Cost of Living in Nevada
Updated November 2026 · population 3,184,612
Nevada prices are equal to the US average (index 100.0), ranking 18th most expensive of 51 states and DC; utilities is the biggest saving at 90.5, and a single adult's modelled budget at state-average prices is about $2,793 a month.
Prices by category
Nevada price index by category, US average = 100: All items 100.0, Housing (rents) 114.1, Goods 96.3, Utilities 90.5, Other services 98.7
| Area | All items |
|---|---|
| Nevada (whole state) | 100.0 |
| Metropolitan areas of Nevada | 100.3 |
| Nonmetropolitan areas of Nevada | 94.8 |
Cities in Nevada
Select a column heading to sort.
| Las Vegas | 660,400 | 99.9 | $2,741 | $5,484 | $1,563 | $427,900 |
| Henderson | 332,141 | 103.2 | $3,078 | $5,837 | $1,824 | $484,900 |
| North Las Vegas | 278,595 | 101.7 | $2,765 | $5,492 | $1,705 | $404,400 |
| Reno | 273,212 | 101.8 | $2,867 | $5,736 | $1,556 | $548,300 |
| Enterprise | 240,464 | 104.6 | $3,086 | $5,849 | $1,934 | $475,500 |
| Spring Valley | 219,187 | 102.2 | $2,994 | $5,668 | $1,743 | $433,800 |
| Sunrise Manor | 200,218 | 97.7 | $2,600 | $5,274 | $1,397 | $320,000 |
| Paradise | 185,913 | 97.4 | $2,707 | $5,452 | $1,372 | $384,200 |
| Sparks | 110,024 | 104.0 | $2,886 | $5,762 | $1,716 | $483,800 |
| Carson City | 58,384 | 98.3 | $2,558 | $5,366 | $1,248 | $453,000 |
| Elko | 20,696 | 94.8 | $2,434 | $5,275 | $1,267 | $309,100 |
Metro areas in Nevada
| Metro area | All items | Housing |
|---|---|---|
| Reno, NV | 101.0 | 123.5 |
| Las Vegas-Henderson-North Las Vegas, NV | 100.2 | 115.5 |
| Carson City, NV | 98.1 | 101.2 |
BEA Regional Price Parities 2024 for metropolitan statistical areas that include part of Nevada.
Modelled monthly budget at Nevada average prices
1 adult · 1-bedroom · modelled estimate for Nevada (state average)
| Category | Per month | Per year | Share |
|---|---|---|---|
| Housing (rent) | $1,134 | $13,608 | 41% |
| Utilities | $227 | $2,724 | 8% |
| Food at home | $272 | $3,264 | 10% |
| Transportation | $651 | $7,812 | 23% |
| Health care | $347 | $4,164 | 12% |
| Clothing, personal care & supplies | $162 | $1,944 | 6% |
| Total | $2,793 | $33,516 | 100% |
2 adults · 2-bedroom · modelled estimate for Nevada (state average)
| Category | Per month | Per year | Share |
|---|---|---|---|
| Housing (rent) | $1,351 | $16,212 | 30% |
| Utilities | $362 | $4,344 | 8% |
| Food at home | $501 | $6,012 | 11% |
| Transportation | $1,286 | $15,432 | 29% |
| Health care | $643 | $7,716 | 14% |
| Clothing, personal care & supplies | $319 | $3,828 | 7% |
| Total | $4,462 | $53,544 | 100% |
2 adults + 2 children · 3-bedroom · modelled estimate for Nevada (state average)
| Category | Per month | Per year | Share |
|---|---|---|---|
| Housing (rent) | $1,651 | $19,812 | 30% |
| Utilities | $441 | $5,292 | 8% |
| Food at home | $715 | $8,580 | 13% |
| Transportation | $1,715 | $20,580 | 31% |
| Health care | $599 | $7,188 | 11% |
| Clothing, personal care & supplies | $411 | $4,932 | 7% |
| Total | $5,532 | $66,384 | 100% |
state figures Rents are Census ACS state medians by bedrooms. See the methodology.
Electricity and gas and inflation
Residential electricity
12.72¢/kWh, August 2026
12-month change +1.4% · US 18.16¢
Regular gasoline regional figure: West Coast excl. California (PADD 5)
$4.77/gal, week of 2026-11-02
12-month change +25.9% · US $4.15
Consumer prices in the West region rose +3.4% over the 12 months to September 2026 (US +3.7%; BLS CPI-U).
Price level history
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Nevada | 98.8 | 97.2 | 95.4 | 96.3 | 97.9 | 100.0 |
Change over the period: +1.1 points. Each year is measured relative to that year's US average.
Frequently asked questions
Is Nevada an expensive state to live in?
Nevada has a cost of living index of 100.0 (US = 100), equal to the US average. It ranks 18th of 51 (1 = most expensive). Housing is 114.1 (rank 13), goods 96.3, utilities 90.5 and other services 98.7. Source: BEA Regional Price Parities 2024.
How much does it cost to live in Nevada?
At Nevada state-average prices, our modelled monthly budget is $2,793 for a single adult, $4,462 for a couple and $5,532 for a family of four, before taxes and child care. Costs vary widely within the state: metro areas average 100.3 and nonmetro areas 94.8.
What is the median rent and home value in Nevada?
The median gross rent in Nevada is $1,597 a month and the median home value is $435,400 (Census ACS 2020-2024). The typical renter spends 33.1% of income on rent.
Sources
- BEA Regional Price Parities 2024 (state, state metro and nonmetro portions, MSAs).
- U.S. Census Bureau ACS 5-year 2020-2024, state 32.
- EIA-861M residential electricity (August 2026); EIA weekly retail gasoline (West Coast excl. California (PADD 5), 2026-11-02).
- BLS CPI-U, West region (September 2026).
Budgets are modelled estimates, not observed spending. Not financial advice. Methodology