Cost of Living in Shaver Lake, CA

With a cost of living index of 124, Shaver Lake, CA is a notably expensive place to live. Living here is 24% more expensive than the national average and 20% below the California state average of 144. Shaver Lake is a small community of 355 residents.

The median household income in Shaver Lake is $131,875, which is 75% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

Climate is another factor for anyone considering a move to Shaver Lake. The area sees an average annual temperature of 65°F, with summers averaging 81°F and winters around 49°F. Annual rainfall totals 11 inches spread over roughly 47 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Fresno, CA (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 6 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.