Gardnerville Ranchos 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.
IndexGardnerville RanchosNevadaNational
Cost of living index110103100
IndexGardnerville RanchosNevadaNational
Goods & Services index113104100
Groceries index10098100
Health care index110105100
Housing index117104100
Transportation index113112100
Utilities index8592100
An overview of the general cost of living index for Gardnerville Ranchos, NV is displayed above for your reference. Residents in Gardnerville Ranchos, NV enjoy a cost of living index of 110. This index is 7% higher than the Nevada average, and 10% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Gardnerville Ranchos, NV, the average cost of goods and services is 9% higher than it is in Nevada, and it is 13% higher than the national average.
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Did you know?

  • The cost of living in Gardnerville Ranchos is 7% higher than the Nevada average.
  • The cost of living in Gardnerville Ranchos is 10% higher than the national average.
  • The cost of housing in Gardnerville Ranchos is 17% 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.

Compare Gardnerville Ranchos, NV Cost of living To Other Cities

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      The salary calculator is meant to help you compare your salary in Gardnerville Ranchos, NV to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Gardnerville Ranchos, NV, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Gardnerville Ranchos, NV salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$62,821$5,235$1,466$1,885
      Renters$32,052$2,671$748$962
      How much of your monthly income goes to housing can tell you whether or not you can afford housing in Gardnerville Ranchos, NV, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Gardnerville Ranchos, NV homeowners have a median income of $62,821. Using that number, you will come up with a maximum of $1,466 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $32,052, which means there is a maximum of $748 to be spent on the costs of renting a home or apartment.

      Nevada Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Nevada6.85%8.25%

      Nevada Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Nevada0%0%
      One thing to keep in mind when considering the cost of living in Gardnerville Ranchos, 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 8.25%. 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

      ItemGardnerville RanchosNational avg.Difference
      Haircut $17.55$17.490.4%
      Beauty Salon $46.47$38.1721.8%
      Toothpaste $3.68$2.3258.7%
      Shampoo $1.02$1.010.8%
      Movie $10.33$10.723.6%
      Bowling $4.57$13.8667.0%

      Groceries

      ItemGardnerville RanchosNational avg.Difference
      Ground Beef $3.52$3.909.8%
      Fried Chicken $1.55$1.4011.1%
      Milk $2.16$1.9610.2%
      Potatoes $1.99$3.1837.5%
      Pizza $13.32$10.3928.2%
      Beer $8.19$9.2311.3%

      Health Care

      ItemGardnerville RanchosNational avg.Difference
      Optometrist $108.47$106.342.0%
      Doctor $138.14$115.2519.9%
      Dentist $99.33$98.381.0%
      Ibuprofen $10.44$9.2612.7%
      Lipitor $385.41$466.4717.4%

      Housing

      ItemGardnerville RanchosNational avg.Difference
      Home Price $227,900.00$184,700.0023.4%
      Avg. Mortgage Payment $1,275.94$1,273.320.2%
      Apartment Rent $958.00$949.000.9%

      Transportation

      ItemGardnerville RanchosNational avg.Difference
      Gasoline $2.73$2.595.2%
      Tire Balancing $44.33$48.909.3%

      Utilities

      ItemGardnerville RanchosNational avg.Difference
      All Electricity$113.26$167.6032.4%
      Phone $30.01$163.4281.6%
      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, NV421066%
      Topaz Ranch Estates, NV1,68099-1%
      Carter Springs, NV5351000%
      Stateline, NV1,0831066%
      Gardnerville, NV5,5551099%
      Gardnerville Ranchos, NV10,64611010%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Cheval, FL10,64511212%
      Groveland, FL10,64393-7%
      Annapolis Neck, MD10,64915252%
      Bedford Heights, OH10,64089-11%
      Madison Heights, VA10,63786-14%
      Gardnerville Ranchos, NV10,64611010%
      Source: The Gardnerville Ranchos, NV cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.