Cost of Living in Talmage, CA

With a cost of living index of 116, Talmage, CA is a notably expensive place to live. Living here is 16% more expensive than the national average and 27% below the California state average of 144. Talmage is a small community of 886 residents.

Housing costs are the biggest factor in Talmage's cost of living. The median monthly rent is $1,281 (3% below the US median of $1,319), and the median home value sits at $477,600 (57% above the national median of $304,900). At current prices, the median home costs roughly 9.8x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Talmage is $48,939, which is 35% lower than the national median of $75,149. Residents spend roughly 31% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened.

Climate is another factor for anyone considering a move to Talmage. The area sees an average annual temperature of 59.8°F, with summers averaging 73°F and winters around 48°F. Annual rainfall totals 34.8 inches spread over roughly 86 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.