salaryRent is lower than in 61% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 18 minutes.
How much money do I need?
To rent here comfortably, you should earn about $57,520 a year. That is $28 an hour at a full-time job.
Is rent cheaper than other Iowa cities?
No. Rent here is more expensive than in most of Iowa. It is number 69 of 86 cities from cheapest to most expensive.
How much do households earn in Nevada?
Share of households by yearly income. 21.6% of households earn $100,000 or more.
Rent by apartment size in Nevada
| Size | Nevada | U.S. average |
|---|---|---|
| 1 bedroom | $758 | $1,324 |
| 2 bedrooms | $989 | $1,509 |
| 3 bedrooms | $1,449 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Nevada overall?
Everyday prices in Iowa overall are 12% below the U.S. average (index 87.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Nevada, so the Iowa figure is shown.
Taxes and bills in Nevada
Life in Nevada
Is it cheaper to rent or buy in Nevada?
Buying is cheaper month to month: about $172 a month less than renting.
Owning assumes a typical $182,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,240 for the down payment.
Frequently asked questions
What is the average rent in Nevada, IA?
Renting in Nevada costs a median of about $1,438 a month in 2026, including utilities. The Iowa median is $1,071.
How much do I need to make to live in Nevada?
To keep rent under 30% of income, you need about $57,520 a year, or $28 an hour at a full-time job.
Is Nevada cheap or expensive?
Nevada is rated OK: rent takes 21.3% of the typical household income of $80,989. It ranks 69th cheapest of 86 Iowa cities we track.
How much are property taxes in Nevada?
The median homeowner in Nevada pays $2,615 a year in property taxes, about 1.43% of the median home value.
Is Nevada more expensive than the national average?
Overall prices in Iowa are 12% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Nevada?
The median home value in Nevada is $182,400, about 2.3 times the typical yearly household income.
6,983 people live in Nevada. Numbers are typical (middle) values.