Pahrump 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.
IndexPahrumpNevadaNational
Cost of living index90103100
IndexPahrumpNevadaNational
Goods & Services index94104100
Groceries index9598100
Health care index100105100
Housing index70104100
Transportation index111112100
Utilities index10092100
An overview of the general cost of living index for Pahrump, NV is displayed above for your reference. Residents in Pahrump, NV enjoy a cost of living index of 90. This index is 13% lower than the Nevada average, and 10% lower 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 Pahrump, NV, the average cost of goods and services is 9% lower than it is in Nevada, and it is 6% lower than the national average.
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Did you know?

  • The cost of living in Pahrump is 13% lower than the Nevada average.
  • The cost of living in Pahrump is 10% lower than the national average.
  • The cost of housing in Pahrump is 30% lower 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 Pahrump, NV Cost of living To Other Cities

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      Salary Calculator

      This is how much you would need to earn in
      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 used in order to provide a comparison of your current salary in Pahrump, NV to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Pahrump, NV, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Pahrump, NV salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$45,620$3,802$1,064$1,369
      Renters$28,957$2,413$676$869
      How much of your monthly income goes to housing can tell you whether or not you can afford housing in Pahrump, 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 Pahrump, NV homeowners have a median income of $45,620. Using that number, you will come up with a maximum of $1,064 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $28,957, which means there is a maximum of $676 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 Pahrump, 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

      ItemPahrumpNational avg.Difference
      Haircut $15.02$17.4914.1%
      Beauty Salon $45.64$38.1719.6%
      Toothpaste $2.58$2.3211.2%
      Shampoo $0.85$1.0116.0%
      Movie $12.15$10.7213.3%
      Bowling $16.83$13.8621.4%

      Groceries

      ItemPahrumpNational avg.Difference
      Ground Beef $3.47$3.9011.0%
      Fried Chicken $1.21$1.4013.3%
      Milk $2.51$1.9627.9%
      Potatoes $2.25$3.1829.3%
      Pizza $10.52$10.391.2%
      Beer $8.38$9.239.2%

      Health Care

      ItemPahrumpNational avg.Difference
      Optometrist $114.99$106.348.1%
      Doctor $112.38$115.252.5%
      Dentist $102.20$98.383.9%
      Ibuprofen $9.30$9.260.4%
      Lipitor $436.57$466.476.4%

      Housing

      ItemPahrumpNational avg.Difference
      Home Price $117,400.00$184,700.0036.4%
      Avg. Mortgage Payment $1,591.38$1,273.3225.0%
      Apartment Rent $821.00$949.0013.5%

      Transportation

      ItemPahrumpNational avg.Difference
      Gasoline $3.07$2.5918.5%
      Tire Balancing $49.57$48.901.4%

      Utilities

      ItemPahrumpNational avg.Difference
      All Electricity$173.66$167.603.6%
      Phone $173.02$163.425.9%
      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.
      Pahrump, NV35,89990-10%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Richfield, MN35,9121055%
      Dunedin, FL35,88295-5%
      Merritt Island, FL35,91697-3%
      Goldsboro, NC35,92488-12%
      Bell, CA35,92712626%
      Pahrump, NV35,89990-10%
      Source: The Pahrump, NV cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.