salaryRent is lower than in 87% 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 14 minutes.
How much money do I need?
To rent here comfortably, you should earn about $40,440 a year. That is $19 an hour at a full-time job.
Is rent cheaper than other Missouri cities?
Yes. Rent here is cheaper than in most of Missouri. It is number 33 of 142 cities from cheapest to most expensive.
How much do households earn in Nevada?
Share of households by yearly income. 4.9% of households earn $100,000 or more.
Rent by apartment size in Nevada
| Size | Nevada | U.S. average |
|---|---|---|
| Studio | $396 | $1,338 |
| 1 bedroom | $511 | $1,324 |
| 2 bedrooms | $880 | $1,509 |
| 3 bedrooms | $1,068 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Nevada overall?
Everyday prices in Missouri overall are 9% below the U.S. average (index 90.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Nevada, so the Missouri 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 $160 a month less than renting.
Owning assumes a typical $122,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $12,270 for the down payment.
Frequently asked questions
What is the average rent in Nevada, MO?
Renting in Nevada costs a median of about $1,011 a month in 2026, including utilities. The Missouri median is $1,285.
How much do I need to make to live in Nevada?
To keep rent under 30% of income, you need about $40,440 a year, or $19 an hour at a full-time job.
Is Nevada cheap or expensive?
Nevada is rated OK: rent takes 26.3% of the typical household income of $46,174. It ranks 33rd cheapest of 142 Missouri cities we track.
How much are property taxes in Nevada?
The median homeowner in Nevada pays $964 a year in property taxes, about 0.79% of the median home value.
Is Nevada more expensive than the national average?
Overall prices in Missouri are 9% 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 $122,700, about 2.7 times the typical yearly household income.
7,925 people live in Nevada. Numbers are typical (middle) values.