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 101, 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 lower than Nevada's index of 105.
The standard of living in Fallon ranks as #3 most affordable out of the 33 places we measured in Nevada. By definition, that implies Fallon ranks as the #30 most expensive place in the Silver State.
For more reading on life in Fallon, check out:
Fallon Cost Of Living Vs. Nevada
Six factors go into calculating the cost of living index in Fallon. Here is how it fares on each of the criteria:
The Services index in Fallon is 101.
The Groceries index in Fallon is 105.
The Health index in Fallon is 97.
The Housing index in Fallon is 101.
The Transportation index in Fallon is 114.
The Utilities index in Fallon is 107.
| Living Expense | Fallon | Nevada | National Average |
|---|---|---|---|
| Overall | 101 | 105 | 100 |
| Services | 101 | 103 | 100 |
| Groceries | 105 | 102 | 100 |
| Health | 97 | 101 | 100 |
| Housing | 101 | 102 | 100 |
| Transportation | 114 | 109 | 100 |
| Utilities | 107 | 103 | 100 |
Fallon Cost Of Living Compared To Nevada Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Nevada, check out:
Protect your home budget Compare home warranties in Fallon Get matched →Source: Cost-of-living index 2026, normalized to US average = 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 2020-2024. The key points are:
The Median Home Value in Fallon is $391,150.
The Median Rent in Fallon is $1,230.
The Median Income in Fallon is $73,389.
The Home Value To Income in Fallon is 5.3x.
The Rent To Monthly Income in Fallon is 0.2x.
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
Fallon SnackAbility
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 123, 1.2x Fallon.
Fernley, NV has a cost of living index of 112, 1.1x Fallon.
Spanish Springs, NV has a cost of living index of 132, 1.3x Fallon.
| City | Population | Cost Of Living | Vs. Fallon |
|---|---|---|---|
| Sparks, NV | 110,024 | 123 | 1.2x |
| Fernley, NV | 24,225 | 112 | 1.1x |
| Spanish Springs, NV | 17,980 | 132 | 1.3x |
| Dayton, NV | 15,781 | 114 | 1.1x |
| Silver Springs, NV | 5,060 | 101 | 1.0x |
