Housing costs in Paradise Valley?
A typical home costs
$291,800, which is 13.7% less expensive than the national average of
$338,100 and 30.0% less expensive than the average Nevada home, at
$417,100. Renting a two-bedroom unit in Paradise Valley costs
$1,160 per month, which is 20.0% cheaper than the national average of
$1,450 and close to the state average of
$1,150.
Can I afford Paradise Valley?
To live comfortably in Paradise Valley (zip 89426), Nevada, a minimum annual income of
$55,800 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Paradise Valley?
The cost of living in 89426 Paradise Valley, NV is quite high. According to BestPlaces, the city's cost of living index is rated as 108.4 which is 8.4 points higher than the US average. This means that, overall, goods and services are more expensive in Paradise Valley than in other parts of the country. Rent prices are particularly high here with an average one-bedroom apartment costing around $1,400 per month while groceries and meals out can be expensive too. However, residents do benefit from the area's low taxes which helps to offset some of these costs.