Cost of living in Whitney 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 Whitney 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 Whitney is 95, with 100 being the average.
The cost of living index in Whitney is 0.9x lower than the national average.
Whitney ranks as the #4 cheapest in Nevada out of 33.
Whitney ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Whitney is $219,900.
The median income in Whitney is $53,039.
According to the most recent data on the cost of living, Whitney has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Nevada, Whitney has a cost of living index that's 0.9x lower than Nevada's index of 101.
The standard of living in Whitney ranks as #4 most affordable out of the 33 places we measured in Nevada. By definition, that implies Whitney ranks as the #29 most expensive place in the Silver State.
For more reading on life in Whitney, check out:
Six factors go into calculating the cost of living index in Whitney. Here is how it fairs on each of the criteria:
The Services index in Whitney is 101.
The Groceries index in Whitney is 103.
The Health index in Whitney is 94.
The Housing index in Whitney is 80.
The Transportation index in Whitney is 110.
The Utilities index in Whitney is 97.
Living Expense | Whitney | Nevada | National Average | |
---|---|---|---|---|
Overall | 95 | 101 | 100 | |
Services | 101 | 91 | 100 | |
Groceries | 103 | 103 | 100 | |
Health | 94 | 93 | 100 | |
Housing | 80 | 111 | 100 | |
Transportation | 110 | 114 | 100 | |
Utilities | 97 | 97 | 100 |
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 Whitney is $219,900.
The Median Rent in Whitney is $1,187.
The Median Income in Whitney is $53,039.
The Home Value To Income in Whitney is 4.1x.
The Rent To Monthly Income in Whitney is 0.27x.
Statistic | Whitney | Nevada | United States |
---|---|---|---|
Median Home Value | $219,900 | $315,900 | $244,900 |
Median Rent | $1,187 | $1,238 | $1,163 |
Median Income | $53,039 | $65,686 | $69,021 |
Home Value To Income | 4.1x | 4.8x | 3.5x |
Rent To Monthly Income | 0.27x | 0.23x | 0.2x |
The cost of living varies in the cities and towns around Whitney. Here's a quick look at the cost of living in the most populous nearby places:
Las Vegas, NV has a cost of living index of 104, 1.1x Whitney.
Henderson, NV has a cost of living index of 111, 1.2x Whitney.
North Las Vegas, NV has a cost of living index of 102, 1.1x Whitney.
City | Population | Cost Of Living | Vs. Whitney |
---|---|---|---|
Las Vegas, NV | 634,786 | 104 | 1.1x |
Henderson, NV | 311,250 | 111 | 1.2x |
North Las Vegas, NV | 259,638 | 102 | 1.1x |
Enterprise, NV | 219,566 | 111 | 1.2x |
Spring Valley, NV | 217,441 | 104 | 1.1x |
Sunrise Manor, NV | 196,411 | 92 | 1.0x |
Paradise, NV | 189,852 | 99 | 1.0x |
Winchester, NV | 36,307 | 95 | 1.0x |
Summerlin South, NV | 28,861 | 127 | 1.3x |