Cost of Living: Lake elsinore, CA vs Mcallen, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake elsinore | Mcallen |
|---|---|---|
| Housing Index | 120.5 | 85.0 |
| Median Home Price | $535,000 | $243,000 |
| Average Rent (2 BR Apartment) | $2400 | $1100 |
| Average Rent (2 BR House) | $2425 | $1200 |
Housing Comparison: Lake elsinore vs Mcallen
- In Lake elsinore, the median home price is higher at $535,000, while in Mcallen it is $243,000.
- Renting a two-bedroom apartment costs more in Lake elsinore at $2,400 than in Mcallen at $1,100.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lake elsinore | Mcallen |
|---|---|---|
| Electricity Price | $32.99 | $14.47 |
| Natural Gas Price | $16.99 | $26.29 |
| Other Utilities | $280 | $250 |
Utilities Comparison: Lake elsinore vs Mcallen
- Electricity costs are higher in Lake elsinore at $32.99 per kWh, compared to $14.47 in Mcallen.
- Mcallen experiences higher natural gas costs at $26.29 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 Mcallen with $250.