Fallon, NV Cost Of Living
Cost Of Living In Fallon, NV Summary
Cost of living in Fallon research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Fallon is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Nevada, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Fallon is 102, with 100 being the average.
The cost of living index in Fallon is 1.0x higher than the national average.
Fallon ranks as the #6 cheapest in Nevada out of 32.
Fallon ranks as the #2,846 cheapest out of 6,489 in the US.
The median home value in Fallon is $382,269.
The median income in Fallon is $65,699.
Table Of Contents
Fallon's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Fallon, NV?
According to the most recent data on the cost of living, Fallon has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Nevada, Fallon has a cost of living index that's 1.0x higher than Nevada's index of 101.
The standard of living in Fallon ranks as #6 most affordable out of the 32 places we measured in Nevada. By definition, that implies Fallon ranks as the #26 most expensive place in the Silver State.
For more reading on life in Fallon, check out:
In Nevada
In America
Fallon Cost Of Living Vs. Nevada
Six factors go into calculating the cost of living index in Fallon. Here is how it fairs on each of the criteria:
The Services index in Fallon is 100.
The Groceries index in Fallon is 100.
The Health index in Fallon is 94.
The Housing index in Fallon is 101.
The Transportation index in Fallon is 120.
The Utilities index in Fallon is 91.
| Living Expense | Fallon | Nevada | National Average | |
|---|---|---|---|---|
| Overall | 102 | 101 | 100 | |
| Services | 100 | 93 | 100 | |
| Groceries | 100 | 104 | 100 | |
| Health | 94 | 94 | 100 | |
| Housing | 101 | 105 | 100 | |
| Transportation | 120 | 118 | 100 | |
| Utilities | 91 | 101 | 100 | |
Fallon, NV Housing Cost Breakdown
Housing swings affordability the most between places in Nevada, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Fallon is $382,269.
The Median Rent in Fallon is $1,194.
The Median Income in Fallon is $65,699.
The Home Value To Income in Fallon is 5.8x.
The Rent To Monthly Income in Fallon is 0.22x.
Median Home Value
Median Rent
Median Income
Fallon, NV Costs By Category
Detailed Fallon Services Costs Vs. Nevada
Detailed Fallon Groceries Costs Vs. Nevada
Detailed Fallon Health Costs Vs. Nevada
Detailed Fallon Transportation Costs Vs. Nevada
Detailed Fallon Utilities Costs Vs. Nevada
Fallon SnackAbility
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Cost Of Living In Cities Around Fallon
The cost of living varies in the cities and towns around Fallon. Here's a quick look at the cost of living in the most populous nearby places:
Sparks, NV has a cost of living index of 121, 1.2x Fallon.
Fernley, NV has a cost of living index of 111, 1.1x Fallon.
Spanish Springs, NV has a cost of living index of 133, 1.3x Fallon.
| City | Population | Cost Of Living | Vs. Fallon |
|---|---|---|---|
| Sparks, NV | 109,106 | 121 | 1.2x |
| Fernley, NV | 23,631 | 111 | 1.1x |
| Spanish Springs, NV | 17,512 | 133 | 1.3x |
| Dayton, NV | 15,873 | 114 | 1.1x |
| Silver Springs, NV | 5,523 | 99 | 1.0x |
