Lincoln is 37% cheaper than Reno.
When comparing Lincoln, NE and Reno, NV, the overall cost of living indices are 77 and 122 respectively (national median = 100). Rent is $408/month cheaper in Lincoln, saving renters about $4,896/year.
Median household income is $8,457/year higher in Reno. Home values also differ significantly — the median in Lincoln is $248,200 compared to $498,600 in Reno.
Nevada has no state income tax, giving Reno residents a significant tax advantage over Nebraska's 6.64% rate.
Lincoln vs Reno — common questions
Other cost of living comparisons for Lincoln and Reno