Cost of living in Elko

Elko, located in Nevada, is a city known for its rich history and vibrant community. Understanding the cost of living in Elko is crucial for anyone considering moving to or residing in this city.

This guide provides a detailed breakdown of various expenses, including housing, transportation, groceries, and more, to help you make informed financial decisions.

Cost of Living Summary

Dining and Restaurants

We currently don't have enough Dining and Restaurants data available for Elko

    Grocery Prices

    • Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs $6.61 on average.

    Transportation

    • Fuel (Gasoline) - Gasoline is priced at $1.11 per liter.

    Housing Costs

    • 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $1800.
    • 3-Bedroom Apartment Rent (Outside Centre) - Rent for a 3-bedroom apartment outside the city centre also averages $1800.
    • Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is $2422.
    • Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter is also $2422.

    Utilities

    • Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost $172.01 on average.
    • Internet - Internet services average $57.
    • Mobile Phone Plan - A mobile phone plan with calls and 10GB+ data costs $60 on average.

    Sports and Leisure

    • Cinema Ticket - A cinema ticket for an international release costs $12.
    Worldwide
    United States

    Cost of Living Rankings

    The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.

    Highest to LowestUpdated: Dec, 2024
    New York, NY
    1. New York
    New York
    San Francisco, CA
    2. San Francisco
    California
    Honolulu, HI
    3. Honolulu
    Hawaii
    San Jose, CA
    4. San Jose
    California
    Boston, MA
    5. Boston
    Massachusetts
    Seattle, WA
    6. Seattle
    Washington
    Washington, DC
    7. Washington
    United States
    San Diego, CA
    8. San Diego
    California
    Los Angeles, CA
    9. Los Angeles
    California
    Sacramento, CA
    10. Sacramento
    California
    Full Cost of Living Rankings

    Cost of Living Data

    The following pricing data has been gathered from 6 user contributions, as of the most recent update in August, 2024.
    Markets
    Avg / Range
    Loaf of Fresh White Bread (500g)
    $6.61
    Transportation
    Avg / Range
    Gasoline (1 liter)
    $1.11
    Rent Per Month
    Avg / Range
    Apartment (3 bedrooms) in City Centre
    $1,800.00
    Apartment (3 bedrooms) Outside of Centre
    $1,800.00
    Utilities (Monthly)
    Avg / Range
    Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
    $172.01
    Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
    $57.00
    Mobile Phone Monthly Plan with Calls and 10GB+ Data
    $60.00
    Sports And Leisure
    Avg / Range
    Cinema, International Release, 1 Seat
    $12.00
    Buy Apartment Price
    Avg / Range
    Price per Square Meter to Buy Apartment in City Centre
    $2,422.00
    Price per Square Meter to Buy Apartment Outside of Centre
    $2,422.00
    Salaries And Financing
    Avg / Range
    Average Monthly Net Salary (After Tax)
    $6,000.00
    Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
    6.7%
    OverviewJob Market
    Elko Cost of Living

    "Key Takeaways"

    Elko offers a relatively balanced cost of living with moderate housing and utility costs.

    Transportation costs are reasonable, with gasoline priced at $1.11 per liter.

    Grocery prices, such as bread, are on the higher side, which may impact monthly budgets.

    Conclusion

    In conclusion, Elko, NV, presents a cost of living that is manageable for many, with affordable housing and transportation options.

    While some grocery items may be priced higher, the overall expenses are balanced by the relatively high average monthly net salary.

    Potential residents should consider these factors when planning their move to Elko.

    Elko

    Nearby Cities

    Twin Falls, ID137 miles
    Boise, ID194 miles
    Ogden, UT199 miles
    All cities in Nevada