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

Which city costs less?

Craig, CO has a modeled overall cost index 2.0% lower than Shasta Lake, CA.

Shasta Lake, CA · modeled 2BR rent
$1,590 / month
Craig, CO · modeled 2BR rent
$1,710 / 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 Shasta Lake, CA and Craig, CO 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 savings: $72.15/month in Craig, CO

$150,000 in your current city has a modeled equivalent of $149,134 in Craig, CO

Regional cost estimates: Shasta Lake, CA uses Sacramento, CA. Craig, CO uses Denver, CO. Available city ZIP rent estimates are shown separately.
Overall Cost
↓ 2.0%
Less expensive
Monthly Impact
$72.15
Savings
Annual Impact
$866
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.

Shasta Lake, CA

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

Craig, CO

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

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Shasta Lake, CA

The Golden State

10K
Population
State Tax
Yes

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

Craig, CO

The Centennial State

9K
Population
State Tax
Yes

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

Cost Breakdown by Category

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

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
↓ 7.6%
Shasta Lake, CA
$2,718
Craig, CO
$2,511
Difference
$207
less
Transportation
↑ 7.2%
Shasta Lake, CA
$1,171
Craig, CO
$1,256
Difference
$84.53
more
Other
↑ 2.3%
Shasta Lake, CA
$1,490
Craig, CO
$1,524
Difference
$34.01
more
Healthcare
↑ 4.1%
Shasta Lake, CA
$595
Craig, CO
$619
Difference
$24.54
more
Groceries
↓ 0.8%
Shasta Lake, CA
$1,017
Craig, CO
$1,009
Difference
$8.18
less
All Utilities
↓ 0.0%
Shasta Lake, CA
$509
Craig, CO
$509
Difference
$0.10
less

🏠Rent Comparison

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

1BR range: $1,210–$1,210/mo

Craig, COZIP-level data

1BR range: $1,460–$1,460/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 Shasta Lake, CA
$7,428
Monthly in Craig, CO
$72.15
Difference

Home Values

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

Homes in Craig are 4% more expensive than Shasta Lake

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
↑ $4.0K
Per year
Monthly Difference
$336
More take-home
Effective Rate Diff
2.7%
Rate difference

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

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

Additional Tax Information

Shasta Lake, CA Tax Rates

Sales Tax:10.5%
Property Tax:0.8%

Craig, CO Tax Rates

Sales Tax:7.8%
Property Tax:0.5%

💡 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

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

Before moving from Shasta Lake, CA to Craig, CO

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

  1. Compare actual homes. Get current quotes in Craig, CO for the same bedroom count and included utilities as your home in Shasta Lake, CA. 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 Shasta Lake to Craig moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Craig, CO by cost, housing, population and region.

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

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

Craig, CO has a modeled overall cost index 2.0% lower than Shasta Lake, CA. 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 Shasta Lake, CA, the model estimates $149,134 in Craig, CO. 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 Shasta Lake, CA and Craig, CO?

The modeled two-bedroom rents are $1,590/month in Shasta Lake, CA and $1,710/month in Craig, CO. 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 California and Colorado on TaxTakeHome.com

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