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Cost of Living in Los Gatos, CA

Population 32,786 · Census ACS 2020–2024 5-year estimates

Median rent$3,247
Median home value$2,000,001
Median household income$217,554

The median rent in Los Gatos, CA is $3,247/month, 59% higher than the California median and 130% higher than the U.S. median. The median home value is $2,000,001, 501% higher than the national median. Households earn a median of $217,554 a year, 119% higher than the state median.

Affordability

Rent as a share of median income: 17.9%
Income needed for median rent (30% rule): $129,880/yr
Home price-to-income ratio: 9.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $10,113/mo

Run your own numbers: mortgage calculator · hourly to salary

Los Gatos vs. California vs. U.S.

Los GatosCaliforniaU.S.
Median rent$3,247$2,036$1,413
Median home value$2,000,001$734,700$332,700
Median household income$217,554$99,122$80,734
Homeownership rate64.9%55.9%65.2%
Bachelor's degree or higher75.0%37.1%35.7%
Poverty rate4.2%12.0%12.5%
Unemployment rate5.0%6.6%5.2%
Work from home33.0%17.2%15.1%
Median age44.737.938.9

FAQ

What is the average rent in Los Gatos, CA?

The median gross rent in Los Gatos, CA is $3,247 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Los Gatos, CA?

Using the common 30% rule, renting a median-priced home takes about $129,880 a year in gross income.

Is Los Gatos, CA expensive to live in?

Rent there is 130% higher than the U.S. median, and the median home costs about 9.2 times the median household income.

Other cities in California

Los Angeles, CARent $1,933 · Income $81,939San Diego, CARent $2,313 · Income $108,077San Jose, CARent $2,669 · Income $146,427San Francisco, CARent $2,476 · Income $140,970Fresno, CARent $1,421 · Income $70,991Sacramento, CARent $1,779 · Income $87,321

Cities with a similar cost of living

Colleyville, TXRent $3,263 · Income $218,328Parkland, FLRent $3,157 · Income $198,669Garden City, NYRent $3,265 · Income $244,152Mill Creek East, WARent $3,152 · Income $192,937University Park, TXRent $3,272 · Income $250,001Plainview, NYRent $3,392 · Income $189,906

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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