Cost of Living in South lake tahoe, CA
Housing
The housing market plays a significant role in determining the cost of living in South lake tahoe, CA.
- Housing Index: 136.2 / 100
- Median Home Price is: $564,000
- Average Rent (2 BR Apartment): $2383 per month
- Average Rent (2 BR House): $2590 per month
When considering a move to South lake tahoe, CA, prospective residents should note the 136.2 index of 140.0, indicating a relatively higher cost of living compared to other regions. The median home price stands at 564000, making homeownership a substantial investment. For renters, the average costs are quite steep, with 2383 for a 2-bedroom apartment and 2590 for a 2-bedroom house. It's essential to weigh these factors against income prospects and lifestyle preferences when making your decision, as housing costs can significantly impact your financial stability in this area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in South lake tahoe, CA.
- Electricity Price: $32.99 USD (median by state)
- Natural Gas Price: $16.99 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $258 per month
Living in South lake tahoe, CA could entail higher utility costs. Electricity costs sit at $32.99, while natural gas is priced at $16.99 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $258 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if South lake tahoe is a financially viable option for your relocation.