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Reno, NV

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
108
Average
Median Home Value
$498,600
National: $426,735
Median Rent
$1,453/mo
National: $1,527/mo
Household Income
$78,448
National: $84,532
Population
268,959
Purchasing Power
86
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
117 / 100
100 = national average
Rent Index
95 / 100
Overall Index
108
Average

Reno Mortgage Calculator

Pre-filled with the local median home value of $498,600 and Nevada's property tax rate of 0.53%.

Salary & Purchasing Power

Median household income is $78,448 7% below the national average.

What $78,448 in Reno Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$109,682+40%
Los Angeles, CA$123,483+57%
Chicago, IL$58,836-25%
Houston, TX$51,572-34%

Property Tax in Reno, NV

Est. Annual Property Tax
$2,643
Monthly Impact
$220
Added to your mortgage
Effective Rate
0.53%
National avg: ~1.00%

Nevada Tax Overview

Tax TypeNevadaNational Avg
Property Tax Rate0.53%1.00%
Top Income Tax RateNo State Income Tax~5.0%
State Sales Tax8.23%~5.0%

Compare Reno to Another City

See how far your salary goes somewhere else.

Cost of Living Comparison

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Reno, NV
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Reno, NV: 117
Rent Prices
95
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR