Cost of Living in Reno, NV
| Cost of Living in Reno, NV | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 4% higher | 11% higher |
| Utilities (Monthly) | 13% lower | 7% lower |
| Food | 1% lower | 3% higher |
| Healthcare | 1% lower | 12% lower |
| Transportation | 5% higher | 24% higher |
| Goods & Services | 14% higher | 1% lower |
The cost of living in Reno, NV is 5% higher than the state average and 4% higher than the national average. Reno, NV housing is 11% more expensive than the U.S average, while utilities are about 7% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 3% pricier in Reno, NV than in the rest of the country, while clothing costs around 1% less .
Healthcare services such as doctor check-ups and dentistry cost 12% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 1% 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 $1,691, while home prices circle around $596,654.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Reno, energy bills cost around $188.38 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 $4.66 in Reno, a dozen eggs go for around $2.91 and a pound of potatoes circles around $4.59.
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 $118.17, while a dentist appointment is priced $105.00 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $4.35 in Reno, while getting your tires balanced will run you about $66.17.
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 $27.27 here. Meanwhile, a pair of women's slacks will set you back around $32.82.
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 $11.42 a month. When it comes to personal services, a haircut usually goes for $25.83, while dry cleaning costs about $18.92.
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.