Pasadena, CA

Very High · 220

California · Population 136,462 · Updated March 2026

$2,218
Median Rent / Month
$103,778
Median Income
$1,045,000
Median Home Value
$2,340
Owner Costs / Month

Affordability

How far your income goes in Pasadena

25.6%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in California

State-level tax rates that affect your costs

13.3%
Income Tax (Top Rate)
7.25%
Sales Tax
0.71%
Property Tax Rate

Estimated Annual Costs

$26,616
Annual Rent
$13,802
State Income Tax
$7,419
Property Tax (est.)

Cost of Living Overview

Pasadena has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 220 (where 100 equals the national median), Pasadena residents can expect to pay median rent of $2,218/month while earning a median household income of $103,778/year.

The median home value in Pasadena, CA is $1,045,000, with typical monthly owner costs around $2,340 including mortgage, insurance, and taxes. With a rent-to-income ratio of 25.6%, Pasadena falls within the generally affordable range, though it's approaching the 30% burden threshold.

California's top income tax rate of 13.3% is among the highest in the nation, adding to the overall cost burden. Combined with a 7.25% sales tax rate and 0.71% effective property tax rate, the overall tax environment is a factor in the total cost of living in Pasadena.

Frequently Asked Questions

Common questions about living costs in Pasadena

What is the cost of living in Pasadena, CA?
The cost of living index in Pasadena, CA is 220 (US average = 100). Median monthly rent is $2,218, median household income is $103,778/year, and the median home value is $1,045,000.
Is Pasadena, CA affordable?
No, Pasadena is more expensive than the national average with a cost index of 220. The rent-to-income ratio is 25.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Pasadena, CA?
The median gross rent in Pasadena, CA is $2,218 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $26,616.
What is the median household income in Pasadena?
The median household income in Pasadena, CA is $103,778 per year. This compares to the national median of approximately $80,000.
What are the taxes like in California?
California has a top income tax rate of 13.3%, a sales tax of 7.25%, and an effective property tax rate of 0.71%.

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