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.
How much do households earn in Truckee?
Share of households by yearly income. 51.0% of households earn $100,000 or more.
Rent by apartment size in Truckee
| Size | Truckee | U.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).
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
Life in Truckee
Is it cheaper to rent or buy in Truckee?
Renting is cheaper right now: about $4,343 a month less.
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.