Cost of Living in Lake Elsinore, CA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
171.8
100 = national avg
+71.8 vs national average
Living Wage (1 Adult)
$75,590
per year
Living Wage (Family of 4)
$178,667
per year
Cost Index by Category
Housing231.9
Food123.8
Transportation159.8
Healthcare119.0
Utilities140.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,777
per month
2 Bedroom
$2,201
per month
The overall cost of living index in Lake Elsinore is 171.8, which is 71.8% above the national average. Housing costs are above the national average at an index of 231.9. A single adult needs to earn approximately $75,590 per year to cover basic expenses.