| Index | Placerville | California | National |
| Cost of living | 134 | 141 | 100 |
| Groceries | 108 | 111 | 100 |
| Health care | 112 | 116 | 100 |
| Housing | 180 | 197 | 100 |
| Transportation | 116 | 118 | 100 |
| Utilities | 117 | 119 | 100 |
| Lifestyle & Entertainment | 115 | 120 | 100 |
| Household Items | 109 | 111 | 100 |
| Education & Childcare | 125 | 127 | 100 |
Getting a feel for the cost of living in Placerville is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Placerville is 134, which is 34% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
If you're in pursuit of an economical living environment, Placerville may not fit the bill, as it ranks among the most expensive places to reside in the United States. Just a minority of regions exhibit a cost of living that is more than 20% higher than the national average, and, unfortunately, Placerville falls within this bracket.
Housing costs make up a big chunk of the cost of living in Placerville, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 79.5% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.
Is Placerville an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Placerville is 104.5% higher than the national average, while the average monthly rent prices are 21.4% higher than average. The affordability of any location can also be influenced by median income levels. Placerville has a median household income of $91,523, which is 12.5% higher than the national average.
Transportation: In situations where public transportation is limited or nonexistent, local residents may be required to own and maintain their own vehicles, contributing to an elevated cost of living. Monthly expenditures may encompass fuel costs, insurance premiums, routine vehicle upkeep and possibly lease or financing payments. In Placerville, the transportation index is 15.8% higher than the national average.
Healthcare: Healthcare costs and insurance premiums can undergo substantial fluctuations based on the city or state of residence. Elements such as the availability of healthcare facilities, out-of-pocket costs for medical consultations, dental expenses, prescription medication charges and specialized medical care fees all contribute to variations in the cost of living. In Placerville, healthcare costs are 11.8% higher than the national average.
Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Placerville, the housing index is 79.5% higher than the national average.
The cost of living estimates displayed for Placerville are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
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| Groceries index | |
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| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $127,653 | $10,638 | $2,978 | $3,830 |
| Renters | $54,770 | $4,564 | $1,278 | $1,643 |
| State | General Sales Tax | With Max Surtax |
| California | 7.25% | 10.5% |
| State | Income Tax (Low) | Income Tax (High) |
| California | 1% | 13.3% |
| City | Population | Cost of Living Index | National Avg. |
| Cold Springs CDP (Tuolumne County), CA | 128 | 114 | 13.8% |
| Cold Springs, CA | 698 | 95 | 4.9% |
| River Pines, CA | 429 | 106 | 5.7% |
| Grizzly Flats, CA | 1,419 | 123 | 23.3% |
| Pollock Pines, CA | 6,711 | 124 | 24.2% |
| Placerville, CA | 11,240 | 134 | 33.6% |
| City | Population | Cost of Living Index | National Avg. |
| Manchester, TN | 11,241 | 92 | 8.4% |
| Castle Pines, CO | 11,238 | 166 | 65.5% |
| Doctor Phillips, FL | 11,242 | 135 | 35.2% |
| Campton Hills, IL | 11,243 | 143 | 42.9% |
| Moncton, NB | 11,235 | n/a | |
| Placerville, CA | 11,240 | 134 | 33.6% |
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