Housing costs in Summerlin South?
A typical home costs
$564,400, which is 66.9% more expensive than the national average of
$338,100 and 35.3% more expensive than the average Nevada home, at
$417,100. Renting a two-bedroom unit in Summerlin South costs
$2,170 per month, which is 51.7% more than the national average of
$1,430 and 33.2% more than the state average of
$1,450.
Can I afford Summerlin South?
To live comfortably in Summerlin South, Nevada, a minimum annual income of
$108,000 for a family, and
$72,000 for a single person is recommended.
What does A.I. say about Summerlin South?
The cost of living in Summerlin South, NV is relatively high compared to other areas of the state. The median home price is about $350,000, and the average rent for a two-bedroom apartment is around $1,500 per month. With numerous amenities within easy reach, residents can expect to pay higher prices for everyday necessities. Groceries, restaurants, entertainment, and other services are all more expensive here than in other areas of the state. In addition, taxes and insurance can add up quickly. Despite these high costs of living in Summerlin South NV, the area is an increasingly popular destination for people moving from all over the country who are looking for a safe and secure neighborhood with plenty of activities nearby.