salaryRent here is among the highest 10% in the country. Household incomes are higher than in 98% of U.S. cities. A typical house costs about 8.5 years of household income, so buying is hard for most locals. It is a highly educated city: 75% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $135,240 a year. That is $65 an hour at a full-time job.
Is rent cheaper than other California cities?
No. Rent here is more expensive than in most of California. It is number 563 of 653 cities from cheapest to most expensive.
How much do households earn in Los Gatos?
Share of households by yearly income. 70.2% of households earn $100,000 or more.
Rent by apartment size in Los Gatos
| Size | Los Gatos | U.S. average |
|---|---|---|
| Studio | $2,772 | $1,338 |
| 1 bedroom | $2,746 | $1,324 |
| 2 bedrooms | $3,275 | $1,509 |
| 3 bedrooms | $3,500+ | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Los Gatos overall?
Everyday prices in California overall are 11% above the U.S. average (index 110.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Los Gatos, so the California figure is shown.
Taxes and bills in Los Gatos
Life in Los Gatos
Is it cheaper to rent or buy in Los Gatos?
Renting is cheaper right now: about $10,496 a month less.
Owning assumes a typical $2,000,000+ home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $200,000 for the down payment.
Frequently asked questions
What is the average rent in Los Gatos, CA?
Renting in Los Gatos costs a median of about $3,381 a month in 2026, including utilities. The California median is $2,357.
How much do I need to make to live in Los Gatos?
To keep rent under 30% of income, you need about $135,240 a year, or $65 an hour at a full-time job.
Is Los Gatos cheap or expensive?
Los Gatos is rated Cheap: rent takes 17.3% of the typical household income of $234,632. It ranks 563rd cheapest of 653 California cities we track.
How much are property taxes in Los Gatos?
The median homeowner in Los Gatos pays $10,000+ a year in property taxes, about 0.50% of the median home value.
Is Los Gatos more expensive than the national average?
Overall prices in California are 11% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Los Gatos?
The median home value in Los Gatos is $2,000,000+, about 8.5 times the typical yearly household income.
32,786 people live in Los Gatos. Numbers are typical (middle) values.