Cost Of Living in Southwest, NV

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Southwest	Reno	Nevada
Cost of living	135	123	100
Goods & Services	99	99	92
Groceries	101	101	103
Health care	95	95	92
Housing	214	172	104
Transportation	122	122	117
Utilities	92	92	99

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Cost Of Living Quick Facts

The cost of living in Southwest is 35% higher than the Reno average
The cost of living in Southwest is 35% higher than the national average
Southwest housing is 114% higher than the national average
Nevada general sales tax is 34% higher than the national average
Nevada state income tax is 100% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Household	$77,984	$6,499	$1,820	$2,340

Nevada Sales Tax

State	General Sales Tax	With Max Surtax
Nevada	6.85%	8.25%

Nevada Income Tax

State	Income Tax (Low)	Income Tax (High)
Nevada	0%	0%

Goods & Services

Item	Reno	National avg.	Difference
Haircut	$25.78	$24.26	6.2%
Beauty Salon	$42.67	$45.56	6.4%
Toothpaste	$3.72	$3.70	0.4%
Shampoo	$1.37	$1.28	6.7%
Movie	$11.00	$12.13	9.3%
Bowling	$21.95	$18.00	21.9%

Groceries

Item	Reno	National avg.	Difference
Ground Beef	$5.87	$5.84	0.5%
Fried Chicken	$1.87	$1.57	18.7%
Milk	$4.60	$4.67	1.6%
Potatoes	$4.57	$4.93	7.4%
Pizza	$12.67	$12.09	4.9%
Beer	$9.41	$10.41	9.6%

Health Care

Item	Reno	National avg.	Difference
Optometrist	$115.11	$125.68	8.4%
Doctor	$129.11	$135.78	4.9%
Dentist	$118.11	$113.29	4.3%
Ibuprofen	$10.85	$10.65	1.8%
Lipitor	$349.59	$468.60	25.4%

Housing

Item	Reno	National avg.	Difference
Home Price	$361,100.00	$184,700.00	95.5%
Avg. Mortgage Payment	$2,701.18	$2,346.69	15.1%
Apartment Rent	$1,107.00	$949.00	16.6%

Transportation

Item	Reno	National avg.	Difference
Gasoline	$4.40	$3.46	27.1%
Tire Balancing	$66.55	$59.92	11.1%

Utilities

Item	Reno	National avg.	Difference
All Electricity	$171.07	$193.99	11.8%
Phone	$185.80	$192.25	3.4%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Floriston, CA	28	102	1.5%
Sun Valley, NV	21,179	102	2.1%
Lemmon Valley, NV	5,183	115	14.6%
Cold Springs, NV	10,704	117	17.3%
Sparks, NV	102,895	120	19.7%
Reno, NV	250,903	123	22.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Glendale, AZ	250,290	104	3.7%
Longueuil, QC	249,920	n/a
Gilbert, AZ	248,349	132	32.0%
North Las Vegas, NV	247,248	108	8.0%
Scottsdale, AZ	254,995	137	37.3%
Reno, NV	250,903	123	22.6%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Southwest, Reno, NV