Cost of Living: Salt lake city, UT vs Lake elsinore, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Salt lake city | Lake elsinore |
|---|---|---|
| Housing Index | 125.0 | 120.5 |
| Median Home Price | $469,000 | $535,000 |
| Average Rent (2 BR Apartment) | $1750 | $2400 |
| Average Rent (2 BR House) | $1950 | $2425 |
Housing Comparison: Salt lake city vs Lake elsinore
- The median home price in Lake elsinore is higher at $535,000, compared to $469,000 in Salt lake city.
- In Lake elsinore, the rental for a two-bedroom apartment stands at $2,400, while it is $1,750 in Salt lake city.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Salt lake city | Lake elsinore |
|---|---|---|
| Electricity Price | $11.5 | $32.99 |
| Natural Gas Price | $14 | $16.99 |
| Other Utilities | $250 | $280 |
Utilities Comparison: Salt lake city vs Lake elsinore
- Lake elsinore has higher electricity costs at $32.99 per kWh, versus $11.5 in Salt lake city.
- Lake elsinore experiences higher natural gas costs at $16.99 per unit, with costs at $14 in Salt lake city.
- Lake elsinore has higher utility expenses, averaging $280, while Salt lake city averages $250.