Cost of Living in Lake Forest, CA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
233.4
100 = national avg
+133.4 vs national average
Living Wage (1 Adult)
$102,698
per year
Living Wage (Family of 4)
$242,742
per year
Cost Index by Category
Housing339.3
Food150.4
Transportation200.8
Healthcare140.3
Utilities178.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,746
per month
2 Bedroom
$3,236
per month
The overall cost of living index in Lake Forest is 233.4, which is 133.4% above the national average. Housing costs are above the national average at an index of 339.3. A single adult needs to earn approximately $102,698 per year to cover basic expenses.