Elko, NV vs Fernley, NV

Elko is moderately more affordable than Fernley, with a 13.3% lower cost of living index. Elko scores 93 compared to 108 for Fernley, where the US average is 100. This difference means residents of Fernley can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elko is $1,174/month compared to $1,463/month in Fernley — a 20% difference. Home values follow the same pattern: Elko is more affordable at $285,400 median vs $352,600.

Median household income in Elko is $75,630 compared to $87,991 in Fernley (-14%). While Fernley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elko spend roughly 18.6% of their income on rent, less than the 20% in Fernley.

Climate-wise, Fernley is notably warmer with an average of 53.7°F compared to 47.8°F in Elko. Elko receives more rainfall at 10" per year compared to 4.9" in Fernley.