What is a pro or con of living in Canyon Lake, Californiacompared to Rancho Santa Margarita, California?

Median Home Cost is 25% cheaper in Canyon Lake.

What salary do I need to live in Canyon Lake, California copmared to Rancho Santa Margarita, California?

A salary of $50,000 in Rancho Santa Margarita, California could decrease to $45,932 in Canyon Lake, California (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

RANCHO SANTA MARGARITA vs. CANYON LAKE
Cost of Living Comparison

Rancho Santa Margarita, California vs. Canyon Lake, California

Cost of Living Comparison

The cost of living in Canyon Lake, California is 8.1% cheaper than Rancho Santa Margarita, California.

You would need a salary of $45,932 in Canyon Lake, California to maintain the standard of living you have in Rancho Santa Margarita, California.

Comparison highlights

• Overall, Canyon Lake, California is cheaper than Rancho Santa Margarita, California
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
25% cheaper in Canyon Lake
than in Rancho Santa Margarita, California

Rancho Santa Margarita, CA vs. Canyon Lake, CA

Compared to Rancho Santa Margarita, Canyon Lake is:

Homeowner

No Child Care, Taxes not Considered

8.1% lower

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

3.1% lower

Housing (Homeowner)

32.9% lower

Housing (Rent)

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Median Home Cost

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Utilities

3.6% higher

Commute

41.3% higher

Health

6.5% lower

Taxes

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Childcare

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Personal

0.5% lower

Cost of Food

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Rancho Santa Margarita, California vs. Canyon Lake, California

Cost of Living Comparison

Comparison highlights

Rancho Santa Margarita, CA vs. Canyon Lake, CA

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