Cost of Living in Red Corral, CA

With a cost of living index of 138, Red Corral, CA is a notably expensive place to live. Living here is 38% more expensive than the national average and 6% below the California state average of 144. Red Corral is a small community of 1,263 residents.

Housing costs are the biggest factor in Red Corral's cost of living. The median monthly rent is $2,216 (68% above the US median of $1,319), and the median home value sits at $397,600 (30% above the national median of $304,900). At current prices, the median home costs roughly 4.7x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Red Corral is $83,929, which is 12% higher than the national median of $75,149. Residents spend roughly 32% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. While incomes are above average, they do not fully offset the higher cost of living.

Climate is another factor for anyone considering a move to Red Corral. The area sees an average annual temperature of 63.4°F, with summers averaging 76°F and winters around 50°F. Annual rainfall totals 19.2 inches spread over roughly 61 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

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.