Housing costs in Reno?
A typical home costs
$920,300, which is 172.2% more expensive than the national average of
$338,100 and 120.6% more expensive than the average Nevada home, at
$417,100. Renting a two-bedroom unit in Reno costs
$1,950 per month, which is 34.5% more than the national average of
$1,450 and 18.5% more than the state average of
$1,590.
Can I afford Reno?
To live comfortably in Reno (zip 89511), Nevada, a minimum annual income of
$176,400 for a family, and
$61,600 for a single person is recommended.
What does A.I. say about Reno?
The cost of living in 89511 Reno, NV is relatively affordable compared to other parts of the country. The median home price in the area is around $375,000, which is significantly lower than the national average of $177,200. Renting an apartment typically costs anywhere from $900 to $1,700 a month depending on size and amenities. Groceries are also fairly priced when compared to other cities; items like milk and bread will generally cost about 2-3 dollars each with most restaurants offering meals starting at around 10 dollars. This makes living in 89511 Reno, NV an attractive option for those on a budget or those who want to save for larger purchases.