Craig, CO vs Shasta Lake, CA: Cost of Living

Which city costs less?

Shasta Lake, CA has a modeled overall cost index 2.1% higher than Craig, CO.

Craig, CO · modeled 2BR rent
$1,710 / month
Shasta Lake, CA · modeled 2BR rent
$1,590 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Craig, CO and Shasta Lake, CA using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

$
Numbers update automatically as you type

Estimated extra cost: $72.85/month in Shasta Lake, CA

$150,000 in your current city has a modeled equivalent of $150,874 in Shasta Lake, CA

Regional cost estimates: Craig, CO uses Denver, CO. Shasta Lake, CA uses Sacramento, CA. Available city ZIP rent estimates are shown separately.
Overall Cost
↑ 2.1%
More expensive
Monthly Impact
$72.85
Extra cost
Annual Impact
$874
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Craig, CO

Population:9K
Cost Index:
84.5
100 = national average
Typical Home:$299K

Shasta Lake, CA

Population:10K
Cost Index:
86.2
100 = national average
Typical Home:$288K

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Craig, CO

The Centennial State

9K
Population
State Tax
Yes

Located in Colorado, this city has a population of 9K residents.

Shasta Lake, CA

The Golden State

10K
Population
State Tax
Yes

Located in California, this city has a population of 10K residents.

Cost Breakdown by Category

Estimated monthly spending: Craig, CO vs Shasta Lake, CA

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Housing
↑ 8.2%
Craig, CO
$2,536
Shasta Lake, CA
$2,745
Difference
$209
more
Transportation
↓ 6.7%
Craig, CO
$1,268
Shasta Lake, CA
$1,182
Difference
$85.35
less
Other
↓ 2.2%
Craig, CO
$1,539
Shasta Lake, CA
$1,505
Difference
$34.34
less
Healthcare
↓ 4.0%
Craig, CO
$625
Shasta Lake, CA
$601
Difference
$24.78
less
Groceries
↑ 0.8%
Craig, CO
$1,018
Shasta Lake, CA
$1,027
Difference
$8.26
more
All Utilities
↑ 0.0%
Craig, CO
$514
Shasta Lake, CA
$514
Difference
$0.10
more

🏠Rent Comparison

Studio
From$1,400
To$1,170
↓ $230
1 Bed
From$1,460
To$1,210
↓ $250
2 Bed
From$1,710
To$1,590
↓ $120
3 Bed
From$2,060
To$2,210
↑ $150
Craig, COZIP-level data

1BR range: $1,460–$1,460/mo

Shasta Lake, CAZIP-level data

1BR range: $1,210–$1,210/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in Craig, CO
$7,573
Monthly in Shasta Lake, CA
$72.85
Difference

Home Values

Craig
Shasta Lake
$299K
Median Value
$288K
↑ +2.6%
YoY Change
↓ -2.5%
↑ +45.8%
5-Year Change
↑ +15.8%

Homes in Shasta Lake are 4% less expensive than Craig

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
↓ $4.0K
More taxes
Monthly Difference
$336
Less take-home
Effective Rate Diff
2.7%
Rate difference

Craig, CO

Federal Income Tax
Effective: 18.9%
$25.5K
Colorado State Tax
Effective: 4.4%
$6.6K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.1%
$43.6K
Take-Home Pay
$8,866/month
$106.4K

Shasta Lake, CA

Federal Income Tax
Effective: 18.9%
$25.5K
California State Tax
Effective: 7.1%
$10.6K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 31.8%
$47.6K
Take-Home Pay
$8,530/month
$102.4K

Additional Tax Information

Craig, CO Tax Rates

Sales Tax:7.8%
Property Tax:0.5%

Shasta Lake, CA Tax Rates

Sales Tax:10.5%
Property Tax:0.8%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Craig
Shasta Lake
55 Moderate
Air Quality
51 Moderate
35.2%
Good Air Days
49.7%
95 High
Climate Risk
98 High
🌊🌪💨
Top Hazards
🌊☀🫨
▲+3.3°F
2050 Outlook
▲+2.4°F
28 days
Heat Days >95°F
69 days
▲+3.3°F
2050 Outlook
▲+2.4°F
28 days
Heat Days >95°F
69 days

Before moving from Craig, CO to Shasta Lake, CA

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in Shasta Lake, CA for the same bedroom count and included utilities as your home in Craig, CO. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Craig to Shasta Lake moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Shasta Lake, CA by cost, housing, population and region.

Frequently Asked Questions: Craig, CO vs Shasta Lake, CA

How do the cost estimates for Craig, CO and Shasta Lake, CA compare?

Shasta Lake, CA has a modeled overall cost index 2.1% higher than Craig, CO. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Craig, CO, the model estimates $150,874 in Shasta Lake, CA. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Craig, CO and Shasta Lake, CA?

The modeled two-bedroom rents are $1,710/month in Craig, CO and $1,590/month in Shasta Lake, CA. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

💰 See how taxes change too — compare take-home pay between Colorado and California on TaxTakeHome.com

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