Cost of Living in Reno, NV
| Cost of Living in Reno, NV | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 5% higher | 15% higher |
| Utilities (Monthly) | 9% lower | 15% lower |
| Food | 1% lower | 2% higher |
| Healthcare | 1% higher | 13% lower |
| Transportation | 3% higher | 21% higher |
| Goods & Services | 7% higher | 3% lower |
The cost of living in Reno, NV is 3% higher than the state average and 4% higher than the national average. Reno, NV housing is 15% more expensive than the U.S average, while utilities are about 15% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 2% pricier in Reno, NV than in the rest of the country, while clothing costs around 3% less .
Healthcare services such as doctor check-ups and dentistry cost 13% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 3% cheaper in Reno, NV.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Reno is $1,735, while home prices circle around $648,946.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Reno, energy bills cost around $165.45 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.72 in Reno, a dozen eggs go for around $4.01 and a pound of potatoes circles around $4.40.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Reno, an optometry check-up costs around $117.75, while a dentist appointment is priced $102.50 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $4.13 in Reno, while getting your tires balanced will run you about $67.46.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $26.45 here. Meanwhile, a pair of women's slacks will set you back around $29.97.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Reno, you should budget around $12.22 a month. When it comes to personal services, a haircut usually goes for $27.50, while dry cleaning costs about $18.85.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Reno, the median household income is $78,448.