Cost of Living: Lake elsinore, CA vs Woodward, OK

Housing

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

Metric Lake elsinore Woodward
Housing Index 120.5 80.0
Median Home Price $535,000 $190,000
Average Rent (2 BR Apartment) $2400 $1200
Average Rent (2 BR House) $2425 $1280

Housing Comparison: Lake elsinore vs Woodward

  • In Lake elsinore, the median home price is higher at $535,000, while in Woodward it is $190,000.
  • Renting a two-bedroom apartment costs more in Lake elsinore at $2,400 than in Woodward at $1,200.

Utilities

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

Metric Lake elsinore Woodward
Electricity Price $32.99 $12.37
Natural Gas Price $16.99 $20.27
Other Utilities $280 $250

Utilities Comparison: Lake elsinore vs Woodward

  • Electricity costs are higher in Lake elsinore at $32.99 per kWh, compared to $12.37 in Woodward.
  • Woodward experiences higher natural gas costs at $20.27 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 Woodward with $250.