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Reno, NV

Cost of living in Reno, Nevada

Washoe County, NV

Part of the Reno Metro Area

Estimated monthly cost
$3,245/mo
for a single person, all categories combined

Population 491,770 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $1,370 42%
Federal tax $573 18%
Healthcare $480 15%
Groceries $343 11%
Transport $250 8%
Energy $169 5%
Water $60 2%
State tax $0 0%

Rent in Reno

Fair Market Rents by bedroom count.

Studio
$1,181
per month
1 bedroom
$1,370
per month
2 bedroom
$1,722
per month
3 bedroom
$2,384
per month
4 bedroom
$2,788
per month

Source: HUD FMR FY2025

Income and earnings in Reno

Annual earnings figures from the Census ACS.

Household income
$85,600
per year
Individual earnings
$45,071
per year
Per capita
$46,857
per year

Source: ACS 2019-2023 5-Year.

Home values in Reno

Average values reported by homeowners.

Average home value
$496,600
Annual property tax
$2,297

Source: ACS 2019-2023 5-Year

Energy costs in Reno

Estimated monthly electricity and gas costs.

Electricity
$129
per month · 14.3¢/kWh
Natural gas
$40
per month
Annual total
$2,028
per year

Source: EIA

Healthcare in Reno

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
9.7%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Reno

State and local tax rates for Nevada.

No state income tax
Nevada does not levy a personal income tax.
State sales tax
6.8%
Combined sales tax
8.2%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Reno

Commute patterns and estimated costs.

Average commute
22.4 min
Drive alone
69.6%
Public transit
1.9%
Work from home
11.2%

Source: ACS

Monthly cost estimates for Reno

What it costs to live in Reno each month.

Single person
$3,245
per month
  • Rent $1,370
  • Energy $169
  • Water $60
  • Groceries $343
  • Transport $250
  • Healthcare $480
  • Federal tax $573
  • State tax $0
Couple
$4,848
per month
  • Rent $1,722
  • Energy $203
  • Water $70
  • Groceries $568
  • Transport $350
  • Healthcare $864
  • Federal tax $1,071
  • State tax $0
Family
$7,656
per month
  • Rent $2,384
  • Energy $254
  • Water $85
  • Groceries $862
  • Transport $450
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $1,071
  • State tax $0

Frequently asked questions about Reno

Common questions about cost of living, rent and salary.

What is the average rent in Reno?

In Reno, Nevada, a one-bedroom apartment averages $1,370 per month, a two-bedroom averages $1,722 per month, a three-bedroom averages $2,384 per month, according to HUD Fair Market Rent data.

What is the average salary in Reno?

In Reno, Nevada, the average household income is $85,600 per year and individual earnings for full-time workers average $45,071 per year, according to U.S. Census Bureau data.

What is the cost of living in Reno?

The estimated cost of living in Reno, Nevada is approximately $3,245 per month for a single person, $4,848 for a couple, $7,656 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Reno?

The combined sales tax rate in Reno, Nevada is 8.23%, which includes the Nevada state rate of 6.85% plus an average local rate of 1.38%.

Is Reno an affordable place to live?

Based on the data, a single person in Reno, Nevada would need approximately $3,245 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $85,600 per year ($7,133 per month). Reno is relatively affordable compared to the national average.

How much does healthcare cost in Reno?

The ACA marketplace benchmark premium in Reno, Nevada is approximately $480 per month for an individual. Approximately 9.7% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Reno?

The average home value in Reno, Nevada is $496,600, with average annual property taxes of $2,297, according to U.S. Census Bureau data.

How does Reno compare to other areas?

You can compare Reno, Nevada with any other US county using our comparison tool at /compare. Reno is in the Reno, NV metro area.

Other counties in Nevada

Browse the full list of counties in Nevada, ranked by cost of living.

See all counties in Nevada

Compare Reno with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources