Cost of Living 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 $1,631, while home prices circle around $577,326.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Reno, energy bills cost around $149.57 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 $3.25 in Reno, a dozen eggs go for around $3.01 and a pound of potatoes circles around $3.29.
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 $111.46, while a dentist appointment is priced $114.08 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $4.55 in Reno, while getting your tires balanced will run you about $64.66.
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 $22.19 here. Meanwhile, a pair of women's slacks will set you back around $27.30.
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 $10.52 a month. When it comes to personal services, a haircut usually goes for $24.00, while dry cleaning costs about $19.71.
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 $67,557.