Cost of Living in Walker Lake, NV
Population: 402 | Nevada
Walker Lake is 14% less expensive than the national average.
Cost of Living in Walker Lake, NV: What You Need to Know
With a cost of living index of 86, Walker Lake, NV is a very affordable place to live. Living here is 14% cheaper than the national average and 23% below the Nevada state average of 109. Walker Lake is a small community of 402 residents.
The median household income in Walker Lake is $44,500, which is 41% lower than the national median of $75,149. 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 Walker Lake. 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.
Income
- Median Household Income
- $44,500
- vs US Median ($75,149)
- -41%
Housing
- Median Home Value
- $146,800
- Median Monthly Housing Cost
- $722/mo
Climate in Walker Lake
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 47 | 53 | 61 | 67 | 76 | 87 | 96 | 94 | 85 | 71 | 56 | 46 |
| Avg °F | 34 | 39 | 46 | 51 | 60 | 69 | 77 | 75 | 66 | 53 | 41 | 33 |
| Low °F | 22 | 25 | 31 | 35 | 44 | 51 | 58 | 55 | 48 | 36 | 26 | 20 |
| Rain" | 0.5 | 0.5 | 0.5 | 0.5 | 0.9 | 0.4 | 0.1 | 0.1 | 0.2 | 0.4 | 0.5 | 0.4 |