Cost of Living in Reno, TX

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

115.6

100 = national avg

+15.6 vs national average

Living Wage (1 Adult)

$50,874

per year

Living Wage (Family of 4)

$120,248

per year

Cost Index by Category

Housing
118.5
Food
115.1
Transportation
99.1
Healthcare
112.1
Utilities
112.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$785

per month

2 Bedroom

$973

per month

The overall cost of living index in Reno is 115.6, which is 15.6% above the national average. Housing costs are above the national average at an index of 118.5. A single adult needs to earn approximately $50,874 per year to cover basic expenses.