Pahrump, NV Cost Of Living
Cost Of Living In Pahrump, NV Summary
Cost of living in Pahrump 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 Pahrump 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 Pahrump is 93, with 100 being the average.
The cost of living index in Pahrump is 0.9x lower than the national average.
Pahrump ranks as the #3 cheapest in Nevada out of 33.
Pahrump ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Pahrump is $215,100.
The median income in Pahrump is $53,743.
Table Of Contents
Pahrump's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Pahrump, NV?
According to the most recent data on the cost of living, Pahrump has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Nevada, Pahrump has a cost of living index that's 0.9x lower than Nevada's index of 101.
The standard of living in Pahrump ranks as #3 most affordable out of the 33 places we measured in Nevada. By definition, that implies Pahrump ranks as the #30 most expensive place in the Silver State.
For more reading on life in Pahrump, check out:
- Living In Pahrump
- Search Homes For Sale In Pahrump, NV
In Nevada
In America
Pahrump Cost Of Living Vs. Nevada
Six factors go into calculating the cost of living index in Pahrump. Here is how it fairs on each of the criteria:
The Services index in Pahrump is 105.
The Groceries index in Pahrump is 105.
The Health index in Pahrump is 96.
The Housing index in Pahrump is 69.
The Transportation index in Pahrump is 109.
The Utilities index in Pahrump is 98.
| Living Expense | Pahrump | Nevada | National Average | |
|---|---|---|---|---|
| Overall | 93 | 101 | 100 | |
| Services | 105 | 91 | 100 | |
| Groceries | 105 | 103 | 100 | |
| Health | 96 | 93 | 100 | |
| Housing | 69 | 111 | 100 | |
| Transportation | 109 | 114 | 100 | |
| Utilities | 98 | 97 | 100 | |
Pahrump, 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 Pahrump is $215,100.
The Median Rent in Pahrump is $1,043.
The Median Income in Pahrump is $53,743.
The Home Value To Income in Pahrump is 4.0x.
The Rent To Monthly Income in Pahrump is 0.23x.
| Statistic | Pahrump | Nevada | United States |
|---|---|---|---|
| Median Home Value | $215,100 | $315,900 | $244,900 |
| Median Rent | $1,043 | $1,238 | $1,163 |
| Median Income | $53,743 | $65,686 | $69,021 |
| Home Value To Income | 4.0x | 4.8x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.23x | 0.2x |
Median Home Value
Median Rent
Median Income
Pahrump, NV Costs By Category
Detailed Pahrump Services Costs Vs. Nevada
Detailed Pahrump Groceries Costs Vs. Nevada
Detailed Pahrump Health Costs Vs. Nevada
Detailed Pahrump Transportation Costs Vs. Nevada
Detailed Pahrump Utilities Costs Vs. Nevada
Pahrump SnackAbility
/10
Cost Of Living In Cities Around Pahrump
The cost of living varies in the cities and towns around Pahrump. Here's a quick look at the cost of living in the most populous nearby places:
Las Vegas, NV has a cost of living index of 104, 1.1x Pahrump.
Enterprise, NV has a cost of living index of 111, 1.2x Pahrump.
Spring Valley, NV has a cost of living index of 104, 1.1x Pahrump.
| City | Population | Cost Of Living | Vs. Pahrump |
|---|---|---|---|
| Las Vegas, NV | 634,786 | 104 | 1.1x |
| Enterprise, NV | 219,566 | 111 | 1.2x |
| Spring Valley, NV | 217,441 | 104 | 1.1x |
| Summerlin South, NV | 28,861 | 127 | 1.4x |
