Housing costs in South Lake Tahoe?
A typical home costs
$625,100, which is 84.9% more expensive than the national average of
$338,100 and 14.8% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in South Lake Tahoe costs
$1,550 per month, which is 27.9% cheaper than the national average of
$2,150 and 14.2% cheaper than the state average of
$1,770.
Can I afford South Lake Tahoe?
To live comfortably in South Lake Tahoe (zip 96150), California, a minimum annual income of
$119,880 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about South Lake Tahoe?
The cost of living in 96150 South Lake Tahoe, CA is higher than the US average. Rent prices are significantly higher than the national average, with an average one-bedroom apartment costing around $1,500 per month and a three-bedroom around $2,500. Groceries and basic necessities also cost more than average in South Lake Tahoe, as do everyday items like gas and transportation. Eating out can be expensive too; expect to pay upwards of $20 for an entrée at most restaurants. With all this said, however, it's possible for those on a budget to find affordable housing and survive on limited income in South Lake Tahoe if they are willing to sacrifice some luxuries.