Sun Valley, NV Cost Of Living
Cost Of Living In Sun Valley, NV Summary
Cost of living in Sun 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 Sun 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 Sun Valley is 103, with 100 being the average.
The cost of living index in Sun Valley is 1.0x higher than the national average.
Sun Valley ranks as the #9 cheapest in Nevada out of 32.
Sun Valley ranks as the #2,952 cheapest out of 6,489 in the US.
The median home value in Sun Valley is $426,949.
The median income in Sun Valley is $76,108.
Table Of Contents
Sun Valley's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Sun Valley, NV?
According to the most recent data on the cost of living, Sun Valley has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Nevada, Sun Valley has a cost of living index that's 1.0x higher than Nevada's index of 101.
The standard of living in Sun Valley ranks as #9 most affordable out of the 32 places we measured in Nevada. By definition, that implies Sun Valley ranks as the #23 most expensive place in the Silver State.
For more reading on life in Sun Valley, check out:
In Nevada
In America
Sun Valley Cost Of Living Vs. Nevada
Six factors go into calculating the cost of living index in Sun Valley. Here is how it fairs on each of the criteria:
The Services index in Sun Valley is 98.
The Groceries index in Sun Valley is 102.
The Health index in Sun Valley is 94.
The Housing index in Sun Valley is 103.
The Transportation index in Sun Valley is 120.
The Utilities index in Sun Valley is 93.
| Living Expense | Sun Valley | Nevada | National Average | |
|---|---|---|---|---|
| Overall | 103 | 101 | 100 | |
| Services | 98 | 93 | 100 | |
| Groceries | 102 | 104 | 100 | |
| Health | 94 | 94 | 100 | |
| Housing | 103 | 105 | 100 | |
| Transportation | 120 | 118 | 100 | |
| Utilities | 93 | 101 | 100 | |
Sun 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 2019-2023. The key points are:
The Median Home Value in Sun Valley is $426,949.
The Median Rent in Sun Valley is $1,161.
The Median Income in Sun Valley is $76,108.
The Home Value To Income in Sun Valley is 5.6x.
The Rent To Monthly Income in Sun Valley is 0.18x.
| Statistic | Sun Valley | Nevada | United States |
|---|---|---|---|
| Median Home Value | $426,949 | $445,669 | $303,400 |
| Median Rent | $1,161 | $1,489 | $1,348 |
| Median Income | $76,108 | $75,561 | $78,538 |
| Home Value To Income | 5.6x | 5.9x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Sun Valley, NV Costs By Category
Detailed Sun Valley Services Costs Vs. Nevada
| Item | Sun Valley | Nevada |
|---|---|---|
| Shampoo | $1.37 | $1.28 |
| Movie | $11.0 | $12.13 |
| Bowling | $21.95 | $18 |
| Haircut | $25.78 | $24.26 |
| Beauty Salon | $42.67 | $45.56 |
Detailed Sun Valley Groceries Costs Vs. Nevada
| Item | Sun Valley | Nevada |
|---|---|---|
| Ground Beef | $5.87 | $5.84 |
| Fried Chicken | $1.87 | $1.57 |
| Milk | $4.6 | $4.67 |
| Potatoes | $4.57 | $4.93 |
| Pizza | $12.67 | $12.09 |
| Beer | $9.41 | $10.41 |
| Toothpaste | $3.72 | $3.7 |
Detailed Sun Valley Health Costs Vs. Nevada
| Item | Sun Valley | Nevada |
|---|---|---|
| Optometrist | $115.11 | $125.68 |
| Doctor | $129.11 | $135.78 |
| Dentist | $118.11 | $113.29 |
Detailed Sun Valley Transportation Costs Vs. Nevada
| Item | Sun Valley | Nevada |
|---|---|---|
| Gasoline | $4.4 | $3.46 |
| Tire Balancing | $66.55 | $59.92 |
Detailed Sun Valley Utilities Costs Vs. Nevada
| Item | Sun Valley | Nevada |
|---|---|---|
| All Electricity | $171.07 | $193.99 |
| Phone | $185.8 | $192.25 |
Sun Valley SnackAbility
/10
Cost Of Living In Cities Around Sun Valley
The cost of living varies in the cities and towns around Sun 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 121, 1.2x Sun Valley.
Sparks, NV has a cost of living index of 121, 1.2x Sun Valley.
Spanish Springs, NV has a cost of living index of 133, 1.3x Sun Valley.
| City | Population | Cost Of Living | Vs. Sun Valley |
|---|---|---|---|
| Reno, NV | 268,959 | 121 | 1.2x |
| Sparks, NV | 109,106 | 121 | 1.2x |
| Spanish Springs, NV | 17,512 | 133 | 1.3x |
| Cold Springs, NV | 11,223 | 118 | 1.1x |
