Johnson Lane cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexJohnson LaneNevadaNational
Cost of living index130103100
IndexJohnson LaneNevadaNational
Goods & Services index111106100
Groceries index102103100
Health care index107105100
Housing index18399100
Transportation index117116100
Utilities index9291100
Here we can see a simple outline of the cost of living in Johnson Lane, NV. As you can see, with the average cost of living in Johnson Lane, NV being 130, that puts it 26% higher than the average of Nevada and 30% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Johnson Lane, NV, the price of goods and services are 5% higher than the average of Nevada as well as 11% higher than the nation's average.

Did you know?

  • The cost of living in Johnson Lane is 26% higher than the Nevada average.
  • The cost of living in Johnson Lane is 30% higher than the national average.
  • The cost of housing in Johnson Lane is 83% higher than the national average.
  • Nevada general sales tax is 35% higher than the national average.
  • Nevada state income tax is 100% lower than the national average.

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Compare Johnson Lane, NV Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in Johnson Lane, NV to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Johnson Lane, NV, you have to earn a higher income in order to still have the same standard of living. To operate the Johnson Lane, NV salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$81,339$6,778$1,898$2,440
Renters$71,076$5,923$1,658$2,132
The affordability of the housing market in Johnson Lane, NV as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Johnson Lane, NV homeowners, the median income is $81,339. This indicates that a monthly maximum of $1,898 should be spent by homeowners on all housing related costs. Renters have a median income of $71,076. This indicates that renters should have a maximum of $1,658 used for their rent related monthly costs.

Nevada Sales Tax

StateGeneral Sales TaxWith Max Surtax
Nevada6.85%8.1%

Nevada Income Tax

StateIncome Tax (Low)Income Tax (High)
Nevada0%0%
One thing to keep in mind when considering the cost of living in Johnson Lane, NV is the Nevada sales tax and Nevada income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Nevada sales tax rate is 6.85% and the maximum surtax that can be charged is 8.1%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Nevada income tax rates range from 0% to 0%.

Goods & Services

ItemJohnson LaneNational avg.Difference
Haircut $14.17$15.569.0%
Beauty Salon $40.97$36.1113.5%
Toothpaste $3.08$2.4724.6%
Shampoo $1.15$0.9618.8%
Movie $10.25$10.131.2%
Bowling $4.42$4.746.7%

Groceries

ItemJohnson LaneNational avg.Difference
Ground Beef $3.69$3.987.5%
Fried Chicken $1.09$1.4122.3%
Milk $2.53$2.0622.6%
Potatoes $2.78$2.986.8%
Pizza $11.00$9.4716.1%
Beer $9.15$8.794.1%

Health Care

ItemJohnson LaneNational avg.Difference
Optometrist $102.92$101.041.9%
Doctor $135.40$107.4426.0%
Dentist $91.47$90.421.2%
Ibuprofen $10.87$9.2817.1%
Lipitor $374.94$426.5012.1%

Housing

ItemJohnson LaneNational avg.Difference
Home Price $349,000.00$175,700.0098.6%
Avg. Mortgage Payment $1,081.61$1,133.234.6%
Apartment Rent $1,339.00$920.0045.5%

Transportation

ItemJohnson LaneNational avg.Difference
Gasoline $2.52$1.9926.6%
Tire Balancing $42.99$45.766.1%

Utilities

ItemJohnson LaneNational avg.Difference
All Electricity$140.54$163.8114.2%
Phone $28.40$28.390.0%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Logan Creek, NV381077%
Stateline, NV1,0171000%
Carter Springs, NV5111011%
Dayton, NV8,9721033%
Carson City, NV54,6341066%
Johnson Lane, NV6,31913030%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Islamorada, Village of Islands, FL6,31815353%
Lincoln, AL6,32189-11%
Pea Ridge, WV6,32190-10%
Oelwein, IA6,32181-19%
Johnsburg, IL6,3221099%
Johnson Lane, NV6,31913030%
Source: The Johnson Lane, NV cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.