Lennox, CA vs Monterey Park, CA

Lennox is moderately more affordable than Monterey Park, with a 14.3% lower cost of living index. Lennox scores 140 compared to 163 for Monterey Park, where the US average is 100. This difference means residents of Monterey Park can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lennox is $1,455/month compared to $1,845/month in Monterey Park — a 21% difference. Home values follow the same pattern: Lennox is more affordable at $677,600 median vs $818,300.

Median household income in Lennox is $60,307 compared to $77,605 in Monterey Park (-22.3%). While Monterey Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lennox spend roughly 29% of their income on rent, more than the 28.5% in Monterey Park.

Climate-wise, both cities share similar average temperatures (63.6°F vs 65.8°F). Monterey Park receives more rainfall at 14.3" per year compared to 12.2" in Lennox.