Paradise, NV Cost Of Living

Demographics | Cost Of Living
Updated: 2020-03-08
Paradise's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Paradise is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Paradise, NV?

According to the most recent data on the cost of living, Paradise has an overall cost of living index of 96 which is 1.0x lower than the national index of 100.

Compared to only Nevada, Paradise has a cost of living index that's 0.9x lower than Nevada's index of 103.

The standard of living in Paradise ranks as #2652 most affordable out of the 6522 places we measured in Nevada. By definition, that implies Paradise ranks as the #3754 most expensive place in the Silver State.

For more reading on life in Paradise, check out:

Paradise Cost Of Living Vs. Nevada

Living Expense Paradise Nevada National Average
Overall 96 103 100
Services 94 104 100
Groceries 95 98 100
Health 100 105 100
Housing 92 104 100
Transportation 111 112 100
Utilities 100 92 100
For more reading on cost of living around Nevada, check out:
Paradise Cost of Living Vs. NV

Paradise, NV Housing Cost Breakdown

Housing swings affordability the most between places in Nevada, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Paradise Nevada United States
Median Home Value $217,000 $242,400 $204,900
Median Rent $942 $1,060 $1,023
Median Income $46,313 $57,598 $60,293
Home Value To Income 4.7x 4.2x 3.4x
Rent To Monthly Income 0.24x 0.22x 0.2x

Paradise SnackAbility

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Cost Of Living In Cities Around Paradise

City Population Cost Of Living Vs. Paradise
Las Vegas, NV 626,637 99 1.0x
Henderson, NV 291,346 106 1.1x
North Las Vegas, NV 236,986 97 1.0x
Spring Valley, NV 199,722 100 1.0x
Sunrise Manor, NV 192,934 90 0.9x
Enterprise, NV 164,314 108 1.1x
Whitney, NV 43,072 92 1.0x
Winchester, NV 28,331 91 0.9x
Summerlin South, NV 27,506 123 1.3x

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