South Lake Tahoe cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexSouth Lake TahoeCaliforniaNational
Cost of living index122137100
IndexSouth Lake TahoeCaliforniaNational
Goods & Services index111109100
Groceries index102118100
Health care index107111100
Housing index157189100
Transportation index117130100
Utilities index92112100
Displayed above is a general overview of the South Lake Tahoe, CA cost of living index. The overall cost of living index in South Lake Tahoe, CA is 122, which is 11% lower than the California average and 22% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in South Lake Tahoe, CA are 2% higher than the California average and 11% higher than the national average.

Did you know?

  • The cost of living in South Lake Tahoe is 11% lower than the California average.
  • The cost of living in South Lake Tahoe is 22% higher than the national average.
  • The cost of housing in South Lake Tahoe is 57% higher than the national average.
  • California general sales tax is 47% higher than the national average.
  • California state income tax is 55% lower than the national average.

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Compare South Lake Tahoe, CA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Groceries index
Health care index
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Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in South Lake Tahoe, CA would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than South Lake Tahoe, CA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The South Lake Tahoe, CA salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$57,238$4,770$1,335$1,717
Renters$31,563$2,630$736$947
If you want to find a good determining factor for the cost of living and the general affordability of housing in South Lake Tahoe, CA, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In South Lake Tahoe, CA, the median monthly income is $57,238 for those who own their own homes. Under the standard rule, that income level would allow for $1,335 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $31,563, per the median income in the area. That would allow for renters to spend up to $736 on monthly rental expenses.

California Sales Tax

StateGeneral Sales TaxWith Max Surtax
California7.5%10%

California Income Tax

StateIncome Tax (Low)Income Tax (High)
California1%12.3%
When you are determining the total cost of living in South Lake Tahoe, CA you will want to make sure you consider both the California sales tax and the California income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in California is 7.5%, with the highest surtax being 10%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in California have a range from 1% to 12.3%.

Goods & Services

ItemSouth Lake TahoeNational avg.Difference
Haircut $14.17$15.569.0%
Beauty Salon $40.97$36.1113.5%
Toothpaste $3.08$2.4724.6%
Shampoo $1.15$0.9618.8%
Movie $10.25$10.131.2%
Bowling $4.42$4.746.7%

Groceries

ItemSouth Lake TahoeNational avg.Difference
Ground Beef $3.69$3.987.5%
Fried Chicken $1.09$1.4122.3%
Milk $2.53$2.0622.6%
Potatoes $2.78$2.986.8%
Pizza $11.00$9.4716.1%
Beer $9.15$8.794.1%

Health Care

ItemSouth Lake TahoeNational avg.Difference
Optometrist $102.92$101.041.9%
Doctor $135.40$107.4426.0%
Dentist $91.47$90.421.2%
Ibuprofen $10.87$9.2817.1%
Lipitor $374.94$426.5012.1%

Housing

ItemSouth Lake TahoeNational avg.Difference
Home Price $322,400.00$175,700.0083.5%
Avg. Mortgage Payment $1,081.61$1,133.234.6%
Apartment Rent $875.00$920.004.9%

Transportation

ItemSouth Lake TahoeNational avg.Difference
Gasoline $2.52$1.9926.6%
Tire Balancing $42.99$45.766.1%

Utilities

ItemSouth Lake TahoeNational avg.Difference
All Electricity$140.54$163.8114.2%
Phone $28.40$28.390.0%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Logan Creek, NV381077%
Stateline, NV1,017100-0%
Carson City, NV54,6341066%
Gardnerville Ranchos, NV11,0401099%
Indian Hills, NV6,00711111%
South Lake Tahoe, CA21,39412222%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Arbutus, MD21,40411111%
Portsmouth, NH21,36613535%
Albertville, AL21,36390-10%
Christiansburg, VA21,42796-4%
Sedalia, MO21,42986-14%
South Lake Tahoe, CA21,39412222%
Source: The South Lake Tahoe, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.