CostByCity

Cost of Living in Reno, NV

2024 data from the Bureau of Economic Analysis

Cost Index
101.0
1.0% above avg
Housing Index
123.5
Median Income
$81,576
Median Rent
$1,400/mo

Cost Breakdown

Overall101.0 (+1.0%)
Housing123.5 (+23.5%)
Goods96.3 (-3.7%)
Utilities89.3 (-10.7%)
Other Services98.7 (-1.3%)

National average = 100

Income & Housing

Median Household Income
$81,576/year
Median Home Value
$458,700
Median Monthly Rent
$1,400/mo
Per Capita Income
$44,449/year

Compare Reno, NV With

Reno, NV vs Charleston, SCReno, NV vs Burlington, VTReno, NV vs Kenosha, WIReno, NV vs Fort Collins, COReno, NV vs Tampa, FLReno, NV vs Bakersfield, CAReno, NV vs Ann Arbor, MIReno, NV vs Salt Lake City, UTReno, NV vs Chico, CAReno, NV vs Lexington Park, MD

Frequently Asked Questions

Is Reno, NV expensive to live in?
Reno, NV has a cost of living index of 101.0, which is 1.0% above the national average.
How much does housing cost in Reno, NV?
Housing costs in Reno, NV are indexed at 123.5 compared to the national average of 100. The median monthly rent is $1,400.
What is the average income in Reno, NV?
The median household income in Reno, NV is $81,576 per year.
What is the average home price in Reno, NV?
The median home value in Reno, NV is $458,700.