Cost of Living in Sun Valley, NV
Population 22,697 · Nevada · Data vintage 2023
(100 = US avg)
Sun Valley is a smaller Nevada community of around 23000 residents, where median household incomes of $76,108 and housing costs ($321,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Unemployment has stayed elevated relative to the national figure — 6.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Sun Valley is part of the immediate Sparks metro area — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 30% lower than Sparks' $456,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Sun Valley
The median home value in Sun Valley is $321,000 — 5% above the national median of $305,000. Median rent runs $1,161/month, 12% lower than the national median of $1,314/month. The median household income of $76,108/year is 2% higher than the US median of $74,580. The local unemployment rate is 6.2%, above 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, Sun Valley has a cost of living index of 98 versus the US average of 100, meaning it is 2% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 48 | 52 | 59 | 65 | 74 | 85 | 94 | 92 | 84 | 70 | 57 | 47 |
| Low °F | 26 | 29 | 34 | 39 | 47 | 54 | 60 | 58 | 50 | 40 | 31 | 26 |
| Precip" | 1.25 | 1.03 | 0.80 | 0.44 | 0.55 | 0.41 | 0.20 | 0.24 | 0.21 | 0.50 | 0.62 | 1.10 |
| Snow" | 5.2 | 5.2 | 2.9 | 0.4 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 1.8 | 5.2 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Sun Valley, NV?
Sun Valley has a cost index of 98 (100 = national average). It is 2% below the national average.
What is average rent in Sun Valley, NV?
The median gross rent in Sun Valley is $1,161 per month based on 2023 Census data.
What is the average home price in Sun Valley?
The median home value in Sun Valley is $321,000 according to Zillow and Census data.
What is the median income in Sun Valley?
The median household income in Sun Valley is $76,108 per year (2023 ACS 5-year estimates).
What is the sales tax in Sun Valley, NV?
The combined state and local sales tax rate in Sun Valley is 8.2%. Nevada has no state income tax.
Is Sun Valley, NV affordable?
Sun Valley is near the national average in terms of cost of living, with an index of 98 (100 = US average).
What is the weather like in Sun Valley?
Sun Valley 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.
Sun Valley at a Glance
- Population
- 22,697
- Median Income
- $76,108
- Home Value
- $321,000
- Median Rent
- $1,161/mo
- Unemployment
- 6.2%
- Avg High Temp
- 68.8°F
- Sales Tax
- 8.2%
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Nevada Rankings
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