Cost of Living in Paradise Valley, NV
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
136.1
100 = national avg
+36.1 vs national average
Living Wage (1 Adult)
$59,868
per year
Living Wage (Family of 4)
$141,506
per year
Cost Index by Category
Housing58.9
Food157.6
Transportation215.2
Healthcare146.1
Utilities126.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,000
per month
2 Bedroom
$1,312
per month
The overall cost of living index in Paradise Valley is 136.1, which is 36.1% above the national average. Housing costs are below the national average at an index of 58.9. A single adult needs to earn approximately $59,868 per year to cover basic expenses.