Santa Clara, CA

Very High · 307

California · Population 129,239 · Updated March 2026

$2,985
Median Rent / Month
$173,670
Median Income
$1,527,900
Median Home Value
$3,051
Owner Costs / Month

Affordability

How far your income goes in Santa Clara

20.6%
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

$35,820
Annual Rent
$23,098
State Income Tax
$10,848
Property Tax (est.)

Cost of Living Overview

Santa Clara has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 307 (where 100 equals the national median), Santa Clara residents can expect to pay median rent of $2,985/month while earning a median household income of $173,670/year.

The median home value in Santa Clara, CA is $1,527,900, with typical monthly owner costs around $3,051 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.6% 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 Santa Clara.

Frequently Asked Questions

Common questions about living costs in Santa Clara

What is the cost of living in Santa Clara, CA?
The cost of living index in Santa Clara, CA is 307 (US average = 100). Median monthly rent is $2,985, median household income is $173,670/year, and the median home value is $1,527,900.
Is Santa Clara, CA affordable?
No, Santa Clara is more expensive than the national average with a cost index of 307. The rent-to-income ratio is 20.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Santa Clara, CA?
The median gross rent in Santa Clara, CA is $2,985 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $35,820.
What is the median household income in Santa Clara?
The median household income in Santa Clara, CA is $173,670 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%.

Compare Santa Clara With

Similar-sized cities to compare