Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Crime
This area reports elevated crime rates per 100,000 individuals, potentially pointing some areas being unsafe for its residents. Stats are based on both property and violent crimes.
Employment
In the employment category, a low score could be attributed to low income levels and high unemployment in the area, suggesting potential difficulties in finding lucrative employment.
Health & Safety
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Nevada is a small city located in the state of Missouri. The city has a population of 8,454 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (93% White). Given that fact, Nevada could be considered less diverse than other cities. If you're not a fan of traffic congestion and long commute times to work, Nevada is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 14 minutes, significantly lower than the national average of 26 minutes.
If you’re considering relocating to any new city, it could be a very intimidating task. However, it could also be a great experience if you are willing to get to know the area before actually living in Nevada, Missouri. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Using the livability score which includes data from categories like cost of living, health & safety, education, employment, housing, you can easily compare the best places to live in Nevada and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Nevada to Missouri and the national average.
Using data and statistics Nevada has received a livability score of 58 out of 100. This score is ranked in the 29th percentile when compared to all other cities. This is a poor rating when compared to the average of other places in the country. If we check out each of the categories individually, we see that Nevada ranks well for housing (A). There are some categories that Nevada does not rank well for, including: amenities (F), crime (F) and employment (F). It might be worth taking a closer look to find out why.
In today's ever-changing economic climate, pursuing a cost-effective lifestyle takes on heightened importance, particularly with the continual increase in prices for everyday necessities. When living in Nevada, residents are privileged to experience a cost of living that stands 24.38% below the national average. This advantageous position has a far-reaching impact, spanning a wide array of expenditures, encompassing not just goods and services, but also housing, groceries, and transportation costs. As a result, this area emerges as a central hub where your financial resources yield greater value, allowing for the maintenance of an economically sustainable lifestyle. This affordability holds exceptional significance in an era characterized by mounting expenses, making Nevada an attractive destination for individuals seeking financial prudence without compromising their quality of life.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Nevada has an unemployment rate of 2.7% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Nevada apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Nevada is real estate affordability. Median real estate prices in Nevada come in at $128,922, which is 48.3% lower than the Missouri average. The home price to income ratio compares the median home prices to the median household income. In Nevada, the home price to income ratio is 2.4, which is 29.4% lower than the Missouri average.
| Statistic | Nevada | Missouri | National |
| Average one way commute | 14min | 23min | 26min |
| Workers who drive to work | 68.6% | 81.6% | 76.4% |
| Workers who carpool | 12.0% | 9.1% | 9.3% |
| Workers who take public transit | 0.5% | 1.5% | 5.1% |
| Workers who bicycle | 0.3% | 0.3% | 0.6% |
| Workers who walk | 5.3% | 1.9% | 2.8% |
| Working from home | 9.4% | 4.6% | 4.6% |
Here are the best places to live in Missouri
Check out the 10 safest cities in Missouri
See the best places to live in Nevada
These are the largest cities in Missouri