Cost of Living in Le Grand, CA

With a cost of living index of 81, Le Grand, CA is a very affordable place to live. Living here is 19% cheaper than the national average and 63% below the California state average of 144. Le Grand is a small community of 1,773 residents.

Housing costs are the biggest factor in Le Grand's cost of living. The median monthly rent is $864 (34% below the US median of $1,319), and the median home value sits at $245,200 (20% below the national median of $304,900). At current prices, the median home costs roughly 4.6x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Le Grand is $53,750, which is 28% lower than the national median of $75,149. Residents spend roughly 19% 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.

Climate is another factor for anyone considering a move to Le Grand. The area sees an average annual temperature of 62.3°F, with summers averaging 77°F and winters around 48°F. Annual rainfall totals 11.8 inches spread over roughly 56 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Merced, 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.