States › California › Truckee

Is Truckee, CA expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,23427% higher than U.S. average
💵 Families earn per year (2026)$140,703about $11,725/month · 62% higher than U.S. average
🔑 House price$947,900185% higher than U.S. average

Rent is higher than in 77% of U.S. cities. Household incomes are higher than in 87% of U.S. cities. A typical house costs about 6.7 years of household income, so buying is hard for most locals. It is a highly educated city: 60.8% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $89,360 a year. That is $43 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 292 of 653 cities from cheapest to most expensive.

Truckee
$2,234
$1,191
$3,500+
$1,983

How much do households earn in Truckee?

Under $25k
8.2%
$25k–50k
7.4%
$50k–100k
27.4%
$100k–150k
20.2%
$150k+
30.7%

Share of households by yearly income. 51.0% of households earn $100,000 or more.

Rent by apartment size in Truckee

SizeTruckeeU.S. average
Studio$967$1,338
1 bedroom$1,645$1,324
2 bedrooms$2,203$1,509
3 bedrooms$2,391$1,698
4 bedrooms$3,681$2,098

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

How expensive is Truckee 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 Truckee, so the California figure is shown.

Taxes and bills in Truckee

🏛️ Property tax$6,897a year · 0.73% of home value · U.S. $3,119
⚡ Electric bill$156a month (typical) · U.S. $156

Life in Truckee

Commute to work21.1 minU.S.: 26.4 min
College degree60.8%U.S.: 35.7%
Own their home73.4%U.S.: 65.2%
Below poverty line9%U.S.: 12.5%
Unemployment6.6%U.S.: 5.2%

Is it cheaper to rent or buy in Truckee?

Renting is cheaper right now: about $4,343 a month less.

Renting
$2,234
Owning
$6,577

Owning assumes a typical $947,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $94,790 for the down payment.

Frequently asked questions

What is the average rent in Truckee, CA?

Renting in Truckee costs a median of about $2,234 a month in 2026, including utilities. The California median is $2,357.

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

To keep rent under 30% of income, you need about $89,360 a year, or $43 an hour at a full-time job.

Is Truckee cheap or expensive?

Truckee is rated Cheap: rent takes 19.1% of the typical household income of $140,703. It ranks 292nd cheapest of 653 California cities we track.

How much are property taxes in Truckee?

The median homeowner in Truckee pays $6,897 a year in property taxes, about 0.73% of the median home value.

Is Truckee 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 Truckee?

The median home value in Truckee is $947,900, about 6.7 times the typical yearly household income.

17,066 people live in Truckee. Numbers are typical (middle) values.