Cost of Living in Jackpot, NV
Population: 1,429 | Nevada
Jackpot is 19% less expensive than the national average.
Cost of Living in Jackpot, NV: What You Need to Know
With a cost of living index of 81, Jackpot, NV is a very affordable place to live. Living here is 19% cheaper than the national average and 29% below the Nevada state average of 109. Jackpot is a small community of 1,429 residents.
The median household income in Jackpot is $63,560, which is 15% lower than the national median of $75,149. Residents spend roughly 13% 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 Jackpot. The area sees an average annual temperature of 49.1°F, with summers averaging 69°F and winters around 30°F. Annual rainfall totals 10.3 inches spread over roughly 79 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.
Income
- Median Household Income
- $63,560
- vs US Median ($75,149)
- -15%
Housing
- Median Rent
- $712/mo
- Median Monthly Housing Cost
- $664/mo
Climate in Jackpot
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 37 | 42 | 52 | 59 | 69 | 78 | 88 | 87 | 76 | 62 | 47 | 37 |
| Avg °F | 29 | 33 | 41 | 47 | 55 | 64 | 73 | 71 | 62 | 49 | 37 | 29 |
| Low °F | 21 | 24 | 30 | 34 | 42 | 49 | 58 | 56 | 47 | 36 | 26 | 20 |
| Rain" | 1.0 | 0.7 | 1.0 | 1.1 | 1.5 | 1.0 | 0.3 | 0.4 | 0.5 | 0.8 | 0.8 | 1.2 |