Canyon Lake, CA Cost of Living


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Canyon Lake cost of living score
131.2
More expensive
31.2% higher
than the US average
12.5% lower
than the California average
Canyon Lake, California gets a BestPlaces Cost of Living score of 131.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 31.2% higher than the U.S. average and 12.5% higher than the average for California.

Canyon Lake, CA

Housing costs in Canyon Lake?
A typical home costs $646,500, which is 91.2% more expensive than the national average of $338,100 and 11.9% less expensive than the average California home, at $733,500. Renting a two-bedroom unit in Canyon Lake costs $2,390 per month, which is 67.1% more than the national average of $1,430 and 10.0% more than the state average of $2,150.

Can I afford Canyon Lake?
To live comfortably in Canyon Lake, California, a minimum annual income of $123,840 for a family, and $76,400 for a single person is recommended.

What does A.I. say about Canyon Lake?
Canyon Lake, CA is known for being an affordable place to live. The cost of living in this city is 8% lower than the California average and 14% lower than the national average. This means that groceries, housing, utilities, and transportation are all much less expensive. In addition, there is no state income tax in California, which helps keep overall living costs low. With its beautiful natural environment and relatively low cost of living, Canyon Lake provides a great quality of life for its residents.
   Cost of living score
     CategoriesCanyon LakeCaliforniaUnited States
  131.2149.9100.0
  100.4105.1100
  87.398.3100.0
  192.3234.8100.0
  $646,500$733,500$338,100
  114.9%102.4%100.0%
  165.9133.1100.0
  111.8118.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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