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A good starting point is the 40x rent rule.
This can help you get a sense of yourbudget.
The rule suggests that your annual income should be around 40 times your monthly rent.
This quick bit of math can give you a ballpark figure to help plan your move.
What does it cost to live in Nevada?
GOBankingRates took a look at the monthly expenses for a single person in four cities.
Living expense and rent estimates were sourced fromNumbeo.
Here is the living wage a single person needs tolive comfortably in Nevada.
It attracts millions of visitors and residents every year.
Thats equivalent to about $60,000 per year, or about $29 per hour.
If you were able to live in the suburbs, you could reduce costs further.
Henderson
Henderson is Nevadas second-largest city.
It offers a more suburban feel compared with Las Vegas, its flashy neighbor.
Reno
Reno is The Biggest Little City in the World.
Like Vegas, its known for itscasinos and nightlife, but it also attracts tech companies.
Outdoor enthusiasts are drawn there as well due to its proximity to Lake Tahoe.
Cost of living estimates show Reno as moderately affordable compared with other cities in Nevada.
Thats an annual salary of about $62,800, or $30 per hour.
Thats an annual salary of about $67,000, or $32 per hour.
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