Cost of Living in Elk Grove, CA (2026)

What it costs to live in Elk Grove

A one-bedroom in Elk Grove averages $1,331 per month, close to the national median of $1,300. The median household income here is $125,924, and a one-bedroom lease absorbs about 13% of that — leaving room under the 30% affordability threshold. The median home value of $630,100 is about 5.0× median income — well above the 3× rule of thumb, making ownership a stretch on a typical local salary. That's 85% above the U.S. median of $340,200. Utilities here run about $313/month — 53% above the national average of $205, driven by local climate and energy rates. Overall prices in the area run 11% above the national level (BEA regional price parity index: 110.72). Use the calculator above to see how far your income goes, with rent and utilities prefilled from the latest U.S. Census Bureau data.