Indian Hills, NV Cost Of Living
Cost Of Living In Indian Hills, NV Summary
Cost of living in Indian Hills research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Indian Hills is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Nevada, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Indian Hills is 111, with 100 being the average.
The cost of living index in Indian Hills is 1.1x higher than the national average.
Indian Hills ranks as the #26 cheapest in Nevada out of 33.
Indian Hills ranks as the #4,219 cheapest out of 6,412 in the US.
The median home value in Indian Hills is $358,600.
The median income in Indian Hills is $71,211.
Table Of Contents
Indian Hills's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Indian Hills, NV?
According to the most recent data on the cost of living, Indian Hills has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Nevada, Indian Hills has a cost of living index that's 1.1x higher than Nevada's index of 101.
The standard of living in Indian Hills ranks as #26 most affordable out of the 33 places we measured in Nevada. By definition, that implies Indian Hills ranks as the #7 most expensive place in the Silver State.
For more reading on life in Indian Hills, check out:
- Living In Indian Hills
- Search Homes For Sale In Indian Hills, NV
In Nevada
In America
Indian Hills Cost Of Living Vs. Nevada
Six factors go into calculating the cost of living index in Indian Hills. Here is how it fairs on each of the criteria:
The Services index in Indian Hills is 107.
The Groceries index in Indian Hills is 110.
The Health index in Indian Hills is 112.
The Housing index in Indian Hills is 119.
The Transportation index in Indian Hills is 131.
The Utilities index in Indian Hills is 85.
| Living Expense | Indian Hills | Nevada | National Average | |
|---|---|---|---|---|
| Overall | 111 | 101 | 100 | |
| Services | 107 | 91 | 100 | |
| Groceries | 110 | 103 | 100 | |
| Health | 112 | 93 | 100 | |
| Housing | 119 | 111 | 100 | |
| Transportation | 131 | 114 | 100 | |
| Utilities | 85 | 97 | 100 | |
Indian Hills, NV Housing Cost Breakdown
Housing swings affordability the most between places in Nevada, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Indian Hills is $358,600.
The Median Rent in Indian Hills is $1,451.
The Median Income in Indian Hills is $71,211.
The Home Value To Income in Indian Hills is 5.0x.
The Rent To Monthly Income in Indian Hills is 0.24x.
| Statistic | Indian Hills | Nevada | United States |
|---|---|---|---|
| Median Home Value | $358,600 | $315,900 | $244,900 |
| Median Rent | $1,451 | $1,238 | $1,163 |
| Median Income | $71,211 | $65,686 | $69,021 |
| Home Value To Income | 5.0x | 4.8x | 3.5x |
| Rent To Monthly Income | 0.24x | 0.23x | 0.2x |
Median Home Value
Median Rent
Median Income
Indian Hills, NV Costs By Category
Detailed Indian Hills Services Costs Vs. Nevada
| Item | Indian Hills | Nevada |
|---|---|---|
| Shampoo | $1.41 | $1.06 |
| Movie | $11.0 | $10.68 |
| Bowling | $18.8 | $14.67 |
| Haircut | $21.7 | $18.62 |
| Beauty Salon | $40.13 | $39.05 |
Detailed Indian Hills Groceries Costs Vs. Nevada
| Item | Indian Hills | Nevada |
|---|---|---|
| Ground Beef | $5.54 | $4.22 |
| Fried Chicken | $1.58 | $1.39 |
| Milk | $2.93 | $2.05 |
| Potatoes | $3.02 | $3.29 |
| Pizza | $11.66 | $10.62 |
| Beer | $9.15 | $9.38 |
| Toothpaste | $2.43 | $2.34 |
Detailed Indian Hills Health Costs Vs. Nevada
| Item | Indian Hills | Nevada |
|---|---|---|
| Optometrist | $117.17 | $108.57 |
| Doctor | $155.0 | $116.17 |
| Dentist | $114.56 | $99.13 |
Detailed Indian Hills Transportation Costs Vs. Nevada
| Item | Indian Hills | Nevada |
|---|---|---|
| Gasoline | $2.98 | $2.22 |
| Tire Balancing | $57.47 | $50.07 |
Detailed Indian Hills Utilities Costs Vs. Nevada
| Item | Indian Hills | Nevada |
|---|---|---|
| All Electricity | $124.72 | $167.67 |
| Phone | $177.85 | $175.64 |
Indian Hills SnackAbility
/10
Cost Of Living In Cities Around Indian Hills
The cost of living varies in the cities and towns around Indian Hills. Here's a quick look at the cost of living in the most populous nearby places:
South Lake Tahoe, CA has a cost of living index of 124, 1.1x Indian Hills.
Dayton, NV has a cost of living index of 103, 0.9x Indian Hills.
Gardnerville Ranchos, NV has a cost of living index of 110, 1.0x Indian Hills.
| City | Population | Cost Of Living | Vs. Indian Hills |
|---|---|---|---|
| South Lake Tahoe, CA | 21,355 | 124 | 1.1x |
| Dayton, NV | 15,036 | 103 | 0.9x |
| Gardnerville Ranchos, NV | 11,761 | 110 | 1.0x |
| Johnson Lane, NV | 6,277 | 128 | 1.2x |
| Gardnerville, NV | 6,037 | 112 | 1.0x |
