Zip 89047 (Silver Peak, NV) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Nevada / No Metro Area / Esmeralda County / Silver Peak / Silver Peak (zip 89047)

Silver Peak cost of living score
77.4
Less expensive
22.6% lower
than the US average
29.4% lower
than the Nevada average
Silver Peak (zip 89047), Nevada gets a BestPlaces Cost of Living score of 77.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.6% lower than the U.S. average and 29.4% lower than the average for Nevada.

Zip 89047 (Silver Peak, NV)

Housing costs in Silver Peak?
A typical home costs $41,800, which is 87.6% less expensive than the national average of $338,100 and 90.0% less expensive than the average Nevada home, at $417,100. Renting a two-bedroom unit in Silver Peak costs $900 per month, which is 37.1% cheaper than the national average of $1,430 and 61.1% cheaper than the state average of $1,450.

Can I afford Silver Peak?
To live comfortably in Silver Peak (zip 89047), Nevada, a minimum annual income of $7,920 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Silver Peak?
The cost of living in 89047 Silver Peak, NV is fairly reasonable compared to other areas in the state. The median home price is around $167,000, and the median household income is about $39,000. Prices for basic necessities are on par with the national average and there are plenty of affordable housing options available. Utility costs tend to be lower than most places due to government subsidies. Overall, Silver Peak is a great place to live and work without breaking the bank or living paycheck to paycheck.
   Cost of living score
     CategoriesSilver PeakNevadaUnited States
  77.4109.7100.0
  93.8100.3100
  122.994.6100.0
  21.7122.9100.0
  $41,800$417,100$338,100
  103.9%97.2%100.0%
  79.9116.7100.0
  84.6100.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime