Cost of Living: Reno, NV vs Dallas, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Reno | Dallas |
|---|---|---|
| Housing Index | 120.0 | 115.0 |
| Median Home Price | $458,000 | $414,000 |
| Average Rent (2 BR Apartment) | $1800 | $1800 |
| Average Rent (2 BR House) | $1900 | $1850 |
Housing Comparison: Reno vs Dallas
- In Reno, the median home price is higher at $458,000, while in Dallas it is $414,000.
- The rent for a two-bedroom apartment is equal in both Reno and Dallas at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Reno | Dallas |
|---|---|---|
| Electricity Price | $15.5 | $14.47 |
| Natural Gas Price | $20.66 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Reno vs Dallas
- Electricity costs are higher in Reno at $15.5 per kWh, compared to $14.47 in Dallas.
- Dallas experiences higher natural gas costs at $26.29 per unit, with costs at $20.66 in Reno.
- Utility expenses are equal in both Reno and Dallas averaging $250.