Cost of Living: Lake elsinore, CA vs Lexington, KY

Housing

The housing market plays a significant role in determining the cost of living.

Metric Lake elsinore Lexington
Housing Index 120.5 95.0
Median Home Price $535,000 $275,000
Average Rent (2 BR Apartment) $2400 $1350
Average Rent (2 BR House) $2425 $1360

Housing Comparison: Lake elsinore vs Lexington

  • In Lake elsinore, the median home price is higher at $535,000, while in Lexington it is $275,000.
  • Renting a two-bedroom apartment costs more in Lake elsinore at $2,400 than in Lexington at $1,350.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Lake elsinore Lexington
Electricity Price $32.99 $12.87
Natural Gas Price $16.99 $22.78
Other Utilities $280 $230

Utilities Comparison: Lake elsinore vs Lexington

  • Electricity costs are higher in Lake elsinore at $32.99 per kWh, compared to $12.87 in Lexington.
  • Lexington experiences higher natural gas costs at $22.78 per unit, with costs at $16.99 in Lake elsinore.
  • Other utility costs are higher in Lake elsinore at an average of $280, compared to Lexington with $230.