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Elizabeth Lake, CA vs Lake of the Pines, CA

127
Elizabeth Lake
California
VS
-26.9%
174
Lake of the Pines
California

There is a significant gap in the cost of living between these two cities. Elizabeth Lake is 26.9% cheaper than Lake of the Pines. With a cost index of 127 vs 174, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elizabeth Lake to Lake of the Pines should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elizabeth Lake is $1,833/month compared to $2,741/month in Lake of the Pines — a 33% difference. Home values follow the same pattern: Elizabeth Lake is more affordable at $381,500 median vs $639,400.

Median household income in Elizabeth Lake is $102,333 compared to $118,661 in Lake of the Pines (-13.8%). The higher salaries in Lake of the Pines partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Elizabeth Lake spend roughly 21.5% of their income on rent, less than the 27.7% in Lake of the Pines.

Climate-wise, Elizabeth Lake is notably warmer with an average of 62.1°F compared to 52.2°F in Lake of the Pines. Lake of the Pines receives more rainfall at 62.4" per year compared to 6.8" in Elizabeth Lake.

Income & Cost

Cost of Living Index
Elizabeth Lake
127
27% cheaper
Lake of the Pines
174
Median Household Income
Elizabeth Lake
$102,333
Lake of the Pines
$118,661
14% higher

Housing

Median Rent
Elizabeth Lake
$1,833
33% cheaper
Lake of the Pines
$2,741
Median Home Value
Elizabeth Lake
$381,500
40% cheaper
Lake of the Pines
$639,400
Population
Elizabeth Lake
1,677
Lake of the Pines
5,012

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Rent by Bedroom Size

HUD Fair Market Rent (FY 2026) — metro area average

Studio
Elizabeth Lake $2,031
Lake of the Pines $1,784
12% cheaper
1 Bed
Elizabeth Lake $2,272
Lake of the Pines $1,871
18% cheaper
2 Bed
Elizabeth Lake $2,835
Lake of the Pines $2,305
19% cheaper
3 Bed
Elizabeth Lake $3,599
Lake of the Pines $3,077
15% cheaper
4 Bed
Elizabeth Lake $4,010
Lake of the Pines $3,552
11% cheaper

Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Elizabeth Lake $3.28
Lake of the Pines $3.22
US $3.07
🥚
Eggs (grade A, large)
Elizabeth Lake $2.68
Lake of the Pines $2.62
US $2.50
🥛
Milk (whole)
Elizabeth Lake $4.31
Lake of the Pines $4.22
US $4.03
🍞
Bread (white)
Elizabeth Lake $1.98
Lake of the Pines $1.94
US $1.85
🍗
Chicken breast
Elizabeth Lake $4.44
Lake of the Pines $4.35
US $4.14
Electricity
Elizabeth Lake $0.27
Lake of the Pines $0.26
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Elizabeth Lake 62.1°F
Lake of the Pines 52.2°F
Summer High
Elizabeth Lake 98°F
Lake of the Pines 78°F
Winter Low
Elizabeth Lake 31°F
Lake of the Pines 34°F
Rainfall
Elizabeth Lake 6.8"
Lake of the Pines 62.4"
Rainy Days
Elizabeth Lake 28d
Lake of the Pines 90d