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 114, which is 1.1x higher than the national index of 100.
Compared to Nevada, Paradise has a cost of living index that's 1.1x higher than Nevada's index of 105.
The standard of living in Paradise ranks as #16 most affordable out of the 33 places we measured in Nevada. By definition, that implies Paradise ranks as the #17 most expensive place in the Silver State.
For more reading on life in Paradise, check out:
Paradise Cost Of Living Vs. Nevada
Six factors go into calculating the cost of living index in Paradise. Here is how it fares on each of the criteria:
The Services index in Paradise is 100.
The Groceries index in Paradise is 104.
The Health index in Paradise is 134.
The Housing index in Paradise is 101.
The Transportation index in Paradise is 114.
The Utilities index in Paradise is 107.
| Living Expense | Paradise | Nevada | National Average |
|---|---|---|---|
| Overall | 114 | 105 | 100 |
| Services | 100 | 103 | 100 |
| Groceries | 104 | 102 | 100 |
| Health | 134 | 101 | 100 |
| Housing | 101 | 102 | 100 |
| Transportation | 114 | 109 | 100 |
| Utilities | 107 | 103 | 100 |
Paradise Cost Of Living Compared To Nevada Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Nevada, check out:
Protect your home budget Compare home warranties in Paradise Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Paradise, 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 2020-2024. The key points are:
The Median Home Value in Paradise is $394,316.
The Median Rent in Paradise is $1,372.
The Median Income in Paradise is $59,190.
The Home Value To Income in Paradise is 6.7x.
The Rent To Monthly Income in Paradise is 0.28x.
Paradise, NV Costs By Category
Detailed Paradise Services costs vs. Nevada
Detailed Paradise Groceries costs vs. Nevada
Detailed Paradise Health costs vs. Nevada
Detailed Paradise Transportation costs vs. Nevada
Paradise SnackAbility
Cost Of Living In Cities Around Paradise
The cost of living varies in the cities and towns around Paradise. 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 116, 1.0x Paradise.
Henderson, NV has a cost of living index of 127, 1.1x Paradise.
North Las Vegas, NV has a cost of living index of 115, 1.0x Paradise.
| City | Population | Cost Of Living | Vs. Paradise |
|---|---|---|---|
| Las Vegas, NV | 660,400 | 116 | 1.0x |
| Henderson, NV | 332,141 | 127 | 1.1x |
| North Las Vegas, NV | 278,595 | 115 | 1.0x |
| Enterprise, NV | 240,464 | 120 | 1.1x |
| Spring Valley, NV | 219,187 | 120 | 1.1x |
| Sunrise Manor, NV | 200,218 | 106 | 0.9x |
| Whitney, NV | 47,221 | 106 | 0.9x |
| Winchester, NV | 37,081 | 103 | 0.9x |
| Summerlin South, NV | 31,354 | 142 | 1.2x |
| Nellis AFB, NV | 5,087 | 97 | 0.9x |
