Cost of Living Index in Nevada

106.0
Cost of living index
19th most expensive
Rank
100
U.S. average

Historical data

Coming soon

Long-run charts for this indicator are on the way.

Compared to the United States

IndicatorNevadaUnited States
Cost of living index106100

National ranking

Nevada ranks #27 of 49 states by cost of living index.

#1Alaska4
#2Vermont12
#3Wyoming14
#4Oklahoma87
#5Missouri88.5
#6Tennessee90.3
#7Kentucky91
#8Indiana91
#9Ohio91.5
#10Michigan92.1
#11South Dakota92.4
#12Texas92.6
#13Georgia92.8
#14Louisiana93
#15Illinois94.3
#16New Mexico94.5
#17Wisconsin95.1
#18Pennsylvania95.6
#19North Carolina95.7
#20Minnesota97
#21Florida100.7
#22Delaware101.1
#23Virginia101.5
#24Montana102.9
#25Utah103.5
#26Colorado105
#27Nevada106
#28Arizona108
#29Rhode Island110.2
#30Maine111.5
#31Oregon113
#32New Jersey113.4
#33Washington114.5
#34New Hampshire115
#35Connecticut116
#36Hawaii116
#37Arkansas116
#38Mississippi116
#39Alabama116
#40South Carolina116
#41West Virginia116
#42Nebraska116
#43Maryland116
#44Iowa116
#45Idaho116
#46Kansas116
#47New York125.1
#48California138
#49Massachusetts144.7

Overview

Nevada's cost of living index stands at 106.0, a key indicator for anyone evaluating cost of living index in the state. Additional figures include rank: 19th most expensive, u.s. average: 100, giving a fuller picture of cost of living index trends across Nevada. Nevada's overall cost of living is close to the national average, helped by having no state income tax, though Las Vegas and Reno rents have risen sharply since 2020.

Did you know?

  • Nevada has no state income tax, which partly offsets its above-average housing costs.
  • Las Vegas rents rose faster than almost any large U.S. metro between 2021 and 2023.

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