Cost of living in Gardnerville Ranchos 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 Gardnerville Ranchos 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 Gardnerville Ranchos is 122, with 100 being the average.
The cost of living index in Gardnerville Ranchos is 1.2x higher than the national average.
Gardnerville Ranchos ranks as the #28 cheapest in Nevada out of 32.
Gardnerville Ranchos ranks as the #4,541 cheapest out of 6,489 in the US.
The median home value in Gardnerville Ranchos is $510,088.
The median income in Gardnerville Ranchos is $87,971.
According to the most recent data on the cost of living, Gardnerville Ranchos has an overall cost of living index of 122, which is 1.2x higher than the national index of 100.
Compared to Nevada, Gardnerville Ranchos has a cost of living index that's 1.2x higher than Nevada's index of 101.
The standard of living in Gardnerville Ranchos ranks as #28 most affordable out of the 32 places we measured in Nevada. By definition, that implies Gardnerville Ranchos ranks as the #4 most expensive place in the Silver State.
For more reading on life in Gardnerville Ranchos, check out:
Six factors go into calculating the cost of living index in Gardnerville Ranchos. Here is how it fairs on each of the criteria:
The Services index in Gardnerville Ranchos is 98.
The Groceries index in Gardnerville Ranchos is 103.
The Health index in Gardnerville Ranchos is 93.
The Housing index in Gardnerville Ranchos is 164.
The Transportation index in Gardnerville Ranchos is 122.
The Utilities index in Gardnerville Ranchos is 91.
| Living Expense | Gardnerville Ranchos | Nevada | National Average | |
|---|---|---|---|---|
| Overall | 122 | 101 | 100 | |
| Services | 98 | 93 | 100 | |
| Groceries | 103 | 104 | 100 | |
| Health | 93 | 94 | 100 | |
| Housing | 164 | 105 | 100 | |
| Transportation | 122 | 118 | 100 | |
| Utilities | 91 | 101 | 100 | |
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 Gardnerville Ranchos is $510,088.
The Median Rent in Gardnerville Ranchos is $1,456.
The Median Income in Gardnerville Ranchos is $87,971.
The Home Value To Income in Gardnerville Ranchos is 5.8x.
The Rent To Monthly Income in Gardnerville Ranchos is 0.2x.
| Statistic | Gardnerville Ranchos | Nevada | United States |
|---|---|---|---|
| Median Home Value | $510,088 | $445,669 | $303,400 |
| Median Rent | $1,456 | $1,489 | $1,348 |
| Median Income | $87,971 | $75,561 | $78,538 |
| Home Value To Income | 5.8x | 5.9x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.24x | 0.21x |
| Item | Gardnerville Ranchos | Nevada |
|---|---|---|
| Shampoo | $1.37 | $1.28 |
| Movie | $11.0 | $12.13 |
| Bowling | $21.95 | $18 |
| Haircut | $25.78 | $24.26 |
| Beauty Salon | $42.67 | $45.56 |
| Item | Gardnerville Ranchos | Nevada |
|---|---|---|
| Ground Beef | $5.87 | $5.84 |
| Fried Chicken | $1.87 | $1.57 |
| Milk | $4.6 | $4.67 |
| Potatoes | $4.57 | $4.93 |
| Pizza | $12.67 | $12.09 |
| Beer | $9.41 | $10.41 |
| Toothpaste | $3.72 | $3.7 |
| Item | Gardnerville Ranchos | Nevada |
|---|---|---|
| Optometrist | $115.11 | $125.68 |
| Doctor | $129.11 | $135.78 |
| Dentist | $118.11 | $113.29 |
| Item | Gardnerville Ranchos | Nevada |
|---|---|---|
| Gasoline | $4.4 | $3.46 |
| Tire Balancing | $66.55 | $59.92 |
| Item | Gardnerville Ranchos | Nevada |
|---|---|---|
| All Electricity | $171.07 | $193.99 |
| Phone | $185.8 | $192.25 |
The cost of living varies in the cities and towns around Gardnerville Ranchos. Here's a quick look at the cost of living in the most populous nearby places:
South Lake Tahoe, CA has a cost of living index of 128, 1.0x Gardnerville Ranchos.
Alpine, CA has a cost of living index of 168, 1.4x Gardnerville Ranchos.
Johnson Lane, NV has a cost of living index of 140, 1.1x Gardnerville Ranchos.
| City | Population | Cost Of Living | Vs. Gardnerville Ranchos |
|---|---|---|---|
| South Lake Tahoe, CA | 21,319 | 128 | 1.0x |
| Alpine, CA | 15,470 | 168 | 1.4x |
| Johnson Lane, NV | 6,405 | 140 | 1.1x |
| Gardnerville, NV | 5,811 | 117 | 1.0x |
| Indian Hills, NV | 5,772 | 120 | 1.0x |