Housing costs in Reno?
A typical home costs
$555,300, which is 64.2% more expensive than the national average of
$338,100 and 33.1% more expensive than the average Nevada home, at
$417,100. Renting a two-bedroom unit in Reno costs
$1,790 per month, which is 23.4% more than the national average of
$1,450 and 11.2% more than the state average of
$1,590.
Can I afford Reno?
To live comfortably in Reno (zip 89523), Nevada, a minimum annual income of
$106,560 for a family, and
$56,800 for a single person is recommended.
What does A.I. say about Reno?
The cost of living in 89523 Reno, NV is quite reasonable. The median home value is around $360,000 while the median rent is only about $1,400 a month. Groceries and health care are also more affordable than the national average. Overall, it's an attractive area to live for those looking for an affordable place to call home.