Cost of Living in El Dorado County, California

$1,626/mo
Median Monthly Rent
$640,500
Median Home Value

At a Glance

Median Monthly Rent
$1,626/mo
0% above state average
Median Home Value
$640,500
127% above national
Rent-to-Income Ratio
33.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How El Dorado County Compares

Median monthly rent comparison

El Dorado County$1,626/mo
California Average$1,618/mo
National Median$1,163/mo

Detailed Housing Stats

$1,626/mo
Median Gross Rent
$640,500
Median Home Value
$2,190/mo
Monthly Owner Cost
33.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

El Dorado County ranks #1,616 of 3,144 counties for affordability (bottom 49%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in El Dorado County, California

El Dorado beats national affordability

Renters in El Dorado County spend just 18.4% of income on housing, well below the national norm and significantly better than California's 22.4% average. With a median household income of $106,190—42% above the national median of $74,755—El Dorado residents have more breathing room in their budgets than most Americans.

Among California's most affordable

El Dorado County ranks as one of California's most housing-friendly markets, with a rent-to-income ratio of 18.4% compared to the state average of 22.4%. This advantage reflects both strong local incomes and relatively moderate housing costs for the region.

Sierra foothill affordability edge

El Dorado's median rent of $1,626 is comparable to neighboring Alpine and Amador counties, but its significantly higher median income of $106,190 makes housing more affordable here than in surrounding mountain communities. Renters pay 18.4% of income toward housing versus over 20% in most adjacent counties.

Where El Dorado incomes go

El Dorado renters dedicate about $1,626 monthly to rent while homeowners face $2,190 in monthly ownership costs, with a median home value of $640,500. The median household income of $106,190 absorbs these costs comfortably, leaving 18.4% for housing and 81.6% for other expenses.

Consider El Dorado for stability

If you're relocating from a high-cost coastal area, El Dorado offers genuine affordability without sacrificing income potential—the county's $106,190 median income suggests strong job prospects. Compare this against similarly-priced homes in neighboring counties to see how El Dorado's wage advantage translates to real financial relief.

Cost of Living Advisory: El Dorado County

Affordability Verdict

El Dorado County is affordable for renters, with a median gross rent of $1,626/month representing approximately 18.4% of median household income. The rent burden (GRAPI) stands at 33.0%.

Rent vs. Own

At $1,626/month rent versus $2,190/month in owner costs, renting is roughly $564/month cheaper — a 26% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $65,040/year. For owner costs at the 28% rule, the required income is roughly $93,857/year. With a median household income of $106,190, most households can comfortably afford rent here. Notably, 33.0% of renter households in El Dorado County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Sacramento County where rent averages $1,702/month, El Dorado County is approximately 4% less expensive.

Affordability Calculator

See how your income compares to housing costs in El Dorado County

$

Rent Burden

18.4%

of gross income

Max Housing (28% Rule)

$2,478

per month

Owner Cost Burden

24.7%

of gross income

The median home in El Dorado County may be a stretch

Median home value is $640,500. Estimated monthly cost: $5,113 vs. your max of $2,478.

Rent Affordability Guide

Your rent-to-income ratio18.4%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $106,190Needed: $65,040
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $106,190Needed: $93,857
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $106,190Needed: $149,062

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in El Dorado County, California?
El Dorado County, California has a median monthly rent of $1,626/mo and a median home value of $640,500. The affordability rating is Unaffordable, with rent making up approximately 33.0% of median household income.
What is the median rent in El Dorado County?
The median gross rent in El Dorado County is $1,626/mo. This is 0% above state average for California.
Is El Dorado County affordable?
El Dorado County is rated Unaffordable based on rent-to-income ratio of 33.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does El Dorado County's rent compare to the state average?
El Dorado County's median rent of $1,626/mo is 0% above state average of $1,618/mo for California.
What is the median home value in El Dorado County?
The median home value in El Dorado County, California is $640,500. This is 127% above the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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