Cost of Living in Mount Charleston, NV

With a cost of living index of 126, Mount Charleston, NV is a notably expensive place to live. Living here is 26% more expensive than the national average and 17% above the Nevada state average of 109. Mount Charleston is a small community of 518 residents.

The median household income in Mount Charleston is $111,250, which is 48% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

Climate is another factor for anyone considering a move to Mount Charleston. The area sees an average annual temperature of 68.8°F, with summers averaging 89°F and winters around 49°F. Annual rainfall totals 4 inches spread over roughly 23 days. Hot summers are common, which can affect utility costs and lifestyle.

Everyday prices in the Las Vegas-Henderson-North Las Vegas, NV (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.