Winchester, Nevada Cost Of Living

A+

9%

Overall NAT. AVG.

10%

Goods & Services NAT. AVG.

25%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2023; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Winchester	Nevada	National
Cost of living	91	100	100
Goods & Services	90	93	100
Groceries	103	104	100
Health care	93	96	100
Housing	75	104	100
Transportation	113	115	100
Utilities	102	95	100

New Real Estate Listings in Winchester Area

For Sale For Rent

Search

Search Homes for Sale in Winchester, NV

See How Much House You Can Afford. Get Pre-Approved Today

Cost Of Living Quick Facts

The cost of living in Winchester is 9% lower than the Nevada average
The cost of living in Winchester is 9% lower than the national average
Winchester housing is 25% lower than the national average
Nevada general sales tax is 34% higher than the national average
Nevada state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Winchester

See all the best places to live around Winchester

Compare Winchester, NV Cost of Living

Write a review to give others more information about this area.

See all Winchester poll results

The best places in Nevada

Here are the best places to live in Nevada

10 Best cities in Nevada for employment

Top 10 cities in Nevada with the best education system

These are the 10 most affordable cities in Nevada

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

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$59,436	$4,953	$1,387	$1,783
Renters	$33,850	$2,821	$790	$1,016

A good way to judge both the affordability of the housing and the cost of living in Winchester is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Winchester has a median income of about $59,436 for people who own homes. Based on that number, a maximum of $1,387 should be spent on expenses related to housing. Renters have a slightly different median income, which is $33,850. Based on this average, renters should spend no more than $790 on all rental costs if they want to maintain a non-impoverished standard of living.

Nevada Sales Tax

State	General Sales Tax	With Max Surtax
Nevada	6.85%	8.25%

Nevada Income Tax

State	Income Tax (Low)	Income Tax (High)
Nevada	0%	0%

Goods & Services

Item	Winchester	National avg.	Difference
Haircut	$15.91	$22.08	28.0%
Beauty Salon	$46.52	$42.88	8.5%
Toothpaste	$2.67	$2.57	4.0%
Shampoo	$1.02	$1.15	11.9%
Movie	$12.26	$11.51	6.6%
Bowling	$17.72	$16.62	6.7%

Groceries

Item	Winchester	National avg.	Difference
Ground Beef	$4.60	$4.98	7.7%
Fried Chicken	$1.87	$1.58	18.3%
Milk	$2.51	$2.42	3.9%
Potatoes	$3.30	$3.54	6.6%
Pizza	$11.99	$11.49	4.4%
Beer	$9.54	$10.04	5.0%

Health Care

Item	Winchester	National avg.	Difference
Optometrist	$101.71	$117.76	13.6%
Doctor	$108.58	$125.34	13.4%
Dentist	$98.81	$107.52	8.1%
Ibuprofen	$10.37	$10.26	1.1%
Lipitor	$475.78	$459.24	3.6%

Housing

Item	Winchester	National avg.	Difference
Home Price	$172,300.00	$184,700.00	6.7%
Avg. Mortgage Payment	$1,890.89	$1,697.41	11.4%
Apartment Rent	$919.00	$949.00	3.2%

Transportation

Item	Winchester	National avg.	Difference
Gasoline	$4.55	$3.85	18.2%
Tire Balancing	$59.76	$57.01	4.8%

Utilities

Item	Winchester	National avg.	Difference
All Electricity	$179.68	$177.27	1.4%
Phone	$196.21	$189.62	3.5%

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	Population	Cost of Living Index	National Avg.
Nellis AFB, NV	3,770	87	13.2%
Sunrise Manor, NV	198,187	90	10.1%
Whitney, NV	44,488	92	7.9%
Paradise, NV	193,150	96	4.0%
North Las Vegas, NV	247,248	97	2.7%
Winchester, NV	36,302	91	9.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Oak Creek, WI	36,321	103	2.7%
Richfield, MN	36,253	101	1.3%
Elmont, NY	36,245	133	33.0%
Benton, AR	36,360	93	6.7%
Calumet City, IL	36,229	96	3.9%
Winchester, NV	36,302	91	9.3%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2023; this is the most current data available.