Cost of Living in Indian Hills, NV

Population 5,772 · Nevada · Data vintage 2023

136
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Indian Hills a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $470,000. The labor market has been unusually tight, with unemployment around 2.9% — below most comparable cities in the state.

Indian Hills is about 30 miles south of Reno, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Reno's $499,000 median.

Cost Overview

Housing 154
Rent 108

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

About the Cost of Living in Indian Hills

The median home value in Indian Hills is $469,700 — 54% above the national median of $305,000. Median rent runs $1,417/month, 8% higher than the national median of $1,314/month. The median household income of $77,881/year is 4% higher than the US median of $74,580. The local unemployment rate is 2.9%, 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 59.2°F and lows of 29.1°F. Overall, Indian Hills has a cost of living index of 136 versus the US average of 100, meaning it is 36% more expensive.

🏠 Housing

Median Home Value
$469,700
54% above avg
Median Rent
$1,417/mo
8% above avg
Price-to-Rent Ratio
27.6x
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 81.3%
Renter-occupied 18.6%

💰 Estimated Monthly Budget

Rent median rent
$1,417
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,031/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
22.5 min
17% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.0%

Commute Mode

Drove alone
74.4%
Carpooled
12.5%
Walked
3.4%
Bicycle
0.3%
Work from home
9.0%

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
$77,881
4% above avg
Per Capita Income
$43,875
Unemployment Rate
2.9%
40% below avg
Poverty Rate
8.7%
Labor Force Participation
59.0%

🎓 Education

Bachelor's degree+ 18.1%
Graduate degree 8.0%

👥 Demographics

Median Age 52.8
Male median age 50.2
Female median age 54.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.2°F
Avg Low
29.1°F
Annual Precip
20.5"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 434348536272808073625143
Low °F 181924283338434135292318
Precip" 2.813.752.871.271.320.550.390.360.281.431.943.49

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 28 — Good
82.5%
Good air days/yr
73
Max AQI recorded
359
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Indian Hills, NV?

Indian Hills has a cost index of 136 (100 = national average). It is 36% above the national average.

What is average rent in Indian Hills, NV?

The median gross rent in Indian Hills is $1,417 per month based on 2023 Census data.

What is the average home price in Indian Hills?

The median home value in Indian Hills is $469,700 according to 2023 Census ACS data.

What is the median income in Indian Hills?

The median household income in Indian Hills is $77,881 per year (2023 ACS 5-year estimates).

What is the sales tax in Indian Hills, NV?

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

Is Indian Hills, NV affordable?

Indian Hills is above average in cost of living, with an index of 136 — about 36% higher than the national average.

What is the weather like in Indian Hills?

Indian Hills has average high temperatures of 59.2°F and average lows of 29.1°F. Annual precipitation is 20.5". Data from NOAA 1991–2020 Climate Normals.

Indian Hills at a Glance

Population
5,772
Median Income
$77,881
Home Value
$469,700
Median Rent
$1,417/mo
Unemployment
2.9%
Avg High Temp
59.2°F
Sales Tax
8.2%
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🗺️ County data for Nevada

Explore county-level cost of living data

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