Salary Needed to Live in Reno as a Family

A family of four (2 adults, 2 children) needs approximately $64,303/year to live comfortably in Reno, NV — including 15% savings.

Comfortable Salary
$64,303
with 15% savings
Bare Minimum
$51,090
no savings buffer
Monthly Expenses
$3,108
6% above national avg

Detailed Monthly Budget for a Family in Reno

ExpenseRenoNat'l AvgDiff
🏠 3BR Apartment/House Rent$271$209+30%
🛒 Groceries$65$44+48%
⚡ Utilities$26$28-7%
🚗 Transportation$39$44-11%
🛡️ Car Insurance$136$215-37%
🏥 Health Insurance$55$54+2%
Childcare/After-school$1,296$1,200+8%
Internet + Phones$194$180+8%
Children Activities$270$250+8%
Dining Out$378$350+8%
School Supplies & Clothing$216$200+8%
Healthcare Co-pays$162$150+8%
Total Monthly$3,108$2,924+6%

How We Calculated the Salary

Monthly expenses:$3,108
Target savings (15%):$690/mo
Monthly after-tax needed:$3,798
Effective tax rate:27%

Gross annual salary needed:$64,303

Other Household Types in Reno

Single Person
$20,876/yr
$1,096/mo expenses
Couple (No Kids)
$29,430/yr
$1,496/mo expenses
Retiree
$21,759/yr
$1,233/mo expenses

Related Pages

Living Alone in RenoCity OverviewAfford on $75K?Afford on $100K?Cost of Living

FAQ

What salary does a family with kids need in Reno?
A family with kids needs approximately $64,303/year ($5,359/month gross) to live comfortably in Reno with a 15% savings rate.
How much is rent for a family with kids in Reno?
A 3br apartment/house in Reno costs approximately $271/month, which is the largest single expense at 9% of the total budget.
Is Reno affordable for a family with kids?
Reno is roughly average for family with kids costs, requiring a salary close to the national median.
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