Paradise, Nevada has an overall cost of living index of 98.3, which is 1.7 points below the US average of 100 — making it about average versus most American cities. Renters pay a median of $1,372 per month, while the typical home is valued around $384,200. Households earn a median of $59,190 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 36. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$59,190
Annual · Census ACS
Median Gross Rent
$1,372
Per month · Census ACS
Median Home Value
$384,200
Census ACS
Cost of Living Index
98.3
BEA RPP · US avg = 100
1BR Fair Market Rent
N/A
HUD FMR
2BR Fair Market Rent
N/A
HUD FMR
3BR Fair Market Rent
N/A
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
Each category is indexed to the US average of 100. Below 100 = cheaper than average.
Overall
98.3
Goods
96.8
Rents / Housing
116.1
Services
91.6
Source: BEA Regional Price Parities (metro-level)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | $137,360 |
| 🏥Registered Nurse | $102,400 |
| 📚Elementary Teacher | $62,290 |
| ⚡Electrician | $72,240 |
| 📊Accountant | $82,310 |
| 🔧Plumber | $65,560 |
| ⚕️Nurse Practitioner | $225,660 |
| 🏗️Civil Engineer | $108,690 |
| 👔Operations Manager | $124,970 |
| 📈Market Research Analyst | $73,440 |
| 🏢Health Services Manager | $124,640 |
| 🚛Truck Driver | $58,550 |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | $111,990 |
Source: BLS OEWS 2023 (metro-level data)
Population
185,913
Latest estimate
Median Age
39.3 yrs
Census ACS
Average AQI
36.0
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
58
0–100 scale
Avg Median Rent
$1,513
Per month
Avg Home Value
$395,160
Census ACS
January Avg
49°F
July Avg
93°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Dry/Arid · Source: NOAA/NCEI 30-year normals.
Healthcare Score
47.3
fair
Hospitals
116
Doctors per 1,000
1.00
Insurance Coverage
84.8%
What is the cost of living index for Paradise?
Paradise has a Regional Price Parity (RPP) index of 98.3. The US national average is 100, so Paradise is 1.7 points below the national average.
What is the median rent in Paradise?
The median gross rent in Paradise is $1,372 per month according to US Census ACS data.
What is the median household income in Paradise?
The median household income in Paradise is $59,190 per year.
What is the median home value in Paradise?
The median home value in Paradise is $384,200 based on the latest Census ACS survey.
How is the air quality in Paradise?
Paradise has an average Air Quality Index (AQI) of 36.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
What are the taxes like in Paradise?
Tax data for Nevada is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology