Cost of Living in Nevada

Avg Index: 111

24 cities · Updated March 2026

$1,478
Avg Rent / Month
$79,531
Avg Income
$399,579
Avg Home Value
111
Avg Cost Index
0%
Income Tax
6.85%
Sales Tax
Cheapest in Nevada
Pahrump
Index: 82 · Rent: $1,152/mo
Most Expensive in Nevada
Summerlin South
Index: 176 · Rent: $2,400/mo

Nevada Cost of Living Overview

Nevada is more expensive than the national average, with an average cost index of 111 across 24 cities. The average monthly rent across Nevada cities is $1,478, with median household incomes averaging $79,531 per year. The cheapest city is Pahrump (index 82) and the most expensive is Summerlin South (index 176).

Nevada has no state income tax, making it attractive for high earners. However, the 6.85% sales tax and 0.53% property tax rate offset some of those savings.

All 24 Cities in Nevada — Ranked by Cost

Sorted from cheapest to most expensive (US average = 100)

#CityCost Index RentIncomeHome ValuePopulation
1 Pahrump 82 $1,152/mo $58,560 $283,400 45,811
2 Winchester 85 $1,152/mo $49,190 $287,100 37,774
3 Elko 87 $1,174/mo $75,630 $285,400 20,624
4 Sun Valley 89 $1,161/mo $76,108 $321,000 22,697
5 Sunrise Manor 90 $1,284/mo $55,034 $290,900 199,099
6 Mesquite 91 $1,114/mo $74,439 $374,400 21,314
7 Paradise 99 $1,287/mo $58,874 $358,400 186,178
8 Whitney 99 $1,477/mo $63,480 $299,700 46,268
9 Spring Creek 100 $1,391/mo $104,381 $318,200 14,967
10 Carson 102 $1,172/mo $71,809 $426,700 58,364
11 Dayton 106 $1,279/mo $91,221 $399,400 15,873
12 Boulder 107 $1,375/mo $69,145 $424,200 14,888
13 Fernley 108 $1,463/mo $87,991 $352,600 23,631
14 Las Vegas 111 $1,456/mo $70,723 $395,300 650,873
15 North Las Vegas 114 $1,605/mo $76,772 $372,300 270,773
16 Gardnerville Ranchos 118 $1,456/mo $87,971 $464,800 12,185
17 Spring Valley 119 $1,642/mo $72,364 $407,900 219,913
18 Reno 122 $1,453/mo $78,448 $498,600 268,959
19 Sparks 126 $1,651/mo $86,979 $455,900 109,106
20 Cold Springs 127 $1,854/mo $82,450 $417,800 11,223
21 Henderson 131 $1,750/mo $88,654 $465,000 324,523
22 Enterprise 133 $1,823/mo $93,980 $449,300 232,043
23 Spanish Springs 153 $1,905/mo $121,250 $600,000 17,512
24 Summerlin South 176 $2,400/mo $113,301 $641,600 30,075

Frequently Asked Questions

Common questions about cost of living in Nevada

What is the cost of living in Nevada?
The average cost of living index across 24 cities in Nevada is 111 (US average = 100). Average rent is $1,478/month and median household income averages $79,531/year.
What is the cheapest city in Nevada?
The cheapest city in Nevada is Pahrump with a cost index of 82, median rent of $1,152/month, and median income of $58,560/year.
What is the most expensive city in Nevada?
The most expensive city in Nevada is Summerlin South with a cost index of 176, median rent of $2,400/month, and median income of $113,301/year.
What are taxes like in Nevada?
Nevada has a top income tax rate of 0%, a sales tax of 6.85%, and an effective property tax rate of 0.53%. There is no state income tax.
How many cities does CostToLive cover in Nevada?
We track cost of living data for 24 cities in Nevada with populations of 10,000 or more, using US Census Bureau ACS 2023 data.