Housing costs in Nye?
A typical home costs
$319,000, which is 5.6% less expensive than the national average of
$338,100 and 23.5% less expensive than the average Nevada home, at
$417,100. Renting a two-bedroom unit in Nye costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 35.5% cheaper than the state average of
$1,450.
Can I afford Nye?
To live comfortably in Nye Nev County, Nevada, a minimum annual income of
$61,200 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Nye?
The cost of living in Nye, NV County is a bit lower than the US average. According to an index compiled by the Council for Community and Economic Research, Nye County has a cost of living index of 93.5, compared to the US average of 100. This indicates that costs are 7.5% lower than the national average in this region, making it an attractive option for those looking to purchase a home or rent an apartment at a more affordable price point. Additionally, with the median house value in Nye County reported as $319,000 - significantly less than the national average of $338,100 - residents can take advantage of significant savings on real estate investments as well.