grove is $106,797.
According to the most recent data on the cost of living, Elk Grove has an overall cost of living index of 133, which is 1.3x higher than the national index of 100.
Compared to California, Elk Grove has a cost of living index that's 1.0x lower than California's index of 139.
The standard of living in Elk Grove ranks as #297 most affordable out of the 635 places we measured in California. By definition, that implies Elk Grove ranks as the #338 most expensive place in the Golden State.
For more reading on life in Elk Grove, check out:
Six factors go into calculating the cost of living index in Elk Grove. Here is how it fairs on each of the criteria:
The Services index in Elk Grove is 117.
The Groceries index in Elk Grove is 109.
The Health index in Elk Grove is 122.
The Housing index in Elk Grove is 167.
The Transportation index in Elk Grove is 131.
The Utilities index in Elk Grove is 107.
Living Expense | Elk Grove | California | National Average | |
---|---|---|---|---|
Overall | 133 | 139 | 100 | |
Services | 117 | 110 | 100 | |
Groceries | 109 | 112 | 100 | |
Health | 122 | 109 | 100 | |
Housing | 167 | 204 | 100 | |
Transportation | 131 | 126 | 100 | |
Utilities | 107 | 124 | 100 |
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Elk Grove is $466,600.
The Median Rent in Elk Grove is $1,898.
The Median Income in Elk Grove is $106,797.
The Home Value To Income in Elk Grove is 4.4x.
The Rent To Monthly Income in Elk Grove is 0.21x.
Statistic | Elk Grove | California | United States |
---|---|---|---|
Median Home Value | $466,600 | $573,200 | $244,900 |
Median Rent | $1,898 | $1,698 | $1,163 |
Median Income | $106,797 | $84,097 | $69,021 |
Home Value To Income | 4.4x | 6.8x | 3.5x |
Rent To Monthly Income | 0.21x | 0.24x | 0.2x |
Item | Elk Grove | California |
---|---|---|
Shampoo | $1.24 | $1.06 |
Movie | $13.93 | $10.68 |
Bowling | $20.08 | $14.67 |
Haircut | $24.02 | $18.62 |
Beauty Salon | $62.28 | $39.05 |
Item | Elk Grove | California |
---|---|---|
Ground Beef | $5.05 | $4.22 |
Fried Chicken | $1.31 | $1.39 |
Milk | $2.66 | $2.05 |
Potatoes | $3.2 | $3.29 |
Pizza | $17.03 | $10.62 |
Beer | $9.52 | $9.38 |
Toothpaste | $2.79 | $2.34 |
Item | Elk Grove | California |
---|---|---|
Optometrist | $148.5 | $108.57 |
Doctor | $194.75 | $116.17 |
Dentist | $94.8 | $99.13 |
Item | Elk Grove | California |
---|---|---|
Gasoline | $3.24 | $2.22 |
Tire Balancing | $51.87 | $50.07 |
Item | Elk Grove | California |
---|---|---|
All Electricity | $192.37 | $167.67 |
Phone | $186.51 | $175.64 |
The cost of living varies in the cities and towns around Elk Grove. Here's a quick look at the cost of living in the most populous nearby places:
Rancho Cordova, CA has a cost of living index of 117, 0.9x Elk Grove.
Florin, CA has a cost of living index of 109, 0.8x Elk Grove.
Vineyard, CA has a cost of living index of 134, 1.0x Elk Grove.
City | Population | Cost Of Living | Vs. Elk Grove |
---|---|---|---|
Rancho Cordova, CA | 78,358 | 117 | 0.9x |
Florin, CA | 51,568 | 109 | 0.8x |
Vineyard, CA | 41,505 | 134 | 1.0x |
Foothill Farms, CA | 37,432 | 111 | 0.8x |
Fair Oaks, CA | 31,750 | 134 | 1.0x |
Rosemont, CA | 24,343 | 117 | 0.9x |
Rio Linda, CA | 17,181 | 113 | 0.8x |
Parkway, CA | 16,091 | 110 | 0.8x |
Lemon Hill, CA | 14,471 | 101 | 0.8x |
La Riviera, CA | 11,723 | 120 | 0.9x |