Cost of Living in Pahrump, NV

Housing

The housing market plays a significant role in determining the cost of living in Pahrump, NV.

• Housing Index: 95.0 / 100
• Median Home Price is: $233000
• Average Rent (2 BR Apartment): $1600 per month
• Average Rent (2 BR House): $1536 per month

When considering a move to Pahrump, NV, the housing index of 95.0 suggests a relatively affordable market compared to the national average. With a median home price of 233000, homeownership may be attainable. The average rent for a 2-bedroom apartment stands at 1600 while rent for homes averages 1536. If you're prioritizing living space and affordability, renting a house may offer better value. Don't forget to consider the costs of living and local amenities that can impact your overall experience in this area.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Pahrump, 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 Pahrump, 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 98.5

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $54988

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Pahrump, NV, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.