Housing costs in South Lake Tahoe?
A typical home costs
$664,200, which is 96.5% more expensive than the national average of
$338,100 and 9.4% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in South Lake Tahoe costs
$1,750 per month, which is 22.4% more than the national average of
$1,430 and 22.9% cheaper than the state average of
$2,150.
Can I afford South Lake Tahoe?
To live comfortably in South Lake Tahoe (zip 96155), California, a minimum annual income of
$127,440 for a family, and
$56,000 for a single person is recommended.
What does A.I. say about South Lake Tahoe?
The cost of living in 96155 South Lake Tahoe, CA is significantly higher than the national average. The median home value is over $500,000, and the median household income surpasses $70,000. Prices for goods and services are also considerably higher than other cities and towns around the country due to its prime location in the mountains. Despite higher costs of living, the area remains a popular destination for its close proximity to ski resorts, breathtaking outdoor activities, and stunning mountain views that make it an ideal spot for those looking to escape into nature's beauty.