Cost of Living in Fernley, NV
Housing
The housing market plays a significant role in determining the cost of living in Fernley, NV.
- Housing Index: 90.0 / 100
- Median Home Price is: $385,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1350 per month
Considering a move to Fernley, NV? The housing index here stands at 90.0, indicating a balanced market. The median home price is 385000, which is slightly below national averages, offering a potential investment opportunity. Renting options include an average of 1200 for a 2-bedroom apartment and 1350 for a 2-bedroom house, suggesting a more affordable landscape for renters. Overall, if affordability and quality living are priorities, Fernley presents favorable conditions to contemplate your relocation.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fernley, NV.
- Electricity Price: $15.5 USD (median by state)
- Natural Gas Price: $20.66 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Fernley, NV could entail higher utility costs. Electricity costs sit at $15.5, while natural gas is priced at $20.66 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Fernley is a financially viable option for your relocation.