Cost of Living in South Lake Tahoe, CA

Population 21,319 · California · Data vintage 2023

169
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

$630,000 is the going rate for a typical South Lake Tahoe home, 107% over the national median. Rents of $1,467/month track the same premium.

South Lake Tahoe is about 45 miles south of Reno, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 26% higher than Reno's $499,000.

Cost Overview

Housing 207
Rent 112

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

About the Cost of Living in South Lake Tahoe

The median home value in South Lake Tahoe is $630,200 — 107% above the national median of $305,000. Median rent runs $1,467/month, 12% higher than the national median of $1,314/month. The median household income of $73,940/year is 1% lower than the US median of $74,580. The local unemployment rate is 5.0%, 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 59.2°F and lows of 29.1°F. Overall, South Lake Tahoe has a cost of living index of 169 versus the US average of 100, meaning it is 69% more expensive.

🏠 Housing

Median Home Value
$630,200
107% above avg
Zillow Home Value
$644,260
Zillow ZHVI
Median Rent
$1,467/mo
12% above avg
Zillow Rent
$2,208/mo
Zillow ZORI
Price-to-Rent Ratio
35.8x
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 46.1%
Renter-occupied 53.9%

💰 Estimated Monthly Budget

Rent median rent
$1,467
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,081/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
17.0 min
37% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.2%

Commute Mode

Drove alone
61.0%
Carpooled
11.8%
Public transit
2.2%
Walked
7.2%
Bicycle
3.3%
Work from home
13.2%

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
$73,940
1% below avg
Per Capita Income
$50,098
Unemployment Rate
5.0%
5% above avg
Poverty Rate
12.4%
Labor Force Participation
71.0%

🎓 Education

Bachelor's degree+ 23.8%
Graduate degree 10.2%

👥 Demographics

Median Age 39.3
Male median age 39.6
Female median age 38.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.2°F
Avg Low
29.1°F
Annual Precip
20.5"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 434348536272808073625143
Low °F 181924283338434135292318
Precip" 2.813.752.871.271.320.550.390.360.281.431.943.49

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
71%
Good air days/yr
119
Max AQI recorded
11
PM2.5 days
349
Ozone days

Frequently Asked Questions

What is the cost of living in South Lake Tahoe, CA?

South Lake Tahoe has a cost index of 169 (100 = national average). It is 69% above the national average.

What is average rent in South Lake Tahoe, CA?

The median gross rent in South Lake Tahoe is $1,467 per month based on 2023 Census data.

What is the average home price in South Lake Tahoe?

The median home value in South Lake Tahoe is $630,200 according to Zillow and Census data.

What is the median income in South Lake Tahoe?

The median household income in South Lake Tahoe is $73,940 per year (2023 ACS 5-year estimates).

What is the sales tax in South Lake Tahoe, CA?

The combined state and local sales tax rate in South Lake Tahoe is 8.7%. The California state income tax top rate is 13.3%.

Is South Lake Tahoe, CA affordable?

South Lake Tahoe is above average in cost of living, with an index of 169 — about 69% higher than the national average.

What is the weather like in South Lake Tahoe?

South Lake Tahoe has average high temperatures of 59.2°F and average lows of 29.1°F. Annual precipitation is 20.5". Data from NOAA 1991–2020 Climate Normals.

South Lake Tahoe at a Glance

Population
21,319
Median Income
$73,940
Home Value
$630,200
Median Rent
$1,467/mo
Unemployment
5.0%
Avg High Temp
59.2°F
Sales Tax
8.7%
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Explore county-level cost of living data

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