Zip 89438 (Valmy, NV) Cost of Living


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How much do I need to live in Valmy, Nevada?
$5,100 / month
for a family, 5.6% less expensive than the national average A total of $61,200 for the year for a family.
$3,033 / month
for a single person, 36.4% less expensive than the national average A total of $36,400 for the year for a single person.

Valmy cost of living score
96.4
Less expensive
3.6% lower
than the US average
12.1% lower
than the Nevada average
Valmy (zip 89438), Nevada gets a BestPlaces Cost of Living score of 96.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 3.6% lower than the U.S. average and 12.1% lower than the average for Nevada.

Zip 89438 (Valmy, NV)

Housing costs in Valmy?
A typical home costs $319,800, which is 5.4% less expensive than the national average of $338,100 and 23.3% less expensive than the average Nevada home, at $417,100. Renting a two-bedroom unit in Valmy costs $1,160 per month, which is 18.9% cheaper than the national average of $1,430 and 25.0% cheaper than the state average of $1,450.

Can I afford Valmy?
To live comfortably in Valmy (zip 89438), Nevada, a minimum annual income of $61,200 for a family, and $36,400 for a single person is recommended.

What does A.I. say about Valmy?
Living in 89438 Valmy, NV is relatively affordable. The median home value in Valmy is around $128,800, which is lower than the national average of $183,700. The cost of living index for Valmy is 94.3, which means that it is 5.7% less expensive to live there than the national average. The median household income in Valmy is around $68,000 per year, which is lower than the national average of $57,652 and also slightly lower than Nevada's median household income of $68,816 per year. Utility costs are also low with electricity costing an average of 9.75 cents per kilowatt hour and natural gas priced at an average rate of about 14 cents per hundred cubic feet. All these factors combined mean that living in 89438 Valmy, NV can be quite a bargain!
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesValmyNevadaUnited States
    Unlock109.7100.0
  90.4  Unlock100.0
    Unlock94.6100.0
  8.2  Unlock100.0
    Unlock$417,100$338,100
  100.6  Unlock100.0
    Unlock116.7100.0
  83.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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