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Nevada Cost of Living (NV)

The cost of living in Nevada (NV) is lower than the nationwide average. The average yearly pay in Nevada is $44,119.00, which is lower than the U.S. average annual salary by $5,689.00. The consumer price index (CPI) of 224 in Nevada is 3.86% lower than the U.S. city average CPI of 233. The sales tax is 6.85%.

The CPI calculation is based on a statistical model that takes into account some of the major personal consumption categories such as healthcare, transportation, housing, education and food, in addition to the average Nevada annual salary, sales tax rates and the regional consumer price index.


Nevada Consumer Price Index (CPI):
CPI
Nevada
224
U.S. City Average
233
Average Annual Pay:
U.S. Dollars
Nevada
$44,119
U.S. City Average
$49,808
Consumption Categories in Nevada versus National Average:
Category Percentage Versus National Average
Education -38.62%
86.31%
0%
Healthcare -15.84%
35.40%
0%
Groceries -12.92%
28.87%
0%
Rent -0.59%
1.32%
0%
Mortgage 40.68%
0%
90.91%
Electricity 0.45%
0%
1.01%
Gasoline 1.63%
0%
3.64%



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