What is the cost of living in Nevada?

Nevada has an average cost of living index of 106, which is 5% below the national average of 111. Average monthly rent across tracked cities is $1,817, and average median household income is $80,315.

What is the cheapest city in Nevada?

Las Vegas is the most affordable city tracked in Nevada, with a cost index of 99 and median rent of $1,695/month.

What is the most expensive city in Nevada?

Sparks is the most expensive city tracked in Nevada, with a cost index of 115 and median rent of $1,967/month.

What is the average rent in Nevada?

The average monthly rent across 5 tracked cities in Nevada is $1,817. The cheapest rent is in Las Vegas at $1,695/month.

What is the average household income in Nevada?

The average median household income across tracked cities in Nevada is $80,315. The highest-earning city is Henderson at $88,654.

Is Nevada affordable to live in?

Nevada's average rent-to-income ratio is 27.3%. Financial advisors recommend keeping rent below 30% of gross income. Nevada is generally considered affordable, with rent taking less than 30% of typical incomes.

Home/Nevada

5 cities tracked

Nevada

Compare affordability, taxes, rent pressure, and earnings across Nevada’s tracked cities with a single state-level intelligence view.

All Rankings

Most affordable: Las Vegas

Highest income: Henderson

Avg rent: $1,817

Avg Cost Index

0/ 100

State Population

Avg Income

Avg Rent

$0/mo

Avg Home Price

Tracked City Pop

State Intelligence Overview

Core metrics, city comparisons, and tax signals

Most Affordable

Las Vegas

Index: 99Rent: $1,695

Most Expensive

Sparks

Index: 115Rent: $1,967

Highest Income

Henderson

$88,654Rent: $1,772

Nevada vs National Average

Cost Index

106

-4.5% vs avg

Avg Rent

$1,817

-4.1% vs avg

Avg Income

$80,315

-0.1% vs avg

Cities in Nevada

City	Cost	Rent	Income	Home Price	Pop	Rent/Inc
Las Vegas	99	$1,695	$70,723	$422,842	660,929	28.8%
Henderson	103	$1,772	$88,654	$483,159	337,305	24.0%
North Las Vegas	106	$1,819	$76,772	$404,089	284,771	28.4%
Reno	107	$1,830	$78,448	$559,591	274,915	28.0%
Sparks	115	$1,967	$86,979	$523,431	110,323	27.1%