Lake Mathews, CA

Yes — Lake Mathews is about 47% more expensive than the national average, with an overall Cost Index of 147. Housing is the biggest factor: the typical home here is valued around $678,300, and monthly rents average roughly $1,906. Day-to-day costs like groceries and utilities tend to run closer to the national norm.

Start with housing. Typical monthly rent is $1,906, while local median household income is $102,700. That implies a rent-burden proxy of about 22% before utilities and other costs. For a specific job offer, filing status, or take-home pay scenario, use salary.city.

California has a progressive state income tax with a top rate of 13.3%. The effective property tax rate is 0.71%. On a home worth $678,300, that translates to roughly $4,816 per year in property taxes. Sales tax (state + local) averages around 8.85% on everyday purchases.

The typical monthly rent in Lake Mathews is around $1,906. That's about 41% higher than the $1,348 national median. For comparison, the median home value here is $678,300, so buyers should also factor in mortgage payments, property taxes, and insurance.

The median home in Lake Mathews is valued at $678,300. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $3,430/month for principal and interest alone — before property taxes and insurance. About 77% of residents here own their homes.

Grocery prices in Lake Mathews are about average compared to the rest of the US (index: 96, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 88). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.

Lake Mathews is a small town with a population of about 6,749. The median age of residents is 40.2, which is close to the national median. The local poverty rate is 7.41%, well below the national average of 12.4%.