Cost of Living in Sparks, NV

Updated November 2026 · Washoe County · Reno, NV metro area · population 110,024

Local cost index (CostLiving estimate)
104.0
More expensive than the US average
BEA index for the Reno, NV metro area: 101.0
Monthly budget
$2,886
single adult · $5,762 family of 4
Modelled estimate, before taxes
Median rent
$1,716
per month, gross rent · US $1,413
Median home value
$483,800
US $332,700 · Expensive

Prices in Sparks are 4.0% above the US average (local index 104.0; the BEA index for the Reno, NV metro area is 101.0), with local housing the biggest cost driver at 132.5; a single adult's modelled budget is about $2,886 a month and the median rent is $1,716.

Prices by category

CostLiving local estimate. 100 = US average; 110 means prices are 10% higher. Housing reflects Sparks's own median rent compared with the area's average rent; goods, utilities and other services are BEA's official price parities for the Reno, NV metro area, unchanged.

Sparks price index by category, US average = 100: All items 104.0, Housing (rents) 132.5, Goods 96.3, Utilities 89.3, Other services 98.7

Cheaper than US average More expensive · CostLiving estimate from BEA RPP 2024 and Census ACS rents

It is the 2nd most expensive of the 11 Nevada cities in our data. More expensive than 57% of the cities we cover.

Official BEA Regional Price Parities for the Reno, NV metro area. 2024: goods 96.3, housing 123.5, utilities 89.3, other services 98.7.
BEA index201920202021202220232024
All items100.298.396.997.998.0101.0

Monthly budget by household type

1 adult · 1-bedroom · modelled estimate for Sparks, NV

CategoryPer monthPer yearShare
Housing (rent) $1,210 $14,520 42%
Utilities $225 $2,700 8%
Food at home $272 $3,264 9%
Transportation $670 $8,040 23%
Health care $347 $4,164 12%
Clothing, personal care & supplies $162 $1,944 6%
Total$2,886$34,632100%

2 adults · 2-bedroom · modelled estimate for Sparks, NV

CategoryPer monthPer yearShare
Housing (rent) $1,576 $18,912 33%
Utilities $359 $4,308 8%
Food at home $501 $6,012 11%
Transportation $1,325 $15,900 28%
Health care $643 $7,716 14%
Clothing, personal care & supplies $319 $3,828 7%
Total$4,723$56,676100%

2 adults + 2 children · 3-bedroom · modelled estimate for Sparks, NV

CategoryPer monthPer yearShare
Housing (rent) $1,834 $22,008 32%
Utilities $437 $5,244 8%
Food at home $715 $8,580 12%
Transportation $1,766 $21,192 31%
Health care $599 $7,188 10%
Clothing, personal care & supplies $411 $4,932 7%
Total$5,762$69,144100%

Modelled estimate of basic costs, excluding taxes, child care and savings. Housing is rent excluding tenant-paid utilities (counted under utilities). See how the budget is calculated.

Housing costs in Sparks

Rent by number of bedrooms

SizeMedian rent
Studio $1,287
1 bedroom $1,361
2 bedrooms $1,772
3 bedrooms $2,062
4 bedrooms $2,417

Median rent: Census ACS 2020-2024 median gross rent by bedrooms (rent plus tenant-paid utilities, all renters).

Rent, home values and affordability

MeasureValue
Median gross rent$1,716
Median contract rent (excl. utilities)$1,526
Median home value$483,800
Owner costs with a mortgage$2,010/mo
Median household income$89,056
Rent as % of renter income Expensive30.3%
Home value ÷ household income Expensive5.4×

Census ACS 5-year 2020-2024.

Electricity and gas prices

Residential electricity in Nevada

12.72¢ per kWh, August 2026

12-month change: +1.4% (from 12.54¢) · US 18.16¢

Aug 2025: 12.54¢/kWh Sep 2025: 13.28¢/kWh Oct 2025: 13.78¢/kWh Nov 2025: 14.21¢/kWh Dec 2025: 13.74¢/kWh Jan 2026: 13.98¢/kWh Feb 2026: 14.38¢/kWh Mar 2026: 14.16¢/kWh Apr 2026: 14.29¢/kWh May 2026: 13.60¢/kWh Jun 2026: 13.11¢/kWh Jul 2026: 12.77¢/kWh Aug 2026: 12.72¢/kWh

Average household uses 908 kWh a month in Nevada ≈ $122/month. Source: EIA-861M (statewide average).

Regular gasoline regional figure: West Coast excl. California (PADD 5)

$4.77 per gallon, week of 2026-11-02

12-month change: +25.9% (from $3.79) · US $4.15

2026-05-11: $5.189/gal 2026-05-18: $5.186/gal 2026-05-25: $5.162/gal 2026-06-01: $5.080/gal 2026-06-08: $4.955/gal 2026-06-15: $4.844/gal 2026-06-22: $4.665/gal 2026-06-29: $4.534/gal 2026-07-06: $4.422/gal 2026-07-13: $4.393/gal 2026-07-20: $4.541/gal 2026-07-27: $4.662/gal 2026-08-03: $4.685/gal 2026-08-10: $4.643/gal 2026-08-17: $4.706/gal 2026-08-24: $4.776/gal 2026-08-31: $4.823/gal 2026-09-07: $4.975/gal 2026-09-14: $5.026/gal 2026-09-21: $5.106/gal 2026-09-28: $5.153/gal 2026-10-05: $5.116/gal 2026-10-12: $5.071/gal 2026-10-19: $5.007/gal 2026-10-26: $4.868/gal 2026-11-02: $4.771/gal

EIA weekly retail price survey; Nevada is covered by the West Coast excl. California (PADD 5) average.

Inflation in the West

Consumer prices in the West Census region rose +3.4% in the 12 months to September 2026 (US +3.7%). Nationally, food at home changed +1.8%, shelter +3.2% and energy +20.4%. Source: BLS CPI-U, not seasonally adjusted. CPI is published for regions and large metro areas, so the regional figure is shown.

Salary equivalent

Because prices in Sparks are 4.0% above the US average, $60,000 here has the buying power of about $57,700 in an average-priced US area.

Same buying power in an average-priced US area$57,700
Needed in Sparks to match $60,000 in an average-priced US area$62,400

Formula: US-equivalent = salary × 100 ÷ 104.0. Based on the local cost index (CostLiving estimate from BEA RPP and Census rents); taxes not included.

Nearby cities

CityDistanceIndexBudget (single)Median rent
Reno, NV7 mi101.8 $2,867$1,556
Carson City, NV29 mi98.3 $2,558$1,248
South Lake Tahoe, CA47 mi103.9 $3,063$1,606
El Dorado Hills, CA95 mi115.7 $3,915$2,552
Lincoln, CA98 mi109.9 $3,044$2,090
Rocklin, CA98 mi112.0 $3,564$2,258

Cities with a similar cost of living

CityIndexBudget (single)Median rent
Burleson, TX104.0 $2,865$1,685
West Jordan, UT104.0 $2,858$1,757
Yuba City, CA104.0 $3,000$1,454
Tempe, AZ104.0 $3,167$1,743
Atascocita, TX104.0 $2,935$1,849
Florin, CA104.1 $2,926$1,622

Compare Sparks with another city

Frequently asked questions

Is Sparks, NV an expensive place to live?

Sparks has a local cost of living index of 104.0, which is 4.0% above the US average. This CostLiving estimate starts from the BEA Regional Price Parities 2024 for the Reno, NV metro area (101.0) and adjusts housing to Sparks's own rents. It is 4.0 points above the Nevada average. It is the 2nd most expensive of the 11 Nevada cities in our data. More expensive than 57% of the cities we cover.

How much money do you need to live in Sparks?

Our modelled estimate of basic monthly costs is $2,886 for a single adult, $4,723 for a couple and $5,762 for a family of four, before taxes, child care and savings. A $60,000 salary in an average-priced US area buys about the same as $62,400 in Sparks.

What is the average rent in Sparks?

The median gross rent (rent plus tenant-paid utilities) is $1,716 a month (Census ACS 2020-2024). By size: 1 bedroom $1,361, 2 bedrooms $1,772, 3 bedrooms $2,062. The typical renter spends 30.3% of household income on rent (expensive).

How much does a house cost in Sparks?

The median owner-estimated home value is $483,800, 5.4 times the median household income of $89,056 (expensive). Owners with a mortgage pay a median $2,010 a month in housing costs.

How much is electricity and gas in Sparks?

Nevada residential electricity averaged 12.72¢ per kWh in August 2026 (US 18.16¢). Regular gasoline was $4.77 a gallon (West Coast excl. California (PADD 5) average, week of 2026-11-02).

Sources and notes

Labels such as “county figure” or “state nonmetro figure” mark values that come from a larger area because the city-level figure is unavailable or unreliable. The monthly budget is a modelled estimate, not observed spending, and excludes taxes. This page is for general information and is not financial advice. Methodology · All sources