Cost of Living in Summerlin South, NV

Population 30,075 · Nevada · Data vintage 2023

199
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Summerlin South run well above the national baseline, with a median of $642,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $113,301 place the city among the better-paid Nevada metros.

Summerlin South is part of the immediate Spring Valley metro area — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 57% higher than Spring Valley's $408,000.

Cost Overview

Housing 210
Rent 183

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

About the Cost of Living in Summerlin South

The median home value in Summerlin South is $641,600 — 110% above the national median of $305,000. Median rent runs $2,400/month, 83% higher than the national median of $1,314/month. The median household income of $113,301/year is 52% higher than the US median of $74,580. The local unemployment rate is 3.2%, 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 79.9°F and lows of 57.7°F. Overall, Summerlin South has a cost of living index of 199 versus the US average of 100, meaning it is 99% more expensive.

🏠 Housing

Median Home Value
$641,600
110% above avg
Median Rent
$2,400/mo
83% above avg
Price-to-Rent Ratio
22.3x
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 72.1%
Renter-occupied 27.9%

💰 Estimated Monthly Budget

Rent median rent
$2,400
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,014/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
25.4 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
18.4%

Commute Mode

Drove alone
70.7%
Carpooled
6.9%
Public transit
0.5%
Walked
0.1%
Work from home
18.4%

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
$113,301
52% above avg
Per Capita Income
$79,604
Unemployment Rate
3.2%
33% below avg
Poverty Rate
5.9%
Labor Force Participation
58.6%

🎓 Education

Bachelor's degree+ 29.2%
Graduate degree 20.7%

👥 Demographics

Median Age 47.1
Male median age 43
Female median age 51.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
79.9°F
Avg Low
57.7°F
Annual Precip
4"
30° 50° 70° 90° 110° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 58627178889910410294816756
Low °F 394349556474807870584638
Precip" 0.670.820.510.230.080.010.130.220.240.350.290.44

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 61 — Moderate
29%
Good air days/yr
197
Max AQI recorded
101
PM2.5 days
247
Ozone days

Frequently Asked Questions

What is the cost of living in Summerlin South, NV?

Summerlin South has a cost index of 199 (100 = national average). It is 99% above the national average.

What is average rent in Summerlin South, NV?

The median gross rent in Summerlin South is $2,400 per month based on 2023 Census data.

What is the average home price in Summerlin South?

The median home value in Summerlin South is $641,600 according to 2023 Census ACS data.

What is the median income in Summerlin South?

The median household income in Summerlin South is $113,301 per year (2023 ACS 5-year estimates).

What is the sales tax in Summerlin South, NV?

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

Is Summerlin South, NV affordable?

Summerlin South is above average in cost of living, with an index of 199 — about 99% higher than the national average.

What is the weather like in Summerlin South?

Summerlin South has average high temperatures of 79.9°F and average lows of 57.7°F. Annual precipitation is 4". Data from NOAA 1991–2020 Climate Normals.

Summerlin South at a Glance

Population
30,075
Median Income
$113,301
Home Value
$641,600
Median Rent
$2,400/mo
Unemployment
3.2%
Avg High Temp
79.9°F
Sales Tax
8.2%
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Explore county-level cost of living data

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