Cost of Living in Incline Village, NV

Population 9,152 · Nevada · Data vintage 2023

319
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing prices in Incline Village cluster toward the top of the US distribution — a median of $1.3 million, roughly 4 times the national figure, consistent with markets dominated by nonresident and vacation-home buyers.

Geographically, Incline Village sits roughly 20 miles south of Reno. Median home values run roughly 164% higher than Reno's $499,000.

Cost Overview

Housing 431
Rent 149

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Incline Village

The median home value in Incline Village is $1,315,700 — 331% above the national median of $305,000. Median rent runs $1,963/month, 49% higher than the national median of $1,314/month. The median household income of $162,821/year is 118% higher than the US median of $74,580. The local unemployment rate is 4.0%, below the national average of 4.8%. Nevada charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 68.8°F and lows of 41.1°F, with about 20.9" of annual snowfall. Overall, Incline Village has a cost of living index of 319 versus the US average of 100, meaning it is 219% more expensive.

🏠 Housing

Median Home Value
$1,315,700
331% above avg
Zillow Home Value
$263,356
Zillow ZHVI
Median Rent
$1,963/mo
49% above avg
Zillow Rent
$3,297/mo
Zillow ZORI
Price-to-Rent Ratio
55.9x
Favors renting
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$961
1 BR
$1,006
2 BR
$1,320
3 BR
$1,821
4 BR
$2,217
Owner-occupied 68.4%
Renter-occupied 31.6%

💰 Estimated Monthly Budget

Rent median rent
$1,963
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,577/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
21.2 min
21% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
42.5%

Commute Mode

Drove alone
43.1%
Carpooled
8.4%
Public transit
0.4%
Walked
3.1%
Bicycle
0.1%
Work from home
42.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.8%
Avg local rate 1.4%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$162,821
118% above avg
Per Capita Income
$109,461
Unemployment Rate
4.0%
17% below avg
Poverty Rate
6.7%
Labor Force Participation
62.8%

🎓 Education

Bachelor's degree+ 34.9%
Graduate degree 29.3%

👥 Demographics

Median Age 47
Male median age 46.2
Female median age 47.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
68.8°F
Avg Low
41.1°F
Annual Precip
7.4"
Annual Snowfall
20.9"
20° 40° 60° 80° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 485259657485949284705747
Low °F 262934394754605850403126
Precip" 1.251.030.800.440.550.410.200.240.210.500.621.10
Snow" 5.25.22.90.40.10.00.00.00.00.11.85.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 50 — Good
52.3%
Good air days/yr
97
Max AQI recorded
112
PM2.5 days
248
Ozone days

Frequently Asked Questions

What is the cost of living in Incline Village, NV?

Incline Village has a cost index of 319 (100 = national average). It is 219% above the national average.

What is average rent in Incline Village, NV?

The median gross rent in Incline Village is $1,963 per month based on 2023 Census data.

What is the average home price in Incline Village?

The median home value in Incline Village is $1,315,700 according to Zillow and Census data.

What is the median income in Incline Village?

The median household income in Incline Village is $162,821 per year (2023 ACS 5-year estimates).

What is the sales tax in Incline Village, NV?

The combined state and local sales tax rate in Incline Village is 8.2%. Nevada has no state income tax.

Is Incline Village, NV affordable?

Incline Village is above average in cost of living, with an index of 319 — about 219% higher than the national average.

What is the weather like in Incline Village?

Incline Village has average high temperatures of 68.8°F and average lows of 41.1°F. Annual precipitation is 7.4". Average annual snowfall is 20.9". Data from NOAA 1991–2020 Climate Normals.

Incline Village at a Glance

Population
9,152
Median Income
$162,821
Home Value
$1,315,700
Median Rent
$1,963/mo
Unemployment
4.0%
Avg High Temp
68.8°F
Sales Tax
8.2%
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🗺️ County data for Nevada

Explore county-level cost of living data

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