Cost of living in Truckee 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 Truckee 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 Truckee is 145, with 100 being the average.
The cost of living index in Truckee is 1.4x higher than the national average.
Truckee ranks as the #391 cheapest in California out of 635.
Truckee ranks as the #5,721 cheapest out of 6,412 in the US.
The median home value in Truckee is $638,600.
The median income in Truckee is $103,772.
According to the most recent data on the cost of living, Truckee has an overall cost of living index of 145, which is 1.4x higher than the national index of 100.
Compared to California, Truckee has a cost of living index that's 1.0x higher than California's index of 139.
The standard of living in Truckee ranks as #391 most affordable out of the 635 places we measured in California. By definition, that implies Truckee ranks as the #244 most expensive place in the Golden State.
For more reading on life in Truckee, check out:
Six factors go into calculating the cost of living index in Truckee. Here is how it fairs on each of the criteria:
The Services index in Truckee is 105.
The Groceries index in Truckee is 114.
The Health index in Truckee is 112.
The Housing index in Truckee is 232.
The Transportation index in Truckee is 128.
The Utilities index in Truckee is 86.
Living Expense | Truckee | California | National Average | |
---|---|---|---|---|
Overall | 145 | 139 | 100 | |
Services | 105 | 110 | 100 | |
Groceries | 114 | 112 | 100 | |
Health | 112 | 109 | 100 | |
Housing | 232 | 204 | 100 | |
Transportation | 128 | 126 | 100 | |
Utilities | 86 | 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 Truckee is $638,600.
The Median Rent in Truckee is $1,816.
The Median Income in Truckee is $103,772.
The Home Value To Income in Truckee is 6.2x.
The Rent To Monthly Income in Truckee is 0.21x.
Statistic | Truckee | California | United States |
---|---|---|---|
Median Home Value | $638,600 | $573,200 | $244,900 |
Median Rent | $1,816 | $1,698 | $1,163 |
Median Income | $103,772 | $84,097 | $69,021 |
Home Value To Income | 6.2x | 6.8x | 3.5x |
Rent To Monthly Income | 0.21x | 0.24x | 0.2x |
Item | Truckee | California |
---|---|---|
Shampoo | $1.41 | $1.06 |
Movie | $11.0 | $10.68 |
Bowling | $18.8 | $14.67 |
Haircut | $21.7 | $18.62 |
Beauty Salon | $40.13 | $39.05 |
Item | Truckee | California |
---|---|---|
Ground Beef | $5.54 | $4.22 |
Fried Chicken | $1.58 | $1.39 |
Milk | $2.93 | $2.05 |
Potatoes | $3.02 | $3.29 |
Pizza | $11.66 | $10.62 |
Beer | $9.15 | $9.38 |
Toothpaste | $2.43 | $2.34 |
Item | Truckee | California |
---|---|---|
Optometrist | $117.17 | $108.57 |
Doctor | $155.0 | $116.17 |
Dentist | $114.56 | $99.13 |
Item | Truckee | California |
---|---|---|
Gasoline | $2.98 | $2.22 |
Tire Balancing | $57.47 | $50.07 |
Item | Truckee | California |
---|---|---|
All Electricity | $124.72 | $167.67 |
Phone | $177.85 | $175.64 |
The cost of living varies in the cities and towns around Truckee. Here's a quick look at the cost of living in the most populous nearby places:
South Lake Tahoe, CA has a cost of living index of 124, 0.9x Truckee.
Spanish Springs, NV has a cost of living index of 118, 0.8x Truckee.
Alpine, CA has a cost of living index of 152, 1.0x Truckee.
City | Population | Cost Of Living | Vs. Truckee |
---|---|---|---|
South Lake Tahoe, CA | 21,355 | 124 | 0.9x |
Spanish Springs, NV | 16,131 | 118 | 0.8x |
Alpine, CA | 15,648 | 152 | 1.0x |
Grass Valley, CA | 13,550 | 120 | 0.8x |
Pollock Pines, CA | 6,450 | 119 | 0.8x |
Johnson Lane, NV | 6,277 | 128 | 0.9x |