Nevada · Census, HUD and BEA figures · Updated

Cost of Living in Washoe County, NV

Prices around Washoe County, NV run 1% above the U.S. average (BEA, the metro area). The typical household there earns $88,096 a year, and HUD puts a two-bedroom at $1,870 a month. Keeping that rent under 30% of income takes about $74,800 a year.

Washoe County, NV at a glance

Median household income

$88,096$7,341 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,870HUD FY2026 Fair Market Rent
Price level (U.S. = 100)101.0+1% · BEA, the metro area
Electricity13.1¢per kWh · EIA Residential NV
Population497,200Census ACS 5-year estimate

How much rent can you afford in Washoe County, NV?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,870Monthly market rent
Share of gross income25.5%Recommended max: 30%
Annual income needed$74,800To meet the 30% standard
Max affordable rent$2,202At 30% of $88,096
0%30% (Affordability standard)100%
Compare against:

How much is rent in Washoe County, NV? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Reno, NV HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Washoe County, NV, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,289$15,468$51,56017.6%
1-Bedroom Apartment$1,489$17,868$59,56020.3%
2-Bedroom ApartmentBenchmark$1,870$22,440$74,80025.5%
3-Bedroom Home$2,539$30,468$101,56034.6%
4-Bedroom Home$2,949$35,388$117,96040.2%

Rent in Washoe County, NV, with the wage each unit needs →

What a typical income covers in Washoe County, NV

The 50/30/20 rule applied to the local median of $88,096 a year ($7,341 a month before tax).

Needs (50%)$3,671/moRent ($1,870 2-BR), utilities (~$118/mo), groceries, transit
Wants (30%)$2,202/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,468/moEmergency fund, retirement, paying down loans

What $88,096 leaves after Nevada taxes

Federal income tax, Social Security, Medicare and Nevada tax on the local median income. Change the salary to see yours.

$88,096
$35,000$180,000
Filing status:
Gross salary breakdown$88,096
Net 80%
Fed 12%
FICA 8%
Annual take-home$70,806After all taxes
Monthly deposit$5,900Estimated per month
Biweekly paycheck$2,723Every 2 weeks (26/yr)
Effective tax rate19.6%Total tax burden
Federal income tax$10,551 / yr
Nevada state income taxNo state wage tax$0
FICA (Social Security & Medicare)$6,739 / yr

Living in Washoe County, NV: common questions

What is the median household income in Washoe County, NV?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Washoe County, NV is $88,096 per year (approximately $7,341 per month).

What is the average rent in Washoe County, NV?

The closest official figure is HUD's Fair Market Rent for 2026: $1,289 for a studio, $1,489 for one bedroom, $1,870 for two, $2,539 for three and $2,949 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Washoe County, NV expensive to live in?

Prices there run 1% above the U.S. average. BEA's regional price parity for the metro area is 101.0, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Washoe County, NV?

To keep a $1,870 two-bedroom under 30% of gross income, a household needs about $74,800 a year, or $6,233 a month. That is 85% of what the typical household in Washoe County, NV earns.

How much do you need to live comfortably in Washoe County, NV?

On the local median income of $88,096 ($7,341 a month before tax), the 50/30/20 rule leaves $3,671 a month for needs like rent, utilities and groceries, $2,202 for everything else and $1,468 for savings or debt. A two-bedroom at $1,870 takes 51% of the needs share.

How much is the electric bill in Washoe County, NV?

Homes in Nevada paid 13.1¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $118. Your bill depends mostly on heating and cooling.