NV metros
Cost of living across major NV metropolitan areas.
What living in NV costs
Across the 2 NV metros we track, the typical cost-of-living index is 98.3 against a national metro median of 95.7 — about 3% pricier than the typical US metro. That ranks NV 33 of the 48 states we cover, counting from the cheapest.
The state is not uniform: Reno, NV is the cheapest metro at 98.0, while Las Vegas, NV runs 98.3 — a spread of 0% between them.
A typical NV home costs $570,546, or about 7× median household income, and typical rent is $1,978/mo.
Taxes in NV
NV levies no state income tax, so the trade-off usually shows up in property and sales tax instead. Effective property tax runs about 0.5% of home value in a typical NV metro, and combined state and local sales tax is around 8.2%.
Property tax is the one that scales with housing, so it bites hardest in the pricier metros above. Per-metro figures are on each metro page.
| Metro | COL index | Median home | Median rent |
|---|---|---|---|
| Las Vegas, NV | 98.3 | $430,650 | $1,737 |
| Reno, NV | 98.0 | $570,546 | $1,978 |
Cities & towns in NV (19)
Local property tax, home values and school scores for each place.