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Cost of Living in Elk Grove, CA

Population 179,155 · Census ACS 2020–2024 5-year estimates

Median rent$2,262
Median home value$630,100
Median household income$125,924

The median rent in Elk Grove, CA is $2,262/month, 11% higher than the California median and 60% higher than the U.S. median. The median home value is $630,100, 89% higher than the national median. Households earn a median of $125,924 a year, 27% higher than the state median.

Affordability

Rent as a share of median income: 21.6%
Income needed for median rent (30% rule): $90,480/yr
Home price-to-income ratio: 5.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $3,186/mo

Run your own numbers: mortgage calculator · hourly to salary

Elk Grove vs. California vs. U.S.

Elk GroveCaliforniaU.S.
Median rent$2,262$2,036$1,413
Median home value$630,100$734,700$332,700
Median household income$125,924$99,122$80,734
Homeownership rate73.8%55.9%65.2%
Bachelor's degree or higher38.9%37.1%35.7%
Poverty rate8.0%12.0%12.5%
Unemployment rate6.4%6.6%5.2%
Work from home21.2%17.2%15.1%
Median age39.437.938.9

FAQ

What is the average rent in Elk Grove, CA?

The median gross rent in Elk Grove, CA is $2,262 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Elk Grove, CA?

Using the common 30% rule, renting a median-priced home takes about $90,480 a year in gross income.

Is Elk Grove, CA expensive to live in?

Rent there is 60% higher than the U.S. median, and the median home costs about 5.0 times the median household income.

Other cities in California

Los Angeles, CARent $1,933 · Income $81,939San Diego, CARent $2,313 · Income $108,077San Jose, CARent $2,669 · Income $146,427San Francisco, CARent $2,476 · Income $140,970Fresno, CARent $1,421 · Income $70,991Sacramento, CARent $1,779 · Income $87,321

Cities with a similar cost of living

Kaneohe, HIRent $2,269 · Income $125,613Mill Creek, WARent $2,249 · Income $124,364Fair Oaks, VARent $2,275 · Income $123,947Odenton, MDRent $2,257 · Income $128,441Saratoga Springs, UTRent $2,256 · Income $128,802Rockville, MDRent $2,274 · Income $128,649

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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