Cost of living in Placerville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Placerville is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Placerville is 123, with 100 being the average.
The cost of living index in Placerville is 1.2x higher than the national average.
Placerville ranks as the #217 cheapest in California out of 635.
Placerville ranks as the #4,954 cheapest out of 6,412 in the US.
The median home value in Placerville is $385,200.
The median income in Placerville is $64,348.
According to the most recent data on the cost of living, Placerville has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to California, Placerville has a cost of living index that's 0.9x lower than California's index of 139.
The standard of living in Placerville ranks as #217 most affordable out of the 635 places we measured in California. By definition, that implies Placerville ranks as the #418 most expensive place in the Golden State.
For more reading on life in Placerville, check out:
Six factors go into calculating the cost of living index in Placerville. Here is how it fairs on each of the criteria:
The Services index in Placerville is 117.
The Groceries index in Placerville is 109.
The Health index in Placerville is 123.
The Housing index in Placerville is 136.
The Transportation index in Placerville is 133.
The Utilities index in Placerville is 110.
Living Expense | Placerville | California | National Average | |
---|---|---|---|---|
Overall | 123 | 139 | 100 | |
Services | 117 | 110 | 100 | |
Groceries | 109 | 112 | 100 | |
Health | 123 | 109 | 100 | |
Housing | 136 | 204 | 100 | |
Transportation | 133 | 126 | 100 | |
Utilities | 110 | 124 | 100 |
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Placerville is $385,200.
The Median Rent in Placerville is $1,091.
The Median Income in Placerville is $64,348.
The Home Value To Income in Placerville is 6.0x.
The Rent To Monthly Income in Placerville is 0.2x.
Statistic | Placerville | California | United States |
---|---|---|---|
Median Home Value | $385,200 | $573,200 | $244,900 |
Median Rent | $1,091 | $1,698 | $1,163 |
Median Income | $64,348 | $84,097 | $69,021 |
Home Value To Income | 6.0x | 6.8x | 3.5x |
Rent To Monthly Income | 0.2x | 0.24x | 0.2x |
Item | Placerville | California |
---|---|---|
Shampoo | $1.24 | $1.06 |
Movie | $13.93 | $10.68 |
Bowling | $20.08 | $14.67 |
Haircut | $24.02 | $18.62 |
Beauty Salon | $62.28 | $39.05 |
Item | Placerville | California |
---|---|---|
Ground Beef | $5.05 | $4.22 |
Fried Chicken | $1.31 | $1.39 |
Milk | $2.66 | $2.05 |
Potatoes | $3.2 | $3.29 |
Pizza | $17.03 | $10.62 |
Beer | $9.52 | $9.38 |
Toothpaste | $2.79 | $2.34 |
Item | Placerville | California |
---|---|---|
Optometrist | $148.5 | $108.57 |
Doctor | $194.75 | $116.17 |
Dentist | $94.8 | $99.13 |
Item | Placerville | California |
---|---|---|
Gasoline | $3.24 | $2.22 |
Tire Balancing | $51.87 | $50.07 |
Item | Placerville | California |
---|---|---|
All Electricity | $192.37 | $167.67 |
Phone | $186.51 | $175.64 |
The cost of living varies in the cities and towns around Placerville. Here's a quick look at the cost of living in the most populous nearby places:
Folsom, CA has a cost of living index of 144, 1.2x Placerville.
El Dorado Hills, CA has a cost of living index of 163, 1.3x Placerville.
Cameron Park, CA has a cost of living index of 134, 1.1x Placerville.
City | Population | Cost Of Living | Vs. Placerville |
---|---|---|---|
Folsom, CA | 79,201 | 144 | 1.2x |
El Dorado Hills, CA | 48,612 | 163 | 1.3x |
Cameron Park, CA | 17,790 | 134 | 1.1x |
Auburn, CA | 13,738 | 134 | 1.1x |
Diamond Springs, CA | 11,545 | 123 | 1.0x |
Cold Springs, NV | 10,920 | 105 | 0.9x |
Pollock Pines, CA | 6,450 | 119 | 1.0x |