Cost of Living in Mi-Wuk Village, CA

With a cost of living index of 127, Mi-Wuk Village, CA is a notably expensive place to live. Living here is 27% more expensive than the national average and 17% below the California state average of 144. Mi-Wuk Village is a small community of 743 residents.

Housing costs are the biggest factor in Mi-Wuk Village's cost of living. The median monthly rent is $1,441 (9% above the US median of $1,319), and the median home value sits at $549,100 (80% above the national median of $304,900). At current prices, the median home costs roughly 4.1x the median household income — a moderately affordable ratio by today's standards.

The median household income in Mi-Wuk Village is $132,870, which is 77% higher than the national median of $75,149. Residents spend roughly 13% 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.

Climate is another factor for anyone considering a move to Mi-Wuk Village. The area sees an average annual temperature of 49.5°F, with summers averaging 65°F and winters around 37°F. Annual rainfall totals 40.4 inches spread over roughly 71 days.

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.