Summerlin South, NV Cost Of Living
Cost Of Living In Summerlin South, NV Summary
Cost of living in Summerlin South 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 Summerlin South 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 Summerlin South is 137, with 100 being the average.
The cost of living index in Summerlin South is 1.4x higher than the national average.
Summerlin South ranks as the #30 cheapest in Nevada out of 32.
Summerlin South ranks as the #5,293 cheapest out of 6,489 in the US.
The median home value in Summerlin South is $704,115.
The median income in Summerlin South is $113,301.
Table Of Contents
Summerlin South's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Summerlin South, NV?
According to the most recent data on the cost of living, Summerlin South has an overall cost of living index of 137, which is 1.4x higher than the national index of 100.
Compared to Nevada, Summerlin South has a cost of living index that's 1.4x higher than Nevada's index of 101.
The standard of living in Summerlin South ranks as #30 most affordable out of the 32 places we measured in Nevada. By definition, that implies Summerlin South ranks as the #2 most expensive place in the Silver State.
For more reading on life in Summerlin South, check out:
In Nevada
In America
Summerlin South Cost Of Living Vs. Nevada
Six factors go into calculating the cost of living index in Summerlin South. Here is how it fairs on each of the criteria:
The Services index in Summerlin South is 85.
The Groceries index in Summerlin South is 106.
The Health index in Summerlin South is 91.
The Housing index in Summerlin South is 233.
The Transportation index in Summerlin South is 112.
The Utilities index in Summerlin South is 106.
| Living Expense | Summerlin South | Nevada | National Average | |
|---|---|---|---|---|
| Overall | 137 | 101 | 100 | |
| Services | 85 | 93 | 100 | |
| Groceries | 106 | 104 | 100 | |
| Health | 91 | 94 | 100 | |
| Housing | 233 | 105 | 100 | |
| Transportation | 112 | 118 | 100 | |
| Utilities | 106 | 101 | 100 | |
Summerlin South, 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 2019-2023. The key points are:
The Median Home Value in Summerlin South is $704,115.
The Median Rent in Summerlin South is $2,400.
The Median Income in Summerlin South is $113,301.
The Home Value To Income in Summerlin South is 6.2x.
The Rent To Monthly Income in Summerlin South is 0.25x.
| Statistic | Summerlin South | Nevada | United States |
|---|---|---|---|
| Median Home Value | $704,115 | $445,669 | $303,400 |
| Median Rent | $2,400 | $1,489 | $1,348 |
| Median Income | $113,301 | $75,561 | $78,538 |
| Home Value To Income | 6.2x | 5.9x | 3.9x |
| Rent To Monthly Income | 0.25x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Summerlin South, NV Costs By Category
Detailed Summerlin South Services Costs Vs. Nevada
| Item | Summerlin South | Nevada |
|---|---|---|
| Shampoo | $1.36 | $1.28 |
| Movie | $12.42 | $12.13 |
| Bowling | $16.78 | $18 |
| Haircut | $16.39 | $24.26 |
| Beauty Salon | $42.92 | $45.56 |
Detailed Summerlin South Groceries Costs Vs. Nevada
| Item | Summerlin South | Nevada |
|---|---|---|
| Ground Beef | $6.52 | $5.84 |
| Fried Chicken | $1.37 | $1.57 |
| Milk | $4.8 | $4.67 |
| Potatoes | $4.62 | $4.93 |
| Pizza | $11.99 | $12.09 |
| Beer | $10.14 | $10.41 |
| Toothpaste | $3.9 | $3.7 |
Detailed Summerlin South Health Costs Vs. Nevada
| Item | Summerlin South | Nevada |
|---|---|---|
| Optometrist | $97.78 | $125.68 |
| Doctor | $111.53 | $135.78 |
| Dentist | $98.86 | $113.29 |
Detailed Summerlin South Transportation Costs Vs. Nevada
| Item | Summerlin South | Nevada |
|---|---|---|
| Gasoline | $3.99 | $3.46 |
| Tire Balancing | $59.58 | $59.92 |
Detailed Summerlin South Utilities Costs Vs. Nevada
| Item | Summerlin South | Nevada |
|---|---|---|
| All Electricity | $219.03 | $193.99 |
| Phone | $185.31 | $192.25 |
Summerlin South SnackAbility
/10
Cost Of Living In Cities Around Summerlin South
The cost of living varies in the cities and towns around Summerlin South. 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 111, 0.8x Summerlin South.
Henderson, NV has a cost of living index of 118, 0.9x Summerlin South.
North Las Vegas, NV has a cost of living index of 108, 0.8x Summerlin South.
| City | Population | Cost Of Living | Vs. Summerlin South |
|---|---|---|---|
| Las Vegas, NV | 650,873 | 111 | 0.8x |
| Henderson, NV | 324,523 | 118 | 0.9x |
| North Las Vegas, NV | 270,773 | 108 | 0.8x |
| Enterprise, NV | 232,043 | 116 | 0.8x |
| Spring Valley, NV | 219,913 | 114 | 0.8x |
| Sunrise Manor, NV | 199,099 | 97 | 0.7x |
| Paradise, NV | 186,178 | 106 | 0.8x |
| Whitney, NV | 46,268 | 102 | 0.7x |
| Winchester, NV | 37,774 | 95 | 0.7x |
