Rancho Mirage, CA

Very High · 161

California · Population 17,375 · Updated March 2026

$1,575
Median Rent / Month
$109,943
Median Income
$747,800
Median Home Value
$1,906
Owner Costs / Month

Affordability

How far your income goes in Rancho Mirage

17.2%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

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

$18,900
Annual Rent
$14,622
State Income Tax
$5,309
Property Tax (est.)

Cost of Living Overview

Rancho Mirage has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 161 (where 100 equals the national median), Rancho Mirage residents can expect to pay median rent of $1,575/month while earning a median household income of $109,943/year.

The median home value in Rancho Mirage, CA is $747,800, with typical monthly owner costs around $1,906 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.2% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

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 Rancho Mirage.

Frequently Asked Questions

Common questions about living costs in Rancho Mirage

What is the cost of living in Rancho Mirage, CA?
The cost of living index in Rancho Mirage, CA is 161 (US average = 100). Median monthly rent is $1,575, median household income is $109,943/year, and the median home value is $747,800.
Is Rancho Mirage, CA affordable?
No, Rancho Mirage is more expensive than the national average with a cost index of 161. The rent-to-income ratio is 17.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Rancho Mirage, CA?
The median gross rent in Rancho Mirage, CA is $1,575 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $18,900.
What is the median household income in Rancho Mirage?
The median household income in Rancho Mirage, CA is $109,943 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%.