Cost of Living in China Lake Acres, CA
Population: 2,523 | California
China Lake Acres is 11% less expensive than the national average.
Cost of Living in China Lake Acres, CA: What You Need to Know
With a cost of living index of 89, China Lake Acres, CA is a very affordable place to live. Living here is 11% cheaper than the national average and 55% below the California state average of 144. China Lake Acres is a small community of 2,523 residents.
Housing costs are the biggest factor in China Lake Acres's cost of living. The median monthly rent is $1,299 (2% below the US median of $1,319), and the median home value sits at $168,100 (45% below the national median of $304,900). At current prices, the median home costs roughly 2.5x the median household income — well within traditional affordability guidelines.
The median household income in China Lake Acres is $67,438, which is 10% lower than the national median of $75,149. Residents spend roughly 23% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Everyday prices in the Bakersfield-Delano, CA (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 6 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $67,438
- vs US Median ($75,149)
- -10%
Housing
- Median Rent
- $1,299/mo
- Median Home Value
- $168,100
- Median Monthly Housing Cost
- $1,145/mo
Everyday Prices in China Lake Acres
BLS Average Prices for the Bakersfield-Delano, CA (Metropolitan Statistical Area) area