Cost of Living in Gardnerville Ranchos, NV

With a cost of living index of 117, Gardnerville Ranchos, NV is a notably expensive place to live. Living here is 17% more expensive than the national average and 7% above the Nevada state average of 109. Gardnerville Ranchos is a smaller community of 12,185 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Gardnerville Ranchos's cost of living. The median monthly rent is $1,456 (10% above the US median of $1,319), and the median home value sits at $464,800 (52% above the national median of $304,900). At current prices, the median home costs roughly 5.3x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Gardnerville Ranchos is $87,971, which is 17% higher than the national median of $75,149. Residents spend roughly 20% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. While incomes are above average, they more than offset the higher cost of living.

Climate is another factor for anyone considering a move to Gardnerville Ranchos. The area sees an average annual temperature of 44.2°F, with summers averaging 59°F and winters around 31°F. Annual rainfall totals 20.5 inches spread over roughly 75 days.

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.