States › California › Placerville

Is Placerville, CA expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,30825% lower than U.S. average
💵 Families earn per year (2026)$72,555about $6,046/month · 17% lower than U.S. average
🔑 House price$473,10042% higher than U.S. average

Rent is lower than in 68% of U.S. cities. A typical house costs about 6.5 years of household income, so buying is hard for most locals.

How much money do I need?

To rent here comfortably, you should earn about $52,320 a year. That is $25 an hour at a full-time job.

Is rent cheaper than other California cities?

Yes. Rent here is cheaper than in most of California. It is number 48 of 653 cities from cheapest to most expensive.

Placerville
$1,308
Fairview
$2,803
Morro Bay
$3,505
Soquel
$2,403
Sonoma
$2,818
Garden Acres
$1,436
Lake Arrowhead
$3,154

How much do households earn in Placerville?

Under $25k
17.9%
$25k–50k
23.1%
$50k–100k
27.9%
$100k–150k
19.9%
$150k+
8.1%

Share of households by yearly income. 28.0% of households earn $100,000 or more.

Rent by apartment size in Placerville

SizePlacervilleU.S. average
1 bedroom$959$1,324
2 bedrooms$1,276$1,509
3 bedrooms$1,970$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Placerville overall?

Everyday prices in California overall are 11% above the U.S. average (index 110.7, U.S. = 100).

Housing
154
Goods (food, clothes…)
106
Utilities
159
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Placerville, so the California figure is shown.

Taxes and bills in Placerville

🏛️ Property tax$3,563a year · 0.75% of home value · U.S. $3,119
⚡ Electric bill$154a month (typical) · U.S. $156

Life in Placerville

Commute to work28.1 minU.S.: 26.4 min
College degree23.4%U.S.: 35.7%
Own their home58.3%U.S.: 65.2%
Below poverty line15.9%U.S.: 12.5%
Unemployment4.3%U.S.: 5.2%

Is it cheaper to rent or buy in Placerville?

Renting is cheaper right now: about $1,975 a month less.

Renting
$1,308
Owning
$3,283

Owning assumes a typical $473,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $47,310 for the down payment.

Frequently asked questions

What is the average rent in Placerville, CA?

Renting in Placerville costs a median of about $1,308 a month in 2026, including utilities. The California median is $2,357.

How much do I need to make to live in Placerville?

To keep rent under 30% of income, you need about $52,320 a year, or $25 an hour at a full-time job.

Is Placerville cheap or expensive?

Placerville is rated OK: rent takes 21.6% of the typical household income of $72,555. It ranks 48th cheapest of 653 California cities we track.

How much are property taxes in Placerville?

The median homeowner in Placerville pays $3,563 a year in property taxes, about 0.75% of the median home value.

Is Placerville 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 Placerville?

The median home value in Placerville is $473,100, about 6.5 times the typical yearly household income.

10,762 people live in Placerville. Numbers are typical (middle) values.