Cost of Living in Rancho Mirage, CA

Population 17,375 · California · Data vintage 2023

195
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Rancho Mirage's housing market reflects its status as a high-earning metro: $748,000 for a typical home, 145% above the US median, paired with household incomes around $109,943 that put it in the upper third of the state. Unemployment has stayed elevated relative to the national figure — 10.5% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Rancho Mirage is about 45 miles east of Menifee, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 53% higher than Menifee's $487,000.

Cost Overview

Housing 245
Rent 120

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Rancho Mirage

The median home value in Rancho Mirage is $747,800 — 145% above the national median of $305,000. Median rent runs $1,575/month, 20% higher than the national median of $1,314/month. The median household income of $109,943/year is 47% higher than the US median of $74,580. The local unemployment rate is 10.5%, 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%. The climate averages highs of 88.9°F and lows of 62.3°F. Overall, Rancho Mirage has a cost of living index of 195 versus the US average of 100, meaning it is 95% more expensive.

🏠 Housing

Median Home Value
$747,800
145% above avg
Zillow Home Value
$837,878
Zillow ZHVI
Median Rent
$1,575/mo
20% above avg
Zillow Rent
$4,544/mo
Zillow ZORI
Price-to-Rent Ratio
39.6x
Favors renting
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,195
1 BR
$1,241
2 BR
$1,544
3 BR
$2,163
4 BR
$2,556
Owner-occupied 82.1%
Renter-occupied 17.9%

💰 Estimated Monthly Budget

Rent median rent
$1,575
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,189/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
26.4 min
2% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
26.9%

Commute Mode

Drove alone
64.2%
Carpooled
4.7%
Public transit
0.5%
Walked
1.1%
Bicycle
0.1%
Work from home
26.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 13.3%
Total Sales Tax 8.7%
State rate 7.3%
Avg local rate 1.4%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$109,943
47% above avg
Per Capita Income
$87,637
Unemployment Rate
10.5%
118% above avg
Poverty Rate
10.9%
Labor Force Participation
40.5%

🎓 Education

Bachelor's degree+ 23.4%
Graduate degree 23.1%

👥 Demographics

Median Age 65
Male median age 63.8
Female median age 65.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
88.9°F
Avg Low
62.3°F
Annual Precip
4.6"
40° 58° 75° 93° 110° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 7174818795104109108102917969
Low °F 485054596673798074655346
Precip" 1.141.110.510.090.020.000.250.140.240.200.230.68

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 79 — Moderate
17%
Good air days/yr
660
Max AQI recorded
98
PM2.5 days
207
Ozone days

Frequently Asked Questions

What is the cost of living in Rancho Mirage, CA?

Rancho Mirage has a cost index of 195 (100 = national average). It is 95% above the national average.

What is average rent in Rancho Mirage, CA?

The median gross rent in Rancho Mirage is $1,575 per month based on 2023 Census data.

What is the average home price in Rancho Mirage?

The median home value in Rancho Mirage is $747,800 according to Zillow and Census data.

What is the median income in Rancho Mirage?

The median household income in Rancho Mirage is $109,943 per year (2023 ACS 5-year estimates).

What is the sales tax in Rancho Mirage, CA?

The combined state and local sales tax rate in Rancho Mirage is 8.7%. The California state income tax top rate is 13.3%.

Is Rancho Mirage, CA affordable?

Rancho Mirage is above average in cost of living, with an index of 195 — about 95% higher than the national average.

What is the weather like in Rancho Mirage?

Rancho Mirage has average high temperatures of 88.9°F and average lows of 62.3°F. Annual precipitation is 4.6". Data from NOAA 1991–2020 Climate Normals.

Rancho Mirage at a Glance

Population
17,375
Median Income
$109,943
Home Value
$747,800
Median Rent
$1,575/mo
Unemployment
10.5%
Avg High Temp
88.9°F
Sales Tax
8.7%
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