Elko, NV Cost Of Living

Demographics | Crime | Cost Of Living | Photos
Updated: 2020-03-08
98
Elko's Overall Cost Of Living
1.0x
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Elko is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Elko, NV?

According to the most recent data on the cost of living, Elko has an overall cost of living index of 98 which is 1.0x lower than the national index of 100.

Compared to only Nevada, Elko has a cost of living index that's 1.0x lower than Nevada's index of 103.

The standard of living in Elko ranks as #2953 most affordable out of the 6522 places we measured in Nevada. By definition, that implies Elko ranks as the #3453 most expensive place in the Silver State.

For more reading on life in Elko, check out:

Elko Cost Of Living Vs. Nevada

Living Expense Elko Nevada National Average
Overall 98 103 100
Services 92 104 100
Groceries 90 98 100
Health 91 105 100
Housing 112 104 100
Transportation 103 112 100
Utilities 82 92 100
For more reading on cost of living around Nevada, check out:
Elko Cost of Living Vs. NV

Elko, NV Housing Cost Breakdown

Housing swings affordability the most between places in Nevada, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$228,900
Median Home Value
$1,022
Median Rent
$77,011
Median Income
Statistic Elko Nevada United States
Median Home Value $228,900 $242,400 $204,900
Median Rent $1,022 $1,060 $1,023
Median Income $77,011 $57,598 $60,293
Home Value To Income 3.0x 4.2x 3.4x
Rent To Monthly Income 0.16x 0.22x 0.2x

Elko SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
8.5
Affordability
8
Diversity
8.5
Safety
5
Amenities
8
Education
6
Commute
5

Cost Of Living In Cities Around Elko

City Population Cost Of Living Vs. Elko
Spring Creek, NV 13,805 101 1.0x

Articles About Nevada

Enjoy The Snack?