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Cost of Living in Nevada (NV)

The cost of living in Nevada is lower than the national average. State of Nevada salaries average $47,114.00, indicating a pay rate that is lower than the U.S. average annual salary by $6,507.00. The consumer price index (CPI) of 233 in Nevada is 4.90% lower than the U.S. city average CPI of 245. 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
233
U.S. City Average
245
Average Annual Pay:
U.S. Dollars
Nevada
$47,114
U.S. City Average
$53,621
Consumption Categories in Nevada versus National Average:
Category Percentage Versus National Average
Education -37.30%
90.91%
0%
Healthcare -17.26%
42.07%
0%
Groceries -11.40%
27.78%
0%
Rent 0.88%
0%
2.14%
Mortgage 1.88%
0%
4.58%
Electricity -11.18%
27.25%
0%
Gasoline 11.76%
0%
28.66%


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