CostBy County

Cost of Living in Mineral County, Nevada

$905/mo
Median Monthly Rent
$156,200
Median Home Value

At a Glance

Median Monthly Rent
$905/mo
23% below state average
Median Home Value
$156,200
53% below national
Census GRAPI
17.7%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Mineral County Compares

Median monthly rent comparison

Mineral County$905/mo
Nevada Average$1,169/mo
National Median$1,413/mo

Detailed Housing Stats

$905/mo
Median Gross Rent
$156,200
Median Home Value
$596/mo
Monthly Owner Cost
17.7%
Census GRAPI

National Ranking

Affordability Rank

Mineral County ranks #1,045 of 3,142 counties for affordability (top 33%)

Most AffordableLeast Affordable

Sourced county brief

Mineral County Official GRAPI Is 17.7 Percent

The official ACS B25071 median gross rent as a percentage of household income (GRAPI) in Mineral County was 17.7%. This canonical rentToIncomePct is 12.4 percentage points lower than the Nevada unweighted county mean of 30.1%. Median gross rent was estimated at $905 per month, compared to the state unweighted county mean of $1,169. For homeowners, the median home value was $156,200, which is below the state unweighted county mean of $306,635. Median selected monthly owner costs for all owner-occupied units were $596, positioned $444 below the state unweighted county mean of $1,040. Renter-household median income data was not available for this period. These figures are from the American Community Survey 2020-2024 5-Year Estimates. All reported values correspond to dataVersion acs5-2020-2024 and methodologyVersion cost-brief-v1 as of 2026-07-10. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Mineral County

Affordability Verdict

ACS B25071 estimates median gross rent at 17.7% of renter household income in Mineral County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $905 per month; median selected monthly owner costs are $596. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $36,200 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Nevada unweighted mean of county median rents is $1,169 per month. Mineral County's $905 median is 22.6% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Mineral County

$

Rent Burden

19.8%

of gross income

Max Housing (28% Rule)

$1,280

per month

Owner Cost Burden

13.0%

of gross income

You can likely afford the median home in Mineral County

Median home value is $156,200. Estimated monthly cost: $1,247 vs. your max of $1,280.

Rent Affordability Guide

Your entered rent as a share of entered income19.8%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,855Needed: $36,200
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,855Needed: $25,543
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,855Needed: $36,352

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Mineral County, Nevada?
Mineral County, Nevada has a median monthly rent of $905/mo and a median home value of $156,200. The affordability rating is Affordable, with median gross rent equal to approximately 17.7% of renter household income.
What is the median rent in Mineral County?
The median gross rent in Mineral County is $905/mo. This is 23% below state average for Nevada.
Is Mineral County affordable?
Mineral County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 17.7%. Median gross rent is under 30% of renter household income.
How does Mineral County's rent compare to the state average?
Mineral County's median rent of $905/mo is 23% below state average of $1,169/mo for Nevada.
What is the median home value in Mineral County?
The median home value in Mineral County, Nevada is $156,200. This is 53% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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