Cost of Living in Paradise, NV
Population: 186,178 • 2026 Data
$58,874
Median Household Income
-24% vs national
$1,287
Median Monthly Rent
-5% vs national
$358,400
Median Home Value
+6% vs national
9.4%
Unemployment Rate
Housing in Paradise
The median home value in Paradise, NV is $358,400. Monthly rent for a typical unit averages $1,287, while total monthly housing costs (including utilities and insurance) average $1,290.
Rent-to-income ratio: 26.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Paradise, NV is $58,874. The unemployment rate stands at 9.4%, with a labor force of 101,839 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.