Newark, NJ vs Reno, NV: 100 vs 122

$1,330/mo ↓ 8%

Median Rent

$1,453/mo ↑ 9%

$48,416/yr ↓ 38%

Median Income

$78,448/yr ↑ 62%

$337,800 ↓ 32%

Home Value

$498,600 ↑ 48%

$1,419/mo ↓ 4%

Owner Costs

$1,482/mo ↑ 4%

307,188

Population

268,959

Detailed Comparison

When comparing Newark, NJ and Reno, NV, the overall cost of living indices are 100 and 122 respectively (national median = 100). Rent is $123/month cheaper in Newark, saving renters about $1,476/year.

Median household income is $30,032/year higher in Reno. Home values also differ significantly — the median in Newark is $337,800 compared to $498,600 in Reno.

Nevada has no state income tax, giving Reno residents a significant tax advantage over New Jersey's 10.75% rate.

Frequently Asked Questions

Newark vs Reno — common questions

Is Newark or Reno cheaper to live in?

Based on our cost index, Newark is cheaper to live in with an index of 100 compared to 122 (US average = 100).

What is the rent difference between Newark and Reno?

Median rent in Newark is $1,330/month and in Reno it's $1,453/month — a difference of $123/month.

Which city has higher income, Newark or Reno?

Median household income is $48,416 in Newark and $78,448 in Reno. Median household income is $30,032/year higher in Reno.

How do taxes compare between New Jersey and Nevada?

New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax. Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax.

Should I move to Newark or Reno?

It depends on your priorities. Newark has a cost index of 100 with median rent of $1,330/mo, while Reno has a cost index of 122 with rent of $1,453/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Newark, NJ vs Reno, NV (2026)

Newark

Reno

Tax Comparison

Affordability

Detailed Comparison

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