Housing costs in South Lake Tahoe?
A typical home costs
$657,600, which is 94.5% more expensive than the national average of
$338,100 and 10.3% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in South Lake Tahoe costs
$1,490 per month, which is 4.2% more than the national average of
$1,430 and 44.3% cheaper than the state average of
$2,150.
Can I afford South Lake Tahoe?
To live comfortably in South Lake Tahoe, California, a minimum annual income of
$126,000 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about South Lake Tahoe?
The cost of living in South Lake Tahoe, CA is higher than the national average with a median home value of $366,200. Utilities and other services are also on the high end for this area due to its popularity as a tourist destination. Groceries also tend to run higher than average. However, given the natural beauty and outdoor recreation opportunities available in South Lake Tahoe, many people feel that it's worth the cost of living here. With a scenic lake surrounded by majestic mountains and plenty of outdoor activities to enjoy year-round, it's not difficult to understand why so many people decide to call South Lake Tahoe their home.