Cost of living in Elverta 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 Elverta 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 Elverta is 120, with 100 being the average.
The cost of living index in Elverta is 1.2x higher than the national average.
Elverta ranks as the #193 cheapest in California out of 635.
Elverta ranks as the #4,798 cheapest out of 6,412 in the US.
The median home value in Elverta is $378,800.
The median income in Elverta is $86,685.
According to the most recent data on the cost of living, Elverta has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to California, Elverta has a cost of living index that's 0.9x lower than California's index of 139.
The standard of living in Elverta ranks as #193 most affordable out of the 635 places we measured in California. By definition, that implies Elverta ranks as the #442 most expensive place in the Golden State.
For more reading on life in Elverta, check out:
Six factors go into calculating the cost of living index in Elverta. Here is how it fairs on each of the criteria:
The Services index in Elverta is 117.
The Groceries index in Elverta is 106.
The Health index in Elverta is 120.
The Housing index in Elverta is 132.
The Transportation index in Elverta is 134.
The Utilities index in Elverta is 109.
Living Expense | Elverta | California | National Average | |
---|---|---|---|---|
Overall | 120 | 139 | 100 | |
Services | 117 | 110 | 100 | |
Groceries | 106 | 112 | 100 | |
Health | 120 | 109 | 100 | |
Housing | 132 | 204 | 100 | |
Transportation | 134 | 126 | 100 | |
Utilities | 109 | 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 Elverta is $378,800.
The Median Rent in Elverta is $1,458.
The Median Income in Elverta is $86,685.
The Home Value To Income in Elverta is 4.4x.
The Rent To Monthly Income in Elverta is 0.2x.
Statistic | Elverta | California | United States |
---|---|---|---|
Median Home Value | $378,800 | $573,200 | $244,900 |
Median Rent | $1,458 | $1,698 | $1,163 |
Median Income | $86,685 | $84,097 | $69,021 |
Home Value To Income | 4.4x | 6.8x | 3.5x |
Rent To Monthly Income | 0.2x | 0.24x | 0.2x |
Item | Elverta | 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 | Elverta | 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 | Elverta | California |
---|---|---|
Optometrist | $148.5 | $108.57 |
Doctor | $194.75 | $116.17 |
Dentist | $94.8 | $99.13 |
Item | Elverta | California |
---|---|---|
Gasoline | $3.24 | $2.22 |
Tire Balancing | $51.87 | $50.07 |
Item | Elverta | California |
---|---|---|
All Electricity | $192.37 | $167.67 |
Phone | $186.51 | $175.64 |
The cost of living varies in the cities and towns around Elverta. Here's a quick look at the cost of living in the most populous nearby places:
Sacramento, CA has a cost of living index of 120, 1.0x Elverta.
Roseville, CA has a cost of living index of 134, 1.1x Elverta.
Arden-Arcade, CA has a cost of living index of 126, 1.1x Elverta.
City | Population | Cost Of Living | Vs. Elverta |
---|---|---|---|
Sacramento, CA | 518,605 | 120 | 1.0x |
Roseville, CA | 145,687 | 134 | 1.1x |
Arden-Arcade, CA | 95,909 | 126 | 1.1x |
Citrus Heights, CA | 87,521 | 117 | 1.0x |
Folsom, CA | 79,201 | 144 | 1.2x |
Carmichael, CA | 77,358 | 124 | 1.0x |
Rocklin, CA | 70,317 | 137 | 1.1x |
Davis, CA | 67,208 | 159 | 1.3x |
North Highlands, CA | 48,424 | 109 | 0.9x |
Antelope, CA | 48,421 | 125 | 1.0x |