Lemmon Valley, NV Cost Of Living
Cost Of Living In Lemmon Valley, NV Summary
Cost of living in Lemmon Valley 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 Lemmon Valley 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 Lemmon Valley is 100, with 100 being the average.
The cost of living index in Lemmon Valley is 1.0x lower than the national average.
Lemmon Valley ranks as the #10 cheapest in Nevada out of 33.
Lemmon Valley ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Lemmon Valley is $296,200.
The median income in Lemmon Valley is $78,703.
Table Of Contents
Lemmon Valley's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Lemmon Valley, NV?
According to the most recent data on the cost of living, Lemmon Valley has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Nevada, Lemmon Valley has a cost of living index that's 1.0x lower than Nevada's index of 101.
The standard of living in Lemmon Valley ranks as #10 most affordable out of the 33 places we measured in Nevada. By definition, that implies Lemmon Valley ranks as the #23 most expensive place in the Silver State.
For more reading on life in Lemmon Valley, check out:
- Living In Lemmon Valley
- Search Homes For Sale In Lemmon Valley, NV
In Nevada
In America
Lemmon Valley Cost Of Living Vs. Nevada
Six factors go into calculating the cost of living index in Lemmon Valley. Here is how it fairs on each of the criteria:
The Services index in Lemmon Valley is 108.
The Groceries index in Lemmon Valley is 114.
The Health index in Lemmon Valley is 112.
The Housing index in Lemmon Valley is 89.
The Transportation index in Lemmon Valley is 128.
The Utilities index in Lemmon Valley is 85.
| Living Expense | Lemmon Valley | Nevada | National Average | |
|---|---|---|---|---|
| Overall | 100 | 101 | 100 | |
| Services | 108 | 91 | 100 | |
| Groceries | 114 | 103 | 100 | |
| Health | 112 | 93 | 100 | |
| Housing | 89 | 111 | 100 | |
| Transportation | 128 | 114 | 100 | |
| Utilities | 85 | 97 | 100 | |
Lemmon Valley, 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 Lemmon Valley is $296,200.
The Median Rent in Lemmon Valley is $1,399.
The Median Income in Lemmon Valley is $78,703.
The Home Value To Income in Lemmon Valley is 3.8x.
The Rent To Monthly Income in Lemmon Valley is 0.21x.
| Statistic | Lemmon Valley | Nevada | United States |
|---|---|---|---|
| Median Home Value | $296,200 | $315,900 | $244,900 |
| Median Rent | $1,399 | $1,238 | $1,163 |
| Median Income | $78,703 | $65,686 | $69,021 |
| Home Value To Income | 3.8x | 4.8x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.23x | 0.2x |
Median Home Value
Median Rent
Median Income
Lemmon Valley, NV Costs By Category
Detailed Lemmon Valley Services Costs Vs. Nevada
| Item | Lemmon Valley | 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 Lemmon Valley Groceries Costs Vs. Nevada
| Item | Lemmon Valley | 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 Lemmon Valley Health Costs Vs. Nevada
| Item | Lemmon Valley | Nevada |
|---|---|---|
| Optometrist | $117.17 | $108.57 |
| Doctor | $155.0 | $116.17 |
| Dentist | $114.56 | $99.13 |
Detailed Lemmon Valley Transportation Costs Vs. Nevada
| Item | Lemmon Valley | Nevada |
|---|---|---|
| Gasoline | $2.98 | $2.22 |
| Tire Balancing | $57.47 | $50.07 |
Detailed Lemmon Valley Utilities Costs Vs. Nevada
| Item | Lemmon Valley | Nevada |
|---|---|---|
| All Electricity | $124.72 | $167.67 |
| Phone | $177.85 | $175.64 |
Lemmon Valley SnackAbility
/10
Cost Of Living In Cities Around Lemmon Valley
The cost of living varies in the cities and towns around Lemmon Valley. Here's a quick look at the cost of living in the most populous nearby places:
Reno, NV has a cost of living index of 111, 1.1x Lemmon Valley.
Sparks, NV has a cost of living index of 106, 1.1x Lemmon Valley.
Sun Valley, NV has a cost of living index of 100, 1.0x Lemmon Valley.
| City | Population | Cost Of Living | Vs. Lemmon Valley |
|---|---|---|---|
| Reno, NV | 259,913 | 111 | 1.1x |
| Sparks, NV | 106,900 | 106 | 1.1x |
| Sun Valley, NV | 22,622 | 100 | 1.0x |
| Spanish Springs, NV | 16,131 | 118 | 1.2x |
| Cold Springs, NV | 10,920 | 105 | 1.1x |
