Housing costs in Reno?
A typical home costs
$585,900, which is 73.3% more expensive than the national average of
$338,100 and 40.5% more expensive than the average Nevada home, at
$417,100. Renting a two-bedroom unit in Reno costs
$1,590 per month, which is 9.7% more than the national average of
$1,450 and close to the state average of
$1,590.
Can I afford Reno?
To live comfortably in Reno (zip 89509), Nevada, a minimum annual income of
$112,320 for a family, and
$50,400 for a single person is recommended.
What does A.I. say about Reno?
The cost of living in 89509 Reno, NV is quite reasonable. In fact, the averages for housing, groceries, utilities and transportation costs are all below the national average. Housing costs in particular are very affordable compared to other areas of the country, making it a great location for anyone looking to invest in real estate or just find a place to call home. Additionally, the local economy is steadily growing with numerous job opportunities available as well as a vibrant entertainment and cultural scene that continues to attract new people from around the world. All in all, 89509 Reno is an excellent place to live for those who want to enjoy life while keeping their expenses low.