Housing costs in Reno?
A typical home costs
$620,100, which is 83.4% more expensive than the national average of
$338,100 and 48.7% more expensive than the average Nevada home, at
$417,100. Renting a two-bedroom unit in Reno costs
$2,420 per month, which is 66.9% more than the national average of
$1,450 and 34.3% more than the state average of
$1,590.
Can I afford Reno?
To live comfortably in Reno (zip 89521), Nevada, a minimum annual income of
$118,800 for a family, and
$76,800 for a single person is recommended.
What does A.I. say about Reno?
The cost of living in 89521 Reno, NV is generally low when compared to the national average. Housing prices are quite affordable with a median home value of $272,800 and median rent of $1,125. Groceries and other goods remain similarly affordable with the overall cost of living index being 3% below the national average. Furthermore, gas prices are also cheaper than the national average by 6%. This makes 89521 Reno, NV an attractive location for new arrivals looking to stretch their dollars.