According to the most recent data on the cost of living, Reno has an overall cost of living index of 111 which is 1.1x higher than the national index of 100.
Compared to only Nevada, Reno has a cost of living index that's 1.1x higher than Nevada's index of 105.
The standard of living in Reno ranks as #4,221 most affordable out of the 6,418 places we measured in Nevada. By definition, that implies Reno ranks as the #2,198 most expensive place in the Silver State.
|Living Expense||Reno||Nevada||National Average|
Housing swings affordability the most between places in Nevada, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
|Median Home Value||$361,100||$290,200||$229,800|
|Home Value To Income||5.8x||4.7x||3.5x|
|Rent To Monthly Income||0.21x||0.22x||0.2x|
|City||Population||Cost Of Living||Vs. Reno|
|Sun Valley, NV||21,179||100||0.9x|
|Spanish Springs, NV||15,820||118||1.1x|
|Cold Springs, NV||10,704||105||0.9x|
|Lemmon Valley, NV||5,183||100||0.9x|