Truckee, CA

Very High · 201

California · Population 16,942 · Updated March 2026

$2,089
Median Rent / Month
$125,995
Median Income
$884,000
Median Home Value
$2,535
Owner Costs / Month

Affordability

How far your income goes in Truckee

19.9%
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

$25,068
Annual Rent
$16,757
State Income Tax
$6,276
Property Tax (est.)

Cost of Living Overview

Truckee has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 201 (where 100 equals the national median), Truckee residents can expect to pay median rent of $2,089/month while earning a median household income of $125,995/year.

The median home value in Truckee, CA is $884,000, with typical monthly owner costs around $2,535 including mortgage, insurance, and taxes. The median rent-to-income ratio of 19.9% 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 Truckee.

Frequently Asked Questions

Common questions about living costs in Truckee

What is the cost of living in Truckee, CA?
The cost of living index in Truckee, CA is 201 (US average = 100). Median monthly rent is $2,089, median household income is $125,995/year, and the median home value is $884,000.
Is Truckee, CA affordable?
No, Truckee is more expensive than the national average with a cost index of 201. The rent-to-income ratio is 19.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Truckee, CA?
The median gross rent in Truckee, CA is $2,089 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $25,068.
What is the median household income in Truckee?
The median household income in Truckee, CA is $125,995 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%.