Canyon Lake, CA vs Felton, CA

Canyon Lake, CA and Felton, CA have a very similar cost of living, with only a 3.7% difference in their overall index. Canyon Lake scores 167 while Felton scores 174 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Canyon Lake is $2,524/month compared to $2,164/month in Felton — a 17% difference. Interestingly, home values tell a different story: while Felton has cheaper rent, Canyon Lake actually has lower median home values ($647,300 vs $836,700).

Median household income in Canyon Lake is $124,948 compared to $117,375 in Felton (+6.5%). Canyon Lake offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Canyon Lake spend roughly 24.2% of their income on rent, more than the 22.1% in Felton.