Cost of Living in Rancho Calaveras, CA

With a cost of living index of 160, Rancho Calaveras, CA is one of the most expensive cities in the United States. Living here is 60% more expensive than the national average and 16% above the California state average of 144. Rancho Calaveras is a smaller community of 6,619 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Rancho Calaveras's cost of living. The median monthly rent is $2,840 (115% above the US median of $1,319), and the median home value sits at $435,900 (43% above the national median of $304,900). At current prices, the median home costs roughly 4.8x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Rancho Calaveras is $91,629, which is 22% higher than the national median of $75,149. Residents spend roughly 37% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. While incomes are above average, they do not fully offset the higher cost of living.

Climate is another factor for anyone considering a move to Rancho Calaveras. The area sees an average annual temperature of 63°F, with summers averaging 76°F and winters around 49°F. Annual rainfall totals 13.5 inches spread over roughly 57 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

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.