El Segundo, CA vs Silver Lakes, CA

The cost of living difference between El Segundo, CA and Silver Lakes, CA is dramatic. Silver Lakes is 112.5% cheaper than El Segundo, a gap that translates to thousands of dollars per year in household expenses. El Segundo has a cost index of 242 while Silver Lakes sits at 114, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in El Segundo is $2,547/month compared to $1,585/month in Silver Lakes — a 61% difference. Home values follow the same pattern: Silver Lakes is more affordable at $345,600 median vs $1,521,600.

Median household income in El Segundo is $149,149 compared to $111,857 in Silver Lakes (+33.3%). El Segundo does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of El Segundo spend roughly 20.5% of their income on rent, more than the 17% in Silver Lakes.

Climate-wise, Silver Lakes is notably warmer with an average of 68°F compared to 63.6°F in El Segundo. El Segundo receives more rainfall at 12.2" per year compared to 3.8" in Silver Lakes.