Cost of Living in Kingsbury, NV

With a cost of living index of 148, Kingsbury, NV is one of the most expensive cities in the United States. Living here is 48% more expensive than the national average and 38% above the Nevada state average of 109. Kingsbury is a small community of 2,165 residents.

Housing costs are the biggest factor in Kingsbury's cost of living. The median monthly rent is $1,586 (20% above the US median of $1,319), and the median home value sits at $796,100 (161% above the national median of $304,900). At current prices, the median home costs roughly 8.5x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Kingsbury is $93,831, which is 25% 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 do not fully offset the higher cost of living.

Climate is another factor for anyone considering a move to Kingsbury. 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.