Median rent is 15% lower in Reno ($1,556/mo vs $1,821/mo). Buying is cheaper in Reno, where the median home runs $548,300 versus $777,600. Households earn more in Reno ($80,760 vs $80,483 a year).
City A
New York, NY
City B
Reno, NV
How much would you need to earn in Reno, NV to maintain your standard of living from New York, NY?
A cost-of-living index isn't available for one of these cities yet, so we can't compute an equivalent salary.
Based on BEA Regional Price Parity (cost index) for each metro area. This estimates overall purchasing power; it does not account for taxes or take-home pay differences.
Metric
New York
New York
Reno
Nevada
Population
Median Household Income
Annual
Median Gross Rent
Per month
Median Home Value
Cost of Living Index
US avg = 100
1BR Fair Market Rent
HUD FMR
2BR Fair Market Rent
HUD FMR
3BR Fair Market Rent
HUD FMR
Air Quality Index
Lower = cleaner
Top State Income Tax
Top marginal rate
State Sales Tax
Statewide base rate
Median Age
Years
✓ = better value · Sources: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Median rent is modestly lower in Reno at $1,556/mo compared to $1,821/mo in New York (15% gap). Home buyers face a steeper market in New York: the median home is $777,600 versus $548,300 in Reno — 29% more expensive.
Metric
New York
Reno
Software Developer
Registered Nurse
Elementary Teacher
Electrician
Accountant
Higher wage highlighted · BLS OEWS 2023 (metro-level data)
State tax data is not yet available for these cities.
New York
Income tax: N/A
Sales tax: N/A
Reno
Income tax: N/A
Sales tax: N/A
New York has cleaner air on average: 46.0 AQI (Good) compared to 54.0 AQI (Moderate) in the other city. Lower AQI means cleaner, healthier air.
Pick Reno if you prioritize cheaper rent ($1,556/mo median).
Pick New York if you prioritize cleaner air quality (avg AQI 46.0).
Cost of living index data is not yet available for one or both cities.
Median rent is $1,821/mo in New York, NY and $1,556/mo in Reno, NV. Reno, NV has the lower rent by about 15%.
Median household income is $80,483 in New York, NY and $80,760 in Reno, NV. Reno, NV has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
New York, NY has better air quality on average: 46.0 AQI versus 54.0 AQI. Both are EPA AirNow annual averages; lower is better.
State tax data is not yet available for one or both cities.
RPP data needed for salary equivalence calculation is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
