Cost of Living in Clearlake Riviera, CA

With a cost of living index of 118, Clearlake Riviera, CA is a notably expensive place to live. Living here is 18% more expensive than the national average and 26% below the California state average of 144. Clearlake Riviera is a small community of 4,287 residents.

Housing costs are the biggest factor in Clearlake Riviera's cost of living. The median monthly rent is $1,779 (35% above the US median of $1,319), and the median home value sits at $313,600 (3% above the national median of $304,900). At current prices, the median home costs roughly 3.3x the median household income — a moderately affordable ratio by today's standards.

The median household income in Clearlake Riviera is $94,167, which is 25% higher than the national median of $75,149. Residents spend roughly 23% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. While incomes are above average, they more than offset the higher cost of living.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.