The cost of living in Rancho Santa Margarita, CA, significantly exceeds the nationwide average. Housing costs are 78% higher, while groceries and transportation are 13% and 18% higher, respectively. Utilities, healthcare, and miscellaneous expenses are slightly above the national average, with increases of 3%, 1%, and 12%, respectively.
The cost of living in Rancho Santa Margarita, CA, stands significantly higher than the nationwide average. Housing costs in this area are particularly elevated, with an index of 178. This means that housing expenses are nearly 80% higher than the national average. For job seekers, this could mean budgeting more for rent or mortgage payments compared to other parts of the country.
Other expenses in Rancho Santa Margarita also exceed the national average. Groceries, for instance, have an index of 113, indicating a 13% increase in food costs. Utilities and transportation costs are also higher, with indexes of 103 and 118, respectively. These figures suggest that residents will need to allocate more of their budget to these essentials. However, healthcare costs are relatively lower, with an index of 99, which is just 1% below the national average. This might offer some relief for those concerned about medical expenses.
