Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.
I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.
And while every neighbhorhood in Chula Vista might be more expensive than living in rural California, there are certain neighborhoods that are definitely cheaper.
So what exactly are those Chula Vista neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?
Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Chula Vista are the cheapest.
What’s the cheapest neighborhood to live in Chula Vista for 2020? According to the most recent census data, East Lake looks to be the cheaptest Chula Vista neighborhood to live in.
At this point we should make it clear that you do get what you pay for — some of these neighborhoods might not be the best places to live in Chula Vista. You could be sacrificing location or crime rates in return for more space and cheaper groceries.
Read on to see how we determined the places around Chula Vista that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in Chula Vista.
Once you’re done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.
For more California reading, check out:
- Best Places To Live In California
- Best Counties To Live In California
- Cheapest Cities To Live In America
- Cheapest States To Live In America
How We Determined The Cheapest Chula Vista Hoods In 2020
In order to rank the cheapest places to live in Chula Vista, we had to determine what criteria defines “cheap”.
- Overall Cost Of Living
- Rent To Income Ratio
- Median Home Value To Income Ratio
We then ranked each neighborhood with scores from 1 to 19 in each category, where 1 was the cheapest.
Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.
And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the “Cheapest City Neighborhood In Chula Vista.” We’re lookin’ at you, East Lake.
Read on below to learn more about what it’s like to live in the cheapest places Chula Vista. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.
The 10 Cheapest Neighborhoods To Live In Chula Vista For 2020
The median income in East Lake comes in at $85,520 and the median home value is $318,760 for 2020.
The median income in Otay Ranch comes in at $89,350 and the median home value is $353,100 for 2020.
The median income in Fenton St comes in at $90,524 and the median home value is $416,050 for 2020.
The median income in Rancho Del Rey comes in at $93,074 and the median home value is $420,850 for 2020.
The median income in Eastlake Trails comes in at $103,993 and the median home value is $442,300 for 2020.
The median income in Eastlake Vistas comes in at $103,993 and the median home value is $442,300 for 2020.
The median income in Amphitheater And Water Park comes in at $93,053 and the median home value is $436,800 for 2020.
The median income in Yosemite Dr comes in at $111,047 and the median home value is $524,000 for 2020.
The median income in Eastlake Woods comes in at $111,047 and the median home value is $524,000 for 2020.
The median income in Rolling Hills Ranch comes in at $127,220 and the median home value is $570,400 for 2020.
Summing Up The Cheapest Places In Chula Vista
If you’re measuring the neighborhoods in Chula Vista where prices are low and it’s cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Chula Vista aren’t all cheap. Bonita Long Canyon takes the title of the most expensive neighborhood to live in Chula Vista.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more California reading, check out:
- Cheapest Places To Live In California
- Best Places To Raise A Family In California
- Best Places To Retire In California
- Richest Cities In California
- Safest Places In California
- Worst Places To Live In California
Detailed List Of The Cheapest Neighborhoods To Live In Chula Vista For 2020
|Rank||Neighborhood||Cost Of Living Index|
|4||Rancho Del Rey||141|
|7||Amphitheater And Water Park||145|
|10||Rolling Hills Ranch||165|
|19||Bonita Long Canyon||164|