Menifee, CA

Very High · 149

California · Population 107,020 · Updated March 2026

$2,052
Median Rent / Month
$89,183
Median Income
$487,200
Median Home Value
$2,103
Owner Costs / Month

Affordability

How far your income goes in Menifee

27.6%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in California

State-level tax rates that affect your costs

13.3%
Income Tax (Top Rate)
7.25%
Sales Tax
0.71%
Property Tax Rate

Estimated Annual Costs

$24,624
Annual Rent
$11,861
State Income Tax
$3,459
Property Tax (est.)

Cost of Living Overview

Menifee has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 149 (where 100 equals the national median), Menifee residents can expect to pay median rent of $2,052/month while earning a median household income of $89,183/year.

The median home value in Menifee, CA is $487,200, with typical monthly owner costs around $2,103 including mortgage, insurance, and taxes. With a rent-to-income ratio of 27.6%, Menifee falls within the generally affordable range, though it's approaching the 30% burden threshold.

California's top income tax rate of 13.3% is among the highest in the nation, adding to the overall cost burden. Combined with a 7.25% sales tax rate and 0.71% effective property tax rate, the overall tax environment is a factor in the total cost of living in Menifee.

Frequently Asked Questions

Common questions about living costs in Menifee

What is the cost of living in Menifee, CA?
The cost of living index in Menifee, CA is 149 (US average = 100). Median monthly rent is $2,052, median household income is $89,183/year, and the median home value is $487,200.
Is Menifee, CA affordable?
No, Menifee is more expensive than the national average with a cost index of 149. The rent-to-income ratio is 27.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Menifee, CA?
The median gross rent in Menifee, CA is $2,052 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $24,624.
What is the median household income in Menifee?
The median household income in Menifee, CA is $89,183 per year. This compares to the national median of approximately $80,000.
What are the taxes like in California?
California has a top income tax rate of 13.3%, a sales tax of 7.25%, and an effective property tax rate of 0.71%.