Cost of Living: Rochester, MN vs Lake elsinore, CA

Housing

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

Metric Rochester Lake elsinore
Housing Index 120.0 120.5
Median Home Price $335,000 $535,000
Average Rent (2 BR Apartment) $1500 $2400
Average Rent (2 BR House) $1600 $2425

Housing Comparison: Rochester vs Lake elsinore

  • The median home price in Lake elsinore is higher at $535,000, compared to $335,000 in Rochester.
  • In Lake elsinore, the rental for a two-bedroom apartment stands at $2,400, while it is $1,500 in Rochester.

Utilities

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

Metric Rochester Lake elsinore
Electricity Price $16.38 $32.99
Natural Gas Price $14.87 $16.99
Other Utilities $250 $280

Utilities Comparison: Rochester vs Lake elsinore

  • Lake elsinore has higher electricity costs at $32.99 per kWh, versus $16.38 in Rochester.
  • Lake elsinore experiences higher natural gas costs at $16.99 per unit, with costs at $14.87 in Rochester.
  • Lake elsinore has higher utility expenses, averaging $280, while Rochester averages $250.