Housing costs in Fernley?
A typical home costs
$346,700, which is 2.5% more expensive than the national average of
$338,100 and 16.9% less expensive than the average Nevada home, at
$417,100. Renting a two-bedroom unit in Fernley costs
$1,270 per month, which is 11.2% cheaper than the national average of
$1,430 and 14.2% cheaper than the state average of
$1,450.
Can I afford Fernley?
To live comfortably in Fernley, Nevada, a minimum annual income of
$66,600 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Fernley?
Fernley, NV is a great place to live and offers an affordable cost of living. The median home price in the city is around $270,000 which is well below the national average. Additionally, the cost of living index for Fernley is 91.5 compared to 100 across the United States. This means that groceries, housing, healthcare and other everyday necessities are typically less expensive than other parts of the country. Furthermore, with a low unemployment rate and plenty of job opportunities, it's easy to find employment in Fernley which makes it easier to afford life there.