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Elko, NV vs Gardnerville Ranchos, NV

93
Elko
Nevada
VS
-20%
117
Gardnerville Ranchos
Nevada

There is a significant gap in the cost of living between these two cities. Elko is 20% cheaper than Gardnerville Ranchos. With a cost index of 93 vs 117, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elko to Gardnerville Ranchos should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elko is $1,174/month compared to $1,456/month in Gardnerville Ranchos — a 19% difference. Home values follow the same pattern: Elko is more affordable at $285,400 median vs $464,800.

Median household income in Elko is $75,630 compared to $87,971 in Gardnerville Ranchos (-14%). The higher salaries in Gardnerville Ranchos partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Elko spend roughly 18.6% of their income on rent, less than the 19.9% in Gardnerville Ranchos.

Climate-wise, Elko is notably warmer with an average of 47.8°F compared to 44.2°F in Gardnerville Ranchos. Gardnerville Ranchos receives more rainfall at 20.5" per year compared to 10" in Elko.

Income & Cost

Cost of Living Index
Elko
93
20% cheaper
Gardnerville Ranchos
117
Median Household Income
Elko
$75,630
Gardnerville Ranchos
$87,971
14% higher

Housing

Median Rent
Elko
$1,174
19% cheaper
Gardnerville Ranchos
$1,456
Median Home Value
Elko
$285,400
39% cheaper
Gardnerville Ranchos
$464,800
Population
Elko
20,624
Gardnerville Ranchos
12,185

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Elko 47.8°F
Gardnerville Ranchos 44.2°F
Summer High
Elko 92°F
Gardnerville Ranchos 80°F
Winter Low
Elko 16°F
Gardnerville Ranchos 18°F
Rainfall
Elko 10"
Gardnerville Ranchos 20.5"
Rainy Days
Elko 79d
Gardnerville Ranchos 75d