Cost of Living in Schurz, NV

With a cost of living index of 59, Schurz, NV is one of the most affordable cities in the country. Living here is 41% cheaper than the national average and 50% below the Nevada state average of 109. Schurz is a small community of 812 residents.

Housing costs are the biggest factor in Schurz's cost of living. The median monthly rent is $583 (56% below the US median of $1,319), and the median home value sits at $85,000 (72% below the national median of $304,900). At current prices, the median home costs roughly 2.3x the median household income — well within traditional affordability guidelines.

The median household income in Schurz is $36,806, which is 51% lower than the national median of $75,149. Residents spend roughly 19% 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 Schurz. The area sees an average annual temperature of 53.7°F, with summers averaging 74°F and winters around 35°F. Annual rainfall totals 4.9 inches spread over roughly 44 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.