StateRates

Reno cost of living

Prices in the Reno, NV metro area run at 101.0 against a national average of 100, ranking it #68 of 387 metros. Rents there sit at 123.5.

Nevada

All items 101.0 #68 of 387 metros
Rents 123.5 national average 100
Median wage $48,970 BLS metro survey
Worth nationally $48,485 same wage, adjusted

What drives the number

Reno sits at 101.0, which is as close to the national average as this series gets. That makes it a useful reference point: a salary quoted here means roughly what the same salary means nationally. Against Nevada as a whole it is 1 point more expensive, which is the usual direction: cities cost more than the states around them.

Housing is doing nearly all of the work. Rents sit at 123.5 while goods sit at 96.3, a gap of 22.5 points between what it costs to live somewhere and what it costs to buy things. Someone who could reduce their housing cost here, by living further out or with fewer rooms, would remove most of the premium.

Comparing a job here against one elsewhere on the headline salary alone will mislead by roughly 1 per cent. Adjusting by the parity fixes that.

All items 101.0
Goods 96.3
Rents 123.5
Other services 89.3

The vertical line is the national average of 100. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, SARPP, 2024.

Salaries in Reno

What the biggest local jobs are really worth

The same pay buys different amounts in different places, so a salary quoted in Reno is not comparable to one quoted elsewhere until it is divided by the local parity. These are the occupations that employ the most people here, with the quoted median alongside what that median is worth at national prices.

Largest occupations in Reno, quoted and price-adjusted
Occupation Employed Median pay Worth nationally U.S. median
Laborers and Freight, Stock, and Material Movers, Hand 10,920 $42,420 $42,000 $38,940
General and Operations Managers 8,150 $102,320 $101,307 $102,950
Miscellaneous Assemblers and Fabricators 7,790 $47,510 $47,040 $42,210
Fast Food and Counter Workers 6,580 $31,300 $30,990 $30,480
Retail Salespersons 6,540 $35,460 $35,109 $34,580
Stockers and Order Fillers 6,520 $40,090 $39,693 $37,090
Heavy and Tractor-Trailer Truck Drivers 5,260 $62,530 $61,911 $57,440
Cashiers 4,930 $30,480 $30,178 $31,190

Pay from the BLS metro survey, adjusted by dividing by the metro parity of 101.0.

Nearby metro areas

Other metros in the same states
Metro area All items Rents Rank
Las Vegas-Henderson-North Las Vegas 100.2 115.5 #86
Carson City 98.1 101.2 #113

Reno: common questions

Is Reno expensive?

Prices are 1% above the national average, a parity of 101.0 where the country is 100. It ranks #68 of the 387 metro areas BEA measures. Against Nevada as a whole it is 1 point more expensive.

What salary do you need in Reno?

The median worker there earns $48,970, which buys what $48,485 buys nationally once local prices are taken into account. Comparing a salary offer between cities without this adjustment is comparing nothing useful.

Is housing the reason?

Usually. Rents here are at 123.5 against goods at 96.3. Goods barely vary between American cities because most are shipped and priced nationally; housing varies enormously, and it dominates any cost of living comparison.