Cost of Living in Washoe Valley, NV

Population 3,404 · Nevada · Data vintage 2023

186
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Washoe Valley run well above the national baseline, with a median of $567,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $111,371 place the city among the better-paid Nevada metros. The labor market has been unusually tight, with unemployment around 1.4% — below most comparable cities in the state.

Geographically, Washoe Valley sits roughly 20 miles south of Reno. Median home values run roughly 14% higher than Reno's $499,000.

Cost Overview

Housing 186

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Washoe Valley

The median home value in Washoe Valley is $566,600 — 86% above the national median of $305,000. The median household income of $111,371/year is 49% higher than the US median of $74,580. The local unemployment rate is 1.4%, below the national average of 4.8%. Nevada charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 68.8°F and lows of 41.1°F, with about 20.9" of annual snowfall. Overall, Washoe Valley has a cost of living index of 186 versus the US average of 100, meaning it is 86% more expensive.

🏠 Housing

Median Home Value
$566,600
86% above avg
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$961
1 BR
$1,006
2 BR
$1,320
3 BR
$1,821
4 BR
$2,217
Owner-occupied 95.3%
Renter-occupied 4.7%

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
28.4 min
5% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.3%

Commute Mode

Drove alone
80.5%
Carpooled
8.7%
Walked
0.5%
Work from home
10.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.8%
Avg local rate 1.4%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$111,371
49% above avg
Per Capita Income
$49,961
Unemployment Rate
1.4%
71% below avg
Poverty Rate
3.6%
Labor Force Participation
50.9%

🎓 Education

Bachelor's degree+ 15.3%
Graduate degree 6.6%

👥 Demographics

Median Age 59.2
Male median age 58.5
Female median age 61.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
68.8°F
Avg Low
41.1°F
Annual Precip
7.4"
Annual Snowfall
20.9"
20° 40° 60° 80° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 485259657485949284705747
Low °F 262934394754605850403126
Precip" 1.251.030.800.440.550.410.200.240.210.500.621.10
Snow" 5.25.22.90.40.10.00.00.00.00.11.85.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 50 — Good
52.3%
Good air days/yr
97
Max AQI recorded
112
PM2.5 days
248
Ozone days

Frequently Asked Questions

What is the cost of living in Washoe Valley, NV?

Washoe Valley has a cost index of 186 (100 = national average). It is 86% above the national average.

What is the average home price in Washoe Valley?

The median home value in Washoe Valley is $566,600 according to 2023 Census ACS data.

What is the median income in Washoe Valley?

The median household income in Washoe Valley is $111,371 per year (2023 ACS 5-year estimates).

What is the sales tax in Washoe Valley, NV?

The combined state and local sales tax rate in Washoe Valley is 8.2%. Nevada has no state income tax.

Is Washoe Valley, NV affordable?

Washoe Valley is above average in cost of living, with an index of 186 — about 86% higher than the national average.

What is the weather like in Washoe Valley?

Washoe Valley has average high temperatures of 68.8°F and average lows of 41.1°F. Annual precipitation is 7.4". Average annual snowfall is 20.9". Data from NOAA 1991–2020 Climate Normals.

Washoe Valley at a Glance

Population
3,404
Median Income
$111,371
Home Value
$566,600
Unemployment
1.4%
Avg High Temp
68.8°F
Sales Tax
8.2%
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Explore county-level cost of living data

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