Cost of Living in Reno, Nevada

When most people think about the bright city lights of Nevada, Las Vegas comes to mind. But in Nevada's southwest corner, Reno is quickly living up to its nickname, "The Biggest Little City in the World." With a booming casino business and many new housing developments, the city of Reno continues to grow. As an increasing number of people consider moving to Reno, many wonder how the Cost of Living in Reno, Nevada compares to the city in which they are currently living.

The Cost of Living in Reno, Nevada is only slightly higher than the national average; a seven percent difference in cost of living separates Reno from the rest of the country. As shown in the chart above, this difference in cost of living is spread fairly evenly among major expense categories, including groceries, housing, transportation and health care. One advantage to living in Reno is that the cost of utilities is about thirteen percent lower than the national average. To see how the cost of living in your city compares to Reno, Nevada, use PayScale's Cost of Living Calculator to compare living expenses between the two cities.

Cost of Living in Lake Tahoe

Located an hour outside of Reno is the beautiful Lake Tahoe. Lake Tahoe is known in Northern California and Western Nevada as a perfect place for both ski resorts and summer water sports. Crystal clear water and panoramic views of the mountains make Lake Tahoe a beautiful place to visit and live. As increasing numbers of people discover the beauty of Lake Tahoe, more people are looking to own property in the area. The cost of living in Lake Tahoe may be affected as the population continues to grow. If you're considering a move to Lake Tahoe, keep in mind that your cost of living may also be impacted by the cost of utilities. In the snowy winter months, temperatures often fall below freezing while the summer heat can exceed 80 degrees. This drastic swing in temperatures increases the need for heat and air conditioning, which may increase the cost of utilities.

Salaries in Reno, Nevada

With the current increase in gas prices, one main draw to working in Reno is that the Average Commute Time in Reno is just under twenty minutes, far less than other Average Commute Times in the Unites States. Because of increasing numbers of new developments in Reno, there is a great demand for construction workers. Construction project managers have the highest average salaries compared to other Salaries in Reno, Nevada. The increase in development has also led to growth in the technology sector, providing many people with jobs in management, finance and software development. Starting Salaries in Reno, Nevada are extremely competitive, making the “Biggest Little City in the World” one of the best new places to start a career.