Incline Village, NV Cost Of Living
Cost Of Living In Incline Village, NV Summary
Cost of living in Incline Village 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 Incline Village 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 Incline Village is 172, with 100 being the average.
The cost of living index in Incline Village is 1.7x higher than the national average.
Incline Village ranks as the #33 cheapest in Nevada out of 33.
Incline Village ranks as the #6,149 cheapest out of 6,412 in the US.
The median home value in Incline Village is $1,042,700.
The median income in Incline Village is $131,914.
Table Of Contents
Incline Village's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Incline Village, NV?
According to the most recent data on the cost of living, Incline Village has an overall cost of living index of 172, which is 1.7x higher than the national index of 100.
Compared to Nevada, Incline Village has a cost of living index that's 1.7x higher than Nevada's index of 101.
The standard of living in Incline Village ranks as #33 most affordable out of the 33 places we measured in Nevada. By definition, that implies Incline Village ranks as the #0 most expensive place in the Silver State.
For more reading on life in Incline Village, check out:
- Living In Incline Village
- Search Homes For Sale In Incline Village, NV
In Nevada
In America
Incline Village Cost Of Living Vs. Nevada
Six factors go into calculating the cost of living index in Incline Village. Here is how it fairs on each of the criteria:
The Services index in Incline Village is 104.
The Groceries index in Incline Village is 112.
The Health index in Incline Village is 113.
The Housing index in Incline Village is 322.
The Transportation index in Incline Village is 131.
The Utilities index in Incline Village is 82.
| Living Expense | Incline Village | Nevada | National Average | |
|---|---|---|---|---|
| Overall | 172 | 101 | 100 | |
| Services | 104 | 91 | 100 | |
| Groceries | 112 | 103 | 100 | |
| Health | 113 | 93 | 100 | |
| Housing | 322 | 111 | 100 | |
| Transportation | 131 | 114 | 100 | |
| Utilities | 82 | 97 | 100 | |
Incline Village, 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 2017-2021. The key points are:
The Median Home Value in Incline Village is $1,042,700.
The Median Rent in Incline Village is $1,628.
The Median Income in Incline Village is $131,914.
The Home Value To Income in Incline Village is 7.9x.
The Rent To Monthly Income in Incline Village is 0.15x.
| Statistic | Incline Village | Nevada | United States |
|---|---|---|---|
| Median Home Value | $1,042,700 | $315,900 | $244,900 |
| Median Rent | $1,628 | $1,238 | $1,163 |
| Median Income | $131,914 | $65,686 | $69,021 |
| Home Value To Income | 7.9x | 4.8x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.23x | 0.2x |
Median Home Value
Median Rent
Median Income
Incline Village, NV Costs By Category
Detailed Incline Village Services Costs Vs. Nevada
| Item | Incline Village | Nevada |
|---|---|---|
| Shampoo | $1.41 | $1.06 |
| Movie | $11.0 | $10.68 |
| Bowling | $18.8 | $14.67 |
| Haircut | $21.7 | $18.62 |
| Beauty Salon | $40.13 | $39.05 |
Detailed Incline Village Groceries Costs Vs. Nevada
| Item | Incline Village | Nevada |
|---|---|---|
| Ground Beef | $5.54 | $4.22 |
| Fried Chicken | $1.58 | $1.39 |
| Milk | $2.93 | $2.05 |
| Potatoes | $3.02 | $3.29 |
| Pizza | $11.66 | $10.62 |
| Beer | $9.15 | $9.38 |
| Toothpaste | $2.43 | $2.34 |
Detailed Incline Village Health Costs Vs. Nevada
| Item | Incline Village | Nevada |
|---|---|---|
| Optometrist | $117.17 | $108.57 |
| Doctor | $155.0 | $116.17 |
| Dentist | $114.56 | $99.13 |
Detailed Incline Village Transportation Costs Vs. Nevada
| Item | Incline Village | Nevada |
|---|---|---|
| Gasoline | $2.98 | $2.22 |
| Tire Balancing | $57.47 | $50.07 |
Detailed Incline Village Utilities Costs Vs. Nevada
| Item | Incline Village | Nevada |
|---|---|---|
| All Electricity | $124.72 | $167.67 |
| Phone | $177.85 | $175.64 |
Incline Village SnackAbility
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