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Cost of Living in Palm Desert, CA

Population 51,990 · Census ACS 2020–2024 5-year estimates

Median rent$1,778
Median home value$542,000
Median household income$77,513

The median rent in Palm Desert, CA is $1,778/month, 13% lower than the California median and 26% higher than the U.S. median. The median home value is $542,000, 63% higher than the national median. Households earn a median of $77,513 a year, 22% lower than the state median.

Affordability

Rent as a share of median income: 27.5%
Income needed for median rent (30% rule): $71,120/yr
Home price-to-income ratio: 7.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,741/mo

Run your own numbers: mortgage calculator · hourly to salary

Palm Desert vs. California vs. U.S.

Palm DesertCaliforniaU.S.
Median rent$1,778$2,036$1,413
Median home value$542,000$734,700$332,700
Median household income$77,513$99,122$80,734
Homeownership rate65.0%55.9%65.2%
Bachelor's degree or higher40.7%37.1%35.7%
Poverty rate11.0%12.0%12.5%
Unemployment rate6.4%6.6%5.2%
Work from home14.9%17.2%15.1%
Median age57.537.938.9

FAQ

What is the average rent in Palm Desert, CA?

The median gross rent in Palm Desert, CA is $1,778 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Palm Desert, CA?

Using the common 30% rule, renting a median-priced home takes about $71,120 a year in gross income.

Is Palm Desert, CA expensive to live in?

Rent there is 26% higher than the U.S. median, and the median home costs about 7.0 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

Palm Coast, FLRent $1,782 · Income $77,350El Mirage, AZRent $1,806 · Income $78,050Lynnwood, WARent $1,742 · Income $77,704Brandon, FLRent $1,784 · Income $79,685Palm Harbor, FLRent $1,806 · Income $78,935McDonough, GARent $1,792 · Income $75,343

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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