Cost of Living in Nuevo, CA
Population 6,737 · California · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Nuevo a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $507,000. Unemployment has stayed elevated relative to the national figure — 8.3% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Located 8 miles north of Menifee, Nuevo falls within that metro's commuting orbit. Housing prices track closely with Menifee's $487,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Nuevo
The median home value in Nuevo is $507,200 — 66% above the national median of $305,000. Median rent runs $1,552/month, 18% higher than the national median of $1,314/month. The median household income of $92,443/year is 24% higher than the US median of $74,580. The local unemployment rate is 8.3%, above the national average of 4.8%. California's top state income tax rate is 13.3% and the combined sales tax is 8.7%. Overall, Nuevo has a cost of living index of 147 versus the US average of 100, meaning it is 47% more expensive.
Nuevo has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Nuevo, CA?
Nuevo has a cost index of 147 (100 = national average). It is 47% above the national average.
What is average rent in Nuevo, CA?
The median gross rent in Nuevo is $1,552 per month based on 2023 Census data.
What is the average home price in Nuevo?
The median home value in Nuevo is $507,200 according to Zillow and Census data.
What is the median income in Nuevo?
The median household income in Nuevo is $92,443 per year (2023 ACS 5-year estimates).
What is the sales tax in Nuevo, CA?
The combined state and local sales tax rate in Nuevo is 8.7%. The California state income tax top rate is 13.3%.
Is Nuevo, CA affordable?
Nuevo is above average in cost of living, with an index of 147 — about 47% higher than the national average.
Nuevo at a Glance
- Population
- 6,737
- Median Income
- $92,443
- Home Value
- $507,200
- Median Rent
- $1,552/mo
- Unemployment
- 8.3%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
California Rankings
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Cities in other states with comparable housing costs