Housing costs in Reno?
A typical home costs
$401,100, which is 18.6% more expensive than the national average of
$338,100 and 3.8% less expensive than the average Nevada home, at
$417,100. Renting a two-bedroom unit in Reno costs
$1,720 per month, which is 18.6% more than the national average of
$1,450 and 7.6% more than the state average of
$1,590.
Can I afford Reno?
To live comfortably in Reno (zip 89506), Nevada, a minimum annual income of
$76,680 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about Reno?
The cost of living in 89506 Reno, NV is generally considered to be fairly reasonable overall. Housing costs are slightly above the national average but can still be found for relatively affordable prices. Cost of groceries and other day-to-day items is generally comparable to the U.S average as well. Utilities may be a bit more expensive than in other parts of the country, although this largely depends on the specific provider that you choose. Transportation costs are also quite low, with plenty of public transportation options available at very reasonable rates. All in all, if you're looking for an affordable place to live, Reno is definitely worth considering.