Cost of Living in Minden, NV

Population 3,309 · Nevada · Data vintage 2023

159
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Minden is a smaller Nevada community of around 3000 residents, where median household incomes of $86,806 and housing costs ($525,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 1.8% — below most comparable cities in the state.

Geographically, Minden is about 40 miles south of Reno, the nearest large metro. Housing prices track closely with Reno's $499,000 median.

Cost Overview

Housing 172
Rent 139

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

About the Cost of Living in Minden

The median home value in Minden is $524,500 — 72% above the national median of $305,000. Median rent runs $1,821/month, 39% higher than the national median of $1,314/month. The median household income of $86,806/year is 16% higher than the US median of $74,580. The local unemployment rate is 1.8%, 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, Minden has a cost of living index of 159 versus the US average of 100, meaning it is 59% more expensive.

🏠 Housing

Median Home Value
$524,500
72% above avg
Zillow Home Value
$677,449
Zillow ZHVI
Median Rent
$1,821/mo
39% above avg
Price-to-Rent Ratio
24.0x
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 72.5%
Renter-occupied 27.6%

💰 Estimated Monthly Budget

Rent median rent
$1,821
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,435/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
17.2 min
36% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.9%

Commute Mode

Drove alone
80.9%
Carpooled
9.3%
Walked
2.4%
Bicycle
0.5%
Work from home
6.9%

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
$86,806
16% above avg
Per Capita Income
$44,912
Unemployment Rate
1.8%
63% below avg
Poverty Rate
10.7%
Labor Force Participation
58.4%

🎓 Education

Bachelor's degree+ 22.8%
Graduate degree 10.4%

👥 Demographics

Median Age 50.1
Male median age 49.9
Female median age 50.2

🌤 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

🏫 Schools

NCES CCD 2019 — public school district data

89%
4-Year Graduation Rate
14.2:1
Student-teacher ratio
15
Public schools
5,787
Total enrollment

Frequently Asked Questions

What is the cost of living in Minden, NV?

Minden has a cost index of 159 (100 = national average). It is 59% above the national average.

What is average rent in Minden, NV?

The median gross rent in Minden is $1,821 per month based on 2023 Census data.

What is the average home price in Minden?

The median home value in Minden is $524,500 according to Zillow and Census data.

What is the median income in Minden?

The median household income in Minden is $86,806 per year (2023 ACS 5-year estimates).

What is the sales tax in Minden, NV?

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

Is Minden, NV affordable?

Minden is above average in cost of living, with an index of 159 — about 59% higher than the national average.

What is the weather like in Minden?

Minden 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.

Minden at a Glance

Population
3,309
Median Income
$86,806
Home Value
$524,500
Median Rent
$1,821/mo
Unemployment
1.8%
Avg High Temp
59.2°F
Sales Tax
8.2%
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