Here's what it costs to live in Palm Springs, California, based on the latest US government data. Renters pay a median of $1,562 per month, while the typical home is valued around $604,000. Households earn a median of $73,119 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$73,119
Median Income / yr
Census ACS
$1,562
Median Rent / mo
Census ACS
$604,000
Median Home Value
Census ACS
N/A
Cost of Living Index
1BR Fair Market Rent
N/A
HUD · FY2024
2BR Fair Market Rent
N/A
HUD · FY2024
3BR Fair Market Rent
N/A
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | N/A |
| Registered Nurse | N/A |
| Elementary Teacher | N/A |
| Electrician | N/A |
| Accountant | N/A |
| Plumber | N/A |
| Nurse Practitioner | N/A |
| Civil Engineer | N/A |
| Operations Manager | N/A |
| Market Research Analyst | N/A |
| Health Services Manager | N/A |
| Truck Driver | N/A |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
45,070
Latest estimate
Median Age
58.5 yrs
Census ACS
AQI data not available
Source: EPA AirNow
Total Neighborhoods
8
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,309
Per month
Avg Home Value
$395,700
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 92234 | — | $1,445 | $381,800 |
| ZIP 92258 | — | $867 | — |
| ZIP 92260 | — | $1,478 | $424,100 |
| ZIP 92262 | — | $1,332 | $540,600 |
| ZIP 92264 | — | $1,492 | $456,100 |
| ZIP 92276 | — | $1,318 | $252,800 |
| ZIP 92282 | — | $1,216 | $264,900 |
| ZIP 92549 | — | $1,327 | $449,600 |
January Avg
58°F
July Avg
94°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Dry/Arid · Source: NOAA/NCEI 30-year normals.
Healthcare Score
31.2
poor
Hospitals
1
Doctors per 1,000
1.00
Insurance Coverage
95.0%
The cost of living index for Palm Springs is not yet available.
The median gross rent in Palm Springs is $1,562 per month according to US Census ACS data.
The median household income in Palm Springs is $73,119 per year.
The median home value in Palm Springs is $604,000 based on the latest Census ACS survey.
Air quality data for Palm Springs is not yet available.
Tax data for California is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology