Skyline of Reno
Cost of Living: 108.5 273,448

Reno, NV, US

The Biggest Little City with no state income tax, Tahoe proximity, and a tech boom.

Updated July 6, 2026
Cost of Living 108.5

Above Average vs US avg (100)

Housing Index 118.2

Above Average

Median Income $62,000

Household income

Unemployment 3.6%

Job market health

Reno vs US Average

Cost of Living
Reno: 108.5
US Avg: 100
Housing Index
Reno: 118.2
US Avg: 100

Taxes

  • State Income Tax: None
  • Sales Tax: 8.3%

Economy & Jobs

  • Median Income: $62,000
  • Unemployment: 3.6%
  • Population: 273,448

Climate

  • Sunny Days: 252/year
  • Summer High: 92°F
  • Winter Low: 24°F

Housing

  • Median Home: $480,000
  • 1BR Rent: $1450/mo

Cost of Living

Reno's cost of living index is 108.5 (US average = 100).

CategoryRenoNational AverageDifference
Overall108.5100+8.5%
Housing118.2100+18.2%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$480,000
Median Rent (1BR)$1450/mo
Median Rent (2BR)$1,813/mo
Price per Sq Ft$320

Data source: Zillow Research, May 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

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$90,000 down
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Utilities

Estimated monthly utility costs for a typical household in Reno:

UtilityEstimated Monthly CostNotes
Electricity$115Based on ~900 kWh/month typical US household usage
Heating (Gas/Oil)$319Estimated based on local climate. Gas or electric
Water$65Includes sewer
Internet (100+ Mbps)$60Broadband average
Garbage / Trash$30Private service
Total Utilities$589Monthly estimate (including heating)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Best Neighborhoods

Downtown Reno

The heart of the city with restaurants, shops, and entertainment. Average rent: $1,740/mo.

Reno Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: $1,595/mo.

East Reno

Up-and-coming neighborhood with new developments and young professionals. Average rent: $1,305/mo.

West Reno

Family-friendly area with parks and good schools. Average rent: $1,378/mo.

Remote Work Score

Reno scores 115/100 for remote work readiness:

  • Internet Speed: Average 200 Mbps (Good)
  • Coworking Spaces: 15+ locations (Good)
  • Cost of Living: Good
  • Climate: 252 year (Good)
  • Quality of Life: Good

Climate

Reno has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January44°F24°F2.5"
April77°F39°F2.8"
July92°F67°F1.5"
October72°F42°F2.2"

Taxes

  • State Income Tax: 0% (None)
  • Sales Tax: 8.265%
  • Property Tax: ~0.64% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.6%.

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Reno, NV, US?

The cost of living index in Reno is 108.5, which is Higher the US national average of 100.

How much does it cost to buy a home in Reno?

The median home price in Reno is $480,000. The housing index is 118.2.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Reno is approximately $1450/mo.

Does Reno, NV have income tax?

Reno is in NV, which has no income tax.

What is the climate like in Reno?

Reno enjoys approximately 252 sunny days per year. Summer highs reach around <no value>°F,92°F, while winter lows can drop to around <no value>°F.24°F.

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024

Data last updated: July 6, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.