Nevada

NV

West · 3 cities tracked · Updated 2026

Nevada is close to the national average. Across the 3 cities we track, the cost of living index averages 98 (US = 100) and typical rent averages $1,957 a month, 1% above the national figure of $1,932.

State Averages

Avg Gas Price

$5.04

Regular unleaded

Avg Rent

$1,957

All units/mo

Avg COL Index

98

vs. 100 national avg

Nevada Cost of Living Analysis

Where the money goes

The biggest cost pressure in Nevada is car insurance, at 34% above the national average. The biggest break is electricity, at 31% below it.

Rent trend

Rent rose an average of 4.8% over the past year across the 3 cities we track, faster than the 2.7% national change. Reno saw the biggest move (up 8.2%), while Las Vegas was up just 0.5%.

City to city

Where you live inside Nevada matters. Typical rent runs from $1,732 in Las Vegas to $2,070 in Carson City, a gap of $338 a month or about $4,056 a year.

Affordability

Rent, gas, groceries, electricity and car insurance take about 52% of median household income in the counties we track, which ranks the 6th highest of 51 states. Median household income there averages $72,579 (Census ACS 2023). Groceries are counted at what the average household in the region spends on food at home (BLS Consumer Expenditure Survey).

Energy and driving

Regular gas costs $5.04 a gallon, 27% above the $3.98 national average. A typical electric bill runs about $115 a month versus $166 nationally, and full coverage car insurance averages $2,880 a year versus $2,150.

Groceries

Grocery prices in the West rose 2.4% over the past year (BLS food at home), compared with 1.8% nationally. Item prices on our city pages are national BLS averages, so local stores may be higher or lower.

Built from the AAA, Zillow, EIA, Bankrate, BLS and Census data on this site. National comparisons use typical rent of $1,932 a month and gas of $3.98 a gallon. See the methodology.

Cities in Nevada

Median Household Income by County

Source: Census ACS 5-Year 2023 · 16 counties

CountyMedian Income
1Storey County$96,000
2Douglas County$88,018
3Washoe County$85,600
4Lander County$84,474
5Elko County$83,427
6Humboldt County$79,946
7Clark County$73,845
8Lyon County$73,460
9Churchill County$73,268
10Eureka County$73,095
11White Pine County$72,294
12Pershing County$72,007
13Carson City$71,809
14Lincoln County$69,496
15Nye County$55,975
16Mineral County$50,584

Nevada Cost of Living FAQ

Is Nevada expensive to live in?

Nevada is close to the national average. Across the 3 cities we track, the cost of living index averages 98, where 100 is the US average.

What is the average rent in Nevada?

Typical rent in Nevada averages $1,957 a month across the 3 cities we track as of September 2026, 1% above the national typical rent of $1,932. That ranks the 11th highest of 51 states. The figure is the Zillow Observed Rent Index for all home types.

What is the cheapest city to live in Nevada?

Of the 3 cities we track in Nevada, Carson City has the lowest cost of living index at 92. The lowest typical rent is in Las Vegas, at $1,732 a month.

What is the most expensive city in Nevada?

Reno has the highest cost of living index of the cities we track in Nevada, at 105. The highest typical rent is in Carson City, at $2,070 a month.

How much is gas in Nevada?

Regular unleaded averages $5.04 a gallon in Nevada as of November 11, 2026 (AAA state average), 27% above the national average of $3.98. That is the 3rd most expensive of 51 states.

Is rent going up in Nevada?

Rent in Nevada rose an average of 4.8% over the past year across the 3 cities we track, compared with a 2.7% change nationally.

How much is electricity in Nevada?

Residential electricity in Nevada averages 12.7 cents per kWh (EIA), versus 18.4 cents nationally. At 900 kWh a month, a typical bill is about $115.

How much is car insurance in Nevada?

Full coverage car insurance in Nevada averages $2,880 a year, or about $240 a month (Bankrate and NAIC), compared with $2,150 a year nationally. That is the 5th highest of 51 states.