| Index | Truckee | California | National |
| Cost of living | 158 | 141 | 100 |
| Groceries | 101 | 111 | 100 |
| Health care | 100 | 116 | 100 |
| Housing | 285 | 197 | 100 |
| Transportation | 101 | 118 | 100 |
| Utilities | 110 | 119 | 100 |
| Lifestyle & Entertainment | 108 | 120 | 100 |
| Household Items | 103 | 111 | 100 |
| Education & Childcare | 109 | 127 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Truckee? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Truckee stands at 158, making it 58% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
If you prioritize affordability when seeking a new place to live, Truckee may not be your ideal choice, as it ranks among the most expensive locations in the entire United States. A very small amount of areas exhibit a cost of living at least 20% higher than the national average, and unfortunately, Truckee falls into this category, which may not align with your preferences for a budget-friendly living environment.
Housing costs are a very significant part of the Truckee cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 185.4% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.
The real experts on a city are its residents. That's why we reached out to 6 locals to get their views on the cost of living in Truckee. We surveyed the residents and asked them if they felt like prices were affordable or out of reach. The results were as follows. 33% found it budget-friendly with decreasing prices, while 67% said it's simply not affordable as prices have continued to rise.
Is Truckee an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Truckee, the median home price is 225.7% higher than what most folks pay across the country, and monthly rent prices are 91.3% higher than the usual rates. Income levels in Truckee come in at $148,841, which is 83% higher than the national average.
Transportation: In areas where public transportation is scarce or unavailable, residents often find themselves compelled to own and upkeep vehicles, thereby increasing the overall cost of living. Monthly expenses encompass fuel, insurance, routine maintenance and potentially lease or financing payments. In Truckee, the transportation index is 0.8% higher than the national average.
Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In Truckee, the groceries index is 1.1% higher than the national average.
Urbanization: Larger, urban centers, known for their wealth of amenities and strong employment prospects, often exhibit an elevated cost of living, primarily attributable to the heightened demand for services and residential relocation. Consequently, this scenario leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural areas or regions characterized by diminished demand typically provide a more limited array of amenities and experience slower job market growth, resulting in a more affordable cost of living.
The Truckee cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $167,998 | $14,000 | $3,920 | $5,040 |
| Renters | $95,081 | $7,923 | $2,218 | $2,853 |
| 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. |
| Kingvale, CA | 105 | 104 | 3.8% |
| Soda Springs, CA | 47 | 104 | 3.8% |
| Floriston, CA | 30 | 104 | 3.8% |
| Kings Beach, CA | 2,892 | 141 | 40.9% |
| Mogul, NV | 1,356 | 148 | 47.5% |
| Truckee, CA | 17,023 | 158 | 58.3% |
| City | Population | Cost of Living Index | National Avg. |
| Yorkton, SK | 17,021 | n/a | |
| Troutdale, OR | 17,015 | 126 | 25.6% |
| Opelousas, LA | 17,032 | 88 | 11.7% |
| North Myrtle Beach, SC | 17,032 | 112 | 11.8% |
| Abington, MA | 17,033 | 140 | 40.3% |
| Truckee, CA | 17,023 | 158 | 58.3% |
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