What is the cost of living in Reno, NV?
According to the most recent data on the cost of living, Reno has an overall cost of living index of 125, which is 1.2x higher than the national index of 100.
Compared to Nevada, Reno has a cost of living index that's 1.2x higher than Nevada's index of 105.
The standard of living in Reno ranks as #28 most affordable out of the 33 places we measured in Nevada. By definition, that implies Reno ranks as the #5 most expensive place in the Silver State.
For more reading on life in Reno, check out:
Reno Cost Of Living Vs. Nevada
Six factors go into calculating the cost of living index in Reno. Here is how it fares on each of the criteria:
The Services index in Reno is 101.
The Groceries index in Reno is 100.
The Health index in Reno is 179.
The Housing index in Reno is 102.
The Transportation index in Reno is 112.
The Utilities index in Reno is 109.
| Living Expense | Reno | Nevada | National Average |
|---|---|---|---|
| Overall | 125 | 105 | 100 |
| Services | 101 | 103 | 100 |
| Groceries | 100 | 102 | 100 |
| Health | 179 | 101 | 100 |
| Housing | 102 | 102 | 100 |
| Transportation | 112 | 109 | 100 |
| Utilities | 109 | 103 | 100 |
Reno Cost Of Living Compared To Nevada Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Nevada, check out:
Protect your home budget Compare home warranties in Reno Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Reno, NV Housing Cost Breakdown
Housing swings affordability the most between places in Nevada, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Reno is $567,856.
The Median Rent in Reno is $1,556.
The Median Income in Reno is $80,760.
The Home Value To Income in Reno is 7.0x.
The Rent To Monthly Income in Reno is 0.23x.
Reno, NV Costs By Category
Detailed Reno Services costs vs. Nevada
Detailed Reno Groceries costs vs. Nevada
Detailed Reno Health costs vs. Nevada
Detailed Reno Transportation costs vs. Nevada
Reno SnackAbility
Cost Of Living In Cities Around Reno
The cost of living varies in the cities and towns around Reno. Here's a quick look at the cost of living in the most populous nearby places:
Sparks, NV has a cost of living index of 123, 1.0x Reno.
Sun Valley, NV has a cost of living index of 106, 0.8x Reno.
Spanish Springs, NV has a cost of living index of 132, 1.1x Reno.
| City | Population | Cost Of Living | Vs. Reno |
|---|---|---|---|
| Sparks, NV | 110,024 | 123 | 1.0x |
| Sun Valley, NV | 22,228 | 106 | 0.8x |
| Spanish Springs, NV | 17,980 | 132 | 1.1x |
| Cold Springs, NV | 11,321 | 120 | 1.0x |
