Cost of Living in Amargosa Valley, NV

With a cost of living index of 83, Amargosa Valley, NV is a very affordable place to live. Living here is 17% cheaper than the national average and 26% below the Nevada state average of 109. Amargosa Valley is a small community of 1,408 residents.

The median household income in Amargosa Valley is $55,573, which is 26% lower than the national median of $75,149. Residents spend roughly 17% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Amargosa Valley. The area sees an average annual temperature of 63.5°F, with summers averaging 83°F and winters around 46°F. Annual rainfall totals 5.2 inches spread over roughly 31 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.